Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
North Bay Sold Land Prices — March 2025
2 land parcels sold in North Bay in March 2025. Average sold price $251,000. 50% sold above asking — strong demand for land in this area.
| City | Avg Sold | Median | Sale / List | DOM | Market |
|---|---|---|---|---|---|
| East Ferris | $172,000 | $172,000 | 120.3% | 7d | 🔥 Sellers |
| Bonfield | $55,000 | $55,000 | 110.0% | 10d | 🔥 Sellers |
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2 land parcels sold in North Bay in March 2025. The average sold price was $251,000 and the median was $251,000. The average and median are within 0% of each other.
50% of land parcels in North Bay sold above asking in March 2025, with an average sale-to-list ratio of 94.8%. On average, parcels sold at or below the listed price.
Land in North Bay took an average of 201 days to sell in March 2025, which is slower-moving, giving buyers more time to negotiate. Land transactions typically involve zoning checks, environmental assessments, surveys, and financing — which extend the timeline compared to home sales.
In March 2025, land in North Bay sold between $102,000 and $400,000. This includes lots, acreage, and agricultural parcels. The average sold price was $251,000 and the median was $251,000.
The average land sale price in North Bay in March 2025 was $251,000, which is $415,485 below the Ontario average of $666,485. The Ontario average for the same period was $666,485.
Data note: Based on MLS® land sale transaction data for North Bay, Ontario. Not official TRREB or CREA data. For general research only.
