North Bay Real Estate Report: November 2025

TL;DR

• The average sale price for a home in the Nipissing District is down 5.5% year-over-year.
• New listings climbed by a massive 30.6%, giving you significantly more options to choose from.
• Transaction volume saw a slight increase of 1.2% compared to last year.
• The market is shifting, creating real opportunities for buyers to find value.

The North Bay Housing Market: November 2025

The North Bay real estate market is going through a meaningful change. The data for November 2025, when compared to the same time last year, shows a clear advantage for people looking to buy a home in North Bay right now.

These specific insights for the Nipissing District are provided by local expert Juliana Driscoll, REALTOR®. We look at three key numbers to see where the market is headed: the average sale price, the number of new listings, and the overall transaction volume.

Nipissing District
	2025	2024	% Change
Average price:	$391,325	$414,142	Down 5.5%
Average Listing Price:	$513,737	$470,318	Up 8.4%
# of Transactions:	82	81	Up 1.2%
New Listings:	111	85	Up 30.6%
Average sale price / list price:	96.6%	97.8%	Down 1.2%
Average Days on Market:	45 days	41 days	Up 10%
Total dollar volume:	$32M	$33.5M	Down 4.3%

Average Sale Price: A Favourable Dip for Buyers

When you look at the price of houses for sale in North Bay, Ontario, it’s better news for buyers than we’ve seen in a while.

The average sale price in the Nipissing District for November 2025 was $391,325. This is a 5.5% decrease compared to the price a year ago.

What does a drop in the average price mean for you? It means greater affordability. The pressure to bid high pretty much gone, for now.

A Flood of Houses for Sale: The Buyer’s Advantage

The biggest shift we see is in the supply of homes. New listings climbed by a massive 30.6% year-over-year.

This large increase in houses for sale completely changes the market. When more homes are available, competition goes down. You get more time to look around and compare your options. This high inventory also puts you in a stronger position when making an offer.

We also saw a slight bump of 1.2% in the total number of homes sold, or the transaction volume. This small increase shows that buyers are active, but the market is far from the fast, frantic pace of the past.

Callander, Powassan & Nipissing Township: November 2025

Callander, Powassan & Nipissing Township (Combined)
	2025	2024
Average price:	$450,750	$112,000
Average Listing Price:	$498,213	$484,950
# of Transactions:	4	1
New Listings:	8	2
Average sale price / list price:	90.5%	91.1%
Average Days on Market:	131 days	21 days
Total dollar volume:	$1,803,000	$112,000

There aren’t enough transactions in these rural communities to properly track trends. However, seeing the data can help put things into perspective. 2024 had one very low-priced sale, which dramatically drags down the averages. 2025 had four sales, all much higher priced, giving a more realistic view of typical rural market values.

More sellers entered the market this November, giving buyers more options. Homes in these areas are selling for slightly less compared to list price than last year. Buyers have a bit more negotiating room. And properties are taking significantly longer to sell in 2025.

This reflects:

• Higher price points,
• Slower rural demand,
• Buyers waiting for better rates.

The Callander / Powassan / Nipissing Township market saw much higher sale prices and far more activity in November 2025 compared to November 2024 — but this is largely because 2024 only had ONE sale, and it was a very low-priced property.

Navigating the New Buyer-Friendly North Bay Market

With a drop in prices and a huge jump in the number of homes available, the North Bay market has shifted to favour the buyer. You no longer need to rush into an emotional decision. You can take your time, find the right house, and negotiate a smart deal.

To succeed in this market, you need a smart, low-stress plan. This plan requires two trusted professionals working together for you: a realtor and a mortgage agent.

Your Real Estate Guide: Partner with Juliana Driscoll, REALTOR®

When searching for houses for sale, you need a local expert who understands the unique area. Juliana Driscoll is a dedicated REALTOR® and proud Callander resident who brings deep local knowledge and empathy to the process. She focuses on clear communication and family-focused service, making sure you feel confident and cared for throughout your journey to find a home in North Bay. Juliana will guide you through every step with heart, hustle, and a clear plan.

To start your search, reach out to Juliana today:

• Juliana Driscoll | REALTOR®
• Century 21 Blue Sky Region Realty Inc., Brokerage
• Direct: (705) 493-9093
• Office: (705) 474-4500
• Website: You can learn more about her local expertise on Juliana’s home page.

Mortgage Approval: Call Joel Arndt

Before you start touring houses, the first and most crucial step is getting your financing sorted out. Working with a mortgage agent makes the complex process feel simple and smooth.

I specialize in creating a simple, low-stress process for all my clients, especially first-time buyers and those with unique situations.

If you are a business owner or a self-employed professional, I have expert experience in finding ways to qualify you for a great mortgage. The business owners I work with appreciate my depth of knowledge and resourcefulness.

Ready to get started?

• Use our mortgage calculator to estimate your payments and find a comfortable budget.
• Book a simple 30-minute chat to start your pre-approval now.
• Learn more about our dedication on our home page.

Conclusion: Your Next Steps in the North Bay Market

The North Bay real estate market this winter gives buyers the advantage. You have lower prices and far more houses to choose from. This is a real opportunity to secure your perfect home without the stress of a bidding war.

Do not try to navigate this market alone.

Book a call right now and let’s find out how much you can go shopping for.