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City in Ontario

Homes for sale in Penetanguishene

Name: HOMEH Market Pulse — Penetanguishene closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

Browse all Penetanguishene real estate listings in one place: 91 homes for sale in Penetanguishene, ON, from $119,900 to $4,750,000, with a median asking price of $677,450. Most are detached houses and vacant lots.

family-friendly community-oriented suburban

10,077 people lived in Penetanguishene at the 2021 Census, in 3,985 households. 76% of households owned their home and 24% rented. The most common homes were single-detached houses (68%) and low-rise apartments (17%). 52% of homes were built before 1981, and 7% since 2011. 92% of commuters went to work by car and 0% by public transit.

Penetanguishene, Ontario

Penetanguishene MLS® Listings

Day to dayLivability

4.3

Schools near listings

out of 10 · averaged over 2,686 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

$679,900

5% below Ontario

In Penetanguishene

$679,900

In Ontario

$716,900

Median monthly rent

$2,590/mo

4% above Ontario

In Penetanguishene

$2,590

In Ontario

$2,499

$568

Per square foot

≈ 21.9 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $679,900

Houses 80 · Condos 11

For rent

Median $2,590

Houses 2 · Condos 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

Strong school rating of 4.3
Lower median sale price than provincial average
Family-friendly with many parks
Good public transit options

Keep in mind

Limited rental options available
Prices are above some local averages

The feel of the placeLifestyle

Daily life in Penetanguishene is relaxed, with access to parks and schools. The community is supportive and welcoming.

Great for first-time buyers families retirees

Within the boundaryWhat's nearby

The boundary

25.1 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

Libraries

Counted across all 25.1 km² of Penetanguishene. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

4.2/10

Average rating of the 7 rated schools in this area

Elementary

Secondary

Burkevale Protestant Separate School Separate School
Independent · Grades JK–8 · Penetanguishene PSSB
6.2/105.7 over 5 yrs
1,444th of 3,045 Ontario elementary schools
345 students · EQAO 2024-2025
ÉÉC Saint-Louis
Independent · French · Grades JK–8 · CSC MonAvenir
5.7/10
1,807th of 3,045 Ontario elementary schools
85 students
École secondaire Le Caron
Public · French · Grades 9–12 · Conseil scolaire Viamonde
4.8/105.4 over 5 yrs
573rd of 742 Ontario secondary schools
100 students · EQAO 2024-2025
École élémentaire Saint-Joseph
Public · French · Grades JK–6 · Conseil scolaire Viamonde
4.4/10
2,432nd of 3,045 Ontario elementary schools
240 students · EQAO 2024-2025
St Ann's Separate School
Catholic · Grades JK–8 · Simcoe Muskoka CDSB
4.1/103.4 over 5 yrs
2,535th of 3,045 Ontario elementary schools
145 students · EQAO 2024-2025
Canadian Martyrs Catholic School
Catholic · Grades JK–8 · Simcoe Muskoka CDSB
3.0/103.7 over 5 yrs
2,825th of 3,045 Ontario elementary schools
215 students · EQAO 2024-2025

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

10,077

Population (2021)

25.4 km²

Area

396

People per km²

51.9

Median age

$78,719

Median income

76%

Own their home

2.3

People per household

3,985

Households

Every age

Children (under 15)10.9%
Working age (15–64)59.5%
Seniors (65+)29.6%

What is built here

Detached houses67.7%
Semi-detached4.6%
Townhouses2.5%
Duplexes7.5%
Low-rise apartments17.1%

Own or rent

76%Owners

24%Renters

Across 3,985 households

When it was built

Mostly 1960 or earlier

1960 or earlier27%
1961–198025%
1981–199016%
1991–200013%
2001–20056%
2006–20105%
2011–20152%
2016–20215%

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.

6.7%
Born outside Canada: 13.5%
Hold a degree or higher: 45.6%
Employment rate: 0%
Commute by transit: 91.5%
Commute by car: 1.6
Children per family: $69,627
Median income after tax: $95,138
Average household income: 11.9%
Living on a low income: $887/mo
Renters pay, per month: $1,103/mo
Owners pay, per month: $561,576
Median home value at census: 25.5%
Renters spending 30%+ of income on housing: 12.4%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 18 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)

HOMEH Market Pulse Through September 2026 Deep sales history

What Homes in Penetanguishene Actually Sell For

117 homes changed hands in Penetanguishene over the 12 months to September 2026. Half sold above $593,122 and half below, 4.1% lower than the 12 months before. A typical home found its buyer in 44 days.

Median sold price: $593K; -4.1% year over year
Days to sell: 44; Unchanged
Sales closed: 117; last 12 months
Per square foot: $445; from 109 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one home here differs from the next.

$894K$712K$529K$347K

Oct ’23Oct ’24Sep ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$961,900

on a $1,000,000 asking price — under ask by $38,100

−10%Asking price+10%

Of the asking price: 96.2%
Sold over asking: 4.3%

From 117 sales that closed here in the last 12 months.

Rent or buy in Penetanguishene

21.1 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$593,122

117 sales

Median rent

$2,337/mo

17 leases

Gross rental yield

4.73%

before costs

Both figures come from deals that actually closed in Penetanguishene over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually trades in Penetanguishene

A single median hides this: the mix of homes behind it, and what each kind costs.

117sales

Detached$612K75.2%
Other kinds, too few of each —24.8%

How fast it moves

Median days on market, month by month. Taller means slower.

Aug 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Penetanguishene, sales

Monthly closed sales in Penetanguishene
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	7	$535,000	$473K – $663K	39	95.1%
Aug 2026	15	$565,000	$450K – $713K	57	95.9%
Jul 2026	16	$520,000	$426K – $638K	34	96.5%
Jun 2026	14	$587,500	$502K – $732K	21	95.9%
May 2026	14	$644,875	$590K – $775K	33	96.7%
Apr 2026	4	Not enough sales this month to report a median
Mar 2026	8	$645,000	$594K – $683K	40	97.6%
Feb 2026	7	$550,000	$425K – $600K	101	95.2%
Jan 2026	3	Not enough sales this month to report a median
Dec 2025	8	$657,500	$599K – $720K	52	97.4%
Nov 2025	10	$621,250	$521K – $740K	63	95.4%
Oct 2025	11	$675,000	$455K – $715K	31	95.8%
Sep 2025	17	$500,000	$420K – $572K	39	96.4%
Aug 2025	11	$613,000	$519K – $793K	63	98.0%
Jul 2025	14	$620,000	$403K – $695K	29	99.0%
Jun 2025	14	$587,500	$450K – $745K	38	97.7%
May 2025	15	$717,000	$566K – $776K	42	97.9%
Apr 2025	14	$563,500	$476K – $695K	18	98.1%
Mar 2025	10	$624,500	$563K – $695K	37	97.2%
Feb 2025	6	$632,500	$546K – $717K	38	96.3%
Jan 2025	9	$739,500	$680K – $798K	105	98.4%
Dec 2024	11	$589,900	$538K – $675K	47	97.4%
Nov 2024	17	$600,000	$535K – $738K	69	96.9%
Oct 2024	19	$680,000	$448K – $705K	26	95.4%
Sep 2024	18	$624,500	$554K – $746K	39	97.3%
Aug 2024	12	$667,500	$603K – $723K	85	98.0%
Jul 2024	23	$720,000	$568K – $802K	54	97.8%
Jun 2024	18	$627,500	$558K – $741K	52	97.2%
May 2024	23	$605,000	$485K – $807K	30	97.8%
Apr 2024	15	$725,900	$570K – $856K	54	98.1%
Mar 2024	12	$572,500	$384K – $678K	31	97.2%
Feb 2024	8	$492,500	$444K – $554K	17	98.9%
Jan 2024	2	Not enough sales this month to report a median
Dec 2023	3	Not enough sales this month to report a median
Nov 2023	12	$620,000	$419K – $669K	46	100.0%
Oct 2023	4	Not enough sales this month to report a median

5 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.

What people ask about Penetanguishene

How much does a home cost in Penetanguishene?

Homes in Penetanguishene sold for a median of $593,122 over the 12 months to September 2026, across 117 closed sales — half sold for more and half for less. That is 4.1% lower than the 12 months before it.

How long does it take to sell a home in Penetanguishene?

A home in Penetanguishene took a median of 44 days on the market over the 12 months to September 2026. Homes there closed at 96.2% of the asking price on average, with 4.3% selling over asking.

How much is rent in Penetanguishene?

The median lease in Penetanguishene closed at $2,337 a month over the 12 months to September 2026, across 17 leases.

Is it cheaper to rent or buy in Penetanguishene?

A home in Penetanguishene costs about 21.1 years of the rent on one — the median price of $593,122 against a median rent of $2,337 a month, a gross yield of 4.73%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from sales reported closed in Penetanguishene on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Questions, answered

Common questions about homes for sale in Penetanguishene

How many homes are for sale in Penetanguishene, ON right now?

91 homes are for sale in Penetanguishene on MLS® right now.

What is the average house price in Penetanguishene?

The median asking price of the 91 homes for sale in Penetanguishene is $677,450: half are listed above it and half below. By type, the median is $724,950 for detached houses, $362,450 for vacant lots and $439,000 for condo apartments.

Houses for sale in Penetanguishene

Where can I find cheap houses for sale in Penetanguishene?

71 homes in Penetanguishene are listed under $800K and 81 under $1M. The lowest asking price today is $119,900.

Homes under $800K in Penetanguishene

Are there new homes for sale in Penetanguishene?

Yes. 6 of the 91 homes for sale in Penetanguishene are new construction.

New construction homes in Penetanguishene

How do I get cash back when I buy a home in Penetanguishene?

Buy through HOMEH and you get a Cashback Rebate of 1.5% of the purchase price, paid at closing, subject to eligibility and your buyer agreement. On Penetanguishene’s median asking price of $677,450, that would be $10,162.

How the Cashback Rebate works

Keep looking

More Houses to Buy in Penetanguishene

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