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City in Ontario

Houses for sale under $1M in Owen Sound

Looking for cheap houses for sale in Owen Sound? 132 homes in Owen Sound are listed for sale under $1M, which is 96% of everything for sale. Most are detached houses.

community-oriented family-friendly nature-rich

21,612 people lived in Owen Sound at the 2021 Census, in 9,920 households. 58% of households owned their home and 42% rented. The most common homes were single-detached houses (51%) and low-rise apartments (27%). 72% of homes were built before 1981, and 4% since 2011. 88% of commuters went to work by car and 1% by public transit.

5.6 school rating

Owen Sound, Ontario

Houses for Sale in Owen Sound Under $1M

Day to dayLivability

5.6

Schools near listings

out of 10 · averaged over 2,398 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$515,000

28% below Ontario

In Owen Sound

$515,000

In Ontario

$716,900

Median monthly rent

$1,850/mo

26% below Ontario

In Owen Sound

$1,850

In Ontario

$2,499

$571

Per square foot

≈ 23.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

137

Median $515,000

Houses 122 · Condos 15

For rent

Median $1,850

Houses 6

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Affordable compared to provincial median prices
Diverse housing options available
Plenty of parks for outdoor activities
Good school rating for families

Keep in mind

Limited rental options with only 9 available
Prices are above the city median for homes

The feel of the placeLifestyle

Daily life in Owen Sound is relaxed with access to nature and community resources. The city has a close-knit feel.

Great for first-time buyers families those seeking affordable housing

Within the boundaryWhat's nearby

The boundary

24.5 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 24.5 km² of Owen Sound. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

5.4/10

Average rating of the 7 rated schools in this area

Elementary

Secondary

Owen Sound District Secondary School Secondary School
Public · Grades 9–12 · Bluewater DSB
6.5/106.5 over 5 yrs
311th of 742 Ontario secondary schools
1,285 students · EQAO 2024-2025
Alexandra Community School
Public · Grades JK–8 · Bluewater DSB
5.9/103.9 over 5 yrs
1,664th of 3,045 Ontario elementary schools
315 students · EQAO 2024-2025
St Mary's High School
Catholic · Grades 9–12 · Bruce-Grey CDSB
5.8/105.4 over 5 yrs
422nd of 742 Ontario secondary schools
1,035 students · EQAO 2024-2025
East Ridge Community School
Public · Grades JK–8 · Bluewater DSB
5.2/10
2,081st of 3,045 Ontario elementary schools
805 students · EQAO 2024-2025
École élémentaire catholique St-Dominique-Savio
Independent · French · Grades JK–8 · CSC Providence
5.1/101.8 over 5 yrs
2,146th of 3,045 Ontario elementary schools
175 students · EQAO 2024-2025
Hillcrest Elementary School
Public · Grades JK–8 · Bluewater DSB
4.8/104.6 over 5 yrs
2,287th of 3,045 Ontario elementary schools
480 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Owen Sound, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

21,612

Population (2021)

24.2 km²

Area

893

People per km²

48.2

Median age

$66,430

Median income

58%

Own their home

2.1

People per household

9,920

Households

Every age

Children (under 15)14.3%
Working age (15–64)58.5%
Seniors (65+)27.2%

What is built here

Detached houses51.1%
Semi-detached4.3%
Townhouses6.7%
Duplexes2.5%
Low-rise apartments27.2%
High-rise apartments7.4%

Own or rent

58%Owners

42%Renters

Across 9,920 households

When it was built

Mostly 1960 or earlier

1960 or earlier44%
1961–198029%
1981–199012%
1991–20006%
2001–20051%
2006–20102%
2011–20152%
2016–20212%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

7.8%
Born outside Canada: 16.1%
Hold a degree or higher: 48.9%
Employment rate: 0.6%
Commute by transit: 87.8%
Commute by car: 1.7
Children per family: $59,923
Median income after tax: $79,479
Average household income: 15.2%
Living on a low income: $983/mo
Renters pay, per month: $1,071/mo
Owners pay, per month: $416,371
Median home value at census: 34.5%
Renters spending 30%+ of income on housing: 11.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 43 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

Questions, answered

Common questions about houses for sale under $1M in Owen Sound

How many homes in Owen Sound sell for under $1M?

132 homes in Owen Sound are listed for sale under $1M today, 96% of the 137 homes for sale. Their median asking price is $504,900.

All homes for sale in Owen Sound

What kind of home can I buy in Owen Sound for under $1M?

Under $1M, Owen Sound has detached houses (84), condo apartments (12) and multiplexes (10) for sale. Most range from studios to 5 bedrooms.

Houses for sale in Owen Sound

Keep looking

More Homes for Sale in Owen Sound

137 homes are for sale in Owen Sound. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.