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May 2025 · North Bay
North Bay Sold Home Prices for May 2025
54 residential properties closed in North Bay in May 2025. Average sold price of $470,859. 59.3% of homes sold above asking — a competitive sellers market.
Avg Sold Price $470,859
Median Price $422,889
Sale / List 102.8%
Over Asking 59.3%
Avg DOM 68 days
Total Sold
54
all residential
Avg Sold Price
$470,859
all types
Median Price
$422,889
mid-point
Sale / List
102.8%
avg ratio
Over Asking
59.3%
of all sales
Avg DOM
68
days on market
Prices by Property Type
North Bay · May 2025
💰 Price Summary
Average Sold $470,859
Median Sold $422,889
Avg List Price $457,904
Lowest Sale $240,000
Highest Sale $839,900
Sale / List Ratio 102.8%
📊 Competition
Sold over asking 59.3%
Sold at asking 7.4%
Sold under asking 33.3%
Avg Days on Market 68 days
Fast · 050Slow · 100+
🔥 Sellers market — 59.3% sold above asking at a 102.83% sale-to-list ratio.
💰 Price Summary
Average Sold $322,000
Median Sold $305,000
Avg List Price $321,730
Lowest Sale $240,000
Highest Sale $435,000
Sale / List Ratio 100.1%
📊 Competition
Sold over asking 40.0%
Sold at asking 0.0%
Sold under asking 60.0%
Avg Days on Market 67 days
Fast · 050Slow · 100+
🧊 Buyers market — 60% sold below asking. Avg 67 days on market.
💰 Price Summary
Average Sold $492,279
Median Sold $444,000
Avg List Price $473,197
Lowest Sale $269,000
Highest Sale $839,900
Sale / List Ratio 104.0%
📊 Competition
Sold over asking 71.8%
Sold at asking 5.1%
Sold under asking 23.1%
Avg Days on Market 61 days
Fast · 050Slow · 100+
🔥 Sellers market — 71.8% sold above asking at a 104.03% sale-to-list ratio.
💰 Price Summary
Average Sold $524,200
Median Sold $665,000
Avg List Price $525,940
Lowest Sale $261,000
Highest Sale $715,000
Sale / List Ratio 99.7%
📊 Competition
Sold over asking 20.0%
Sold at asking 40.0%
Sold under asking 40.0%
Avg Days on Market 116 days
Fast · 050Slow · 100+
⚖️ Balanced — 20% over vs 40% under asking.
💰 Price Summary
Average Sold $463,750
Median Sold $463,750
Avg List Price $477,450
Lowest Sale $372,500
Highest Sale $555,000
Sale / List Ratio 97.1%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 91 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 91 days on market.
Nearby Cities · May 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| East Ferris | $575,250 | $592,500 | 103.9% | 56d | 🔥 Sellers |
| Callander | $700,000 | $700,000 | 97.2% | 58d | 🧊 Buyers |
| Bonfield | $570,500 | $570,500 | 97.7% | 66d | 🔥 Sellers |
| Powassan | $580,000 | $615,000 | 99.8% | 157d | 🧊 Buyers |
| Mattawa | $283,333 | $315,000 | 103.7% | 82d | 🧊 Buyers |
Frequently Asked Questions
North Bay · May 2025
The average sold price across all residential types in North Bay was $470,859 in May 2025,
based on 54 closed transactions. The median was
$422,889.
Condos averaged $322,000, freehold averaged $492,279, and townhouses averaged $524,200.
The average North Bay home took 68 days to sell in May 2025.
Freehold properties averaged 61 days while condos averaged 67 days.
In May 2025, condos averaged $322,000 while freehold homes averaged $492,279 —
a gap of $170,279.
North Bay averaged $470,859 in May 2025. Bonfield averaged $570,500. Mattawa averaged $283,333. See the full May 2025 Ontario summary →
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Data note: Based on MLS® resale transaction data held in our system for North Bay, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
