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City in Ontario

Houses for sale under $1M in Parry Sound

Looking for cheap houses for sale in Parry Sound? 32 homes in Parry Sound are listed for sale under $1M, which is 89% of everything for sale. Most are detached houses.

community-focused quiet family-friendly

6,879 people lived in Parry Sound at the 2021 Census, in 3,195 households. 60% of households owned their home and 40% rented. The most common homes were single-detached houses (54%) and low-rise apartments (27%). 70% of homes were built before 1981, and 10% since 2011. 85% of commuters went to work by car and 0% by public transit.

Parry Sound, Ontario

Houses for Sale in Parry Sound Under $1M

Day to dayLivability

3.5

Schools near listings

out of 10 · averaged over 928 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

$589,450

18% below Ontario

In Parry Sound

$589,450

In Ontario

$716,900

Median monthly rent

$3,500/mo

40% above Ontario

In Parry Sound

$3,500

In Ontario

$2,499

$1,017

Per square foot

≈ 14 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $589,450

Houses 33 · Condos 3

For rent

Median $3,500

Houses 1

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
Good school ratings
Low number of homes for rent

Keep in mind

Limited rental options
No parks or transit services
Higher median sale price than city average

The feel of the placeLifestyle

Daily life in Parry Sound is community-oriented, with access to schools and residential living. It is a quieter area with less urban activity.

Great for first-time buyers families those seeking a quieter lifestyle

Within the boundaryWhat's nearby

The boundary

17.9 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

Transit stations

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 17.9 km² of Parry Sound. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

3.2/10

Average rating of the 3 rated schools in this area

Elementary

Secondary

Parry Sound High School
Public · Grades 9–12 · Near North DSB
3.9/104.5 over 5 yrs
660th of 742 Ontario secondary schools
625 students · EQAO 2024-2025
Parry Sound Public School School
Public · Grades JK–6 · Near North DSB
3.9/104.4 over 5 yrs
2,601st of 3,045 Ontario elementary schools
435 students · EQAO 2024-2025
St Peter the Apostle School
Catholic · Grades JK–8 · Simcoe Muskoka CDSB
1.8/101.9 over 5 yrs
2,953rd of 3,045 Ontario elementary schools
215 students · EQAO 2024-2025
646571- CMHA Cedar Spaces
Public · Grades 9–12 · Near North DSB
Not rated
646754 - L4L and Seeds High School
Public · Grades 7–12 · Near North DSB
Not rated
Parry Sound Intermediate School School
Public · Grades 7–8 · Near North DSB
Not rated
110 students

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Parry 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

6,879

Population (2021)

13.1 km²

Area

525

People per km²

Median age

$61,940

Median income

60%

Own their home

People per household

3,195

Households

Every age

Children (under 15)11.7%
Working age (15–64)56.1%
Seniors (65+)32.1%

What is built here

Detached houses53.9%
Semi-detached4.2%
Townhouses1.3%
Duplexes5.2%
Low-rise apartments27.3%
High-rise apartments6%
Other attached homes2.2%

Own or rent

60%Owners

40%Renters

Across 3,195 households

When it was built

Mostly 1960 or earlier

1960 or earlier41%
1961–198029%
1981–199010%
1991–20005%
2001–20052%
2006–20103%
2011–20157%
2016–20213%

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.

7.6%
Born outside Canada: 16.6%
Hold a degree or higher: 49.7%
Employment rate: 0%
Commute by transit: 84.7%
Commute by car: 1.6
Children per family: $56,327
Median income after tax: $75,897
Average household income: 15.1%
Living on a low income: $1,100/mo
Renters pay, per month: $1,063/mo
Owners pay, per month: $369,046
Median home value at census: 42.5%
Renters spending 30%+ of income on housing: 19.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 12 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 Parry Sound

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

32 homes in Parry Sound are listed for sale under $1M today, 89% of the 36 homes for sale. Their median asking price is $513,250.

All homes for sale in Parry Sound

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

Under $1M, Parry Sound has detached houses (18), vacant lots (5) and multiplexes (5) for sale. Most range from studios to 5 bedrooms.

Houses for sale in Parry Sound

Keep looking

More Homes for Sale in Parry Sound

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