Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
North Bay Sold Land Prices — May 2025
2 land parcels sold in North Bay in May 2025. Average sold price $111,500. 100% sold below asking — buyers have negotiating room.
| City | Avg Sold | Median | Sale / List | DOM | Market |
|---|---|---|---|---|---|
| East Ferris | $172,000 | $172,000 | 120.3% | 63d | 🔥 Sellers |
| Nipissing | $130,000 | $130,000 | 92.2% | 178d | 🧊 Buyers |
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2 land parcels sold in North Bay in May 2025. The average sold price was $111,500 and the median was $111,500. The average and median are within 0% of each other.
100% of land sold below asking in North Bay in May 2025, with an average sale-to-list ratio of 96.2%. The average sale-to-list ratio was 96.2%.
Land in North Bay took an average of 364 days to sell in May 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 May 2025, land in North Bay sold between $76,000 and $147,000. This includes lots, acreage, and agricultural parcels. The average sold price was $111,500 and the median was $111,500.
The average land sale price in North Bay in May 2025 was $111,500, which is $388,897 below the Ontario average of $500,397. The Ontario average for the same period was $500,397.
Data note: Based on MLS® land sale transaction data for North Bay, Ontario. Not official TRREB or CREA data. For general research only.
