North Bay Real Estate Report: October 2025

Your Guide to Houses for Sale & Current Prices

TL;DR:

The North Bay real estate market is settling into a more balanced pace.
The average price in North Bay is $419,322 with homes selling faster than the wider Nipissing District.
Homes under $500,000 are still moving quickly, but the market above that price point has slowed.
Learn how much income is needed to buy in North Bay and connect with a local expert.

When you hear news about the housing market, they often talk about the whole region. Here is a quick snapshot of the entire Nipissing District, which includes North Bay and some surrounding towns.

It is important to know that these numbers do not include all nearby communities. Places like Powassan, Trout Creek, or Sundridge are in the Parry Sound district, so their sales are not included in the Nipissing District data.

The average home price for the whole district is $398,244. A total of 109 properties were sold in the last market period.

What does that mean for you mortgage qualification? How much income do you need to qualify for a home in each area? We’ll crunch the mortgage numbers for you in this article too.

Here are the overall district numbers:

Nipissing District
Average price:	$398,244
# of Transactions:	109
Median sale price / list price:	98%
Average Days on Market:	38
Total dollar volume:	$43,408,568

City & Rural Market Stats

The real estate market acts differently depending on where you look. North Bay real estate moves faster than homes in the nearby towns. This is what you need to know about the area you want to buy in.

North Bay: Real Estate Indicators

North Bay is the center of the region’s sales. The market is still moving quickly, which means if you see a home you love, you need to be ready to act.

North Bay
Average price:	$419,322
# of Transactions:	60
New listings:	92
DOM:	27

With 92 new houses for sale, there are many houses for sale in North Bay, giving buyers more options than before. DOM is the average “Days on Market.” That means, on average, it took 27 days for a house to sell in North Bay. Although, this can be drastically lower for houses that are in demand, closer to 7-10 days on market.

East Ferris and Callander Comparison

If you are looking for a bigger property or a quieter setting, East Ferris and Callander are popular choices. However, they have higher average prices and homes tend to sit on the market longer.

	Avg price	Transactions	New Listings	DOM
East Ferris	$494,289	5	9	29
Callander	$521,800	5	9	42

The main takeaway here is that you often pay more for the space and quiet in these areas, and the buying process is slower. This gives you time to do your due diligence and ask for a home condition, which is a big benefit for buyers right now.

Local Expertise: Juliana Driscoll’s Market Insights

Finding the right property means having a local expert on your side. We are proud to partner with Juliana Driscoll, a top REALTOR® who lives and works in the North Bay real estate market.

Juliana Driscoll: Your Local REALTOR®

Juliana Driscoll is a dedicated REALTOR® with Century 21 Blue Sky Region Realty Inc., Brokerage, in Callander, Ontario. She shares some insights about the market in October.

“Based on what I’m seeing firsthand, today’s buyers are prioritizing well-rounded homes — properties that are move-in ready and don’t come with a list of big-ticket projects. The days of frantic, over-list offers have slowed down; buyers are taking their time, doing their homework, and choosing carefully.

Homes under $500,000 are still moving well, particularly when they’re priced realistically. These tend to draw 0–3 competing offers, a manageable range that reflects a more balanced market. On the other hand, listings priced above $500,000 — or those under $500,000 but overpriced for their condition — are taking longer to sell. A buyer house sale condition is not uncommon in the upper price range right now.

Even with interest rates easing, we’re clearly feeling the ripple of a market slowdown, especially in the upper price points. For sellers, that means pricing strategically and presenting a property in its best light is more important than ever.”

Call Juliana if you’re looking for houses for sale.
Direct: (705) 493-9093
Office: (705) 474-4500
Website: www.julianadriscoll.ca

Can You Afford North Bay Real Estate

The most common question we get is, “How much money do I need to make to buy this house?”

That’s a loaded question. And one that you’ll need to talk to us about specifically so we can take a look at your unique situation. The “Income Required” below does not reflect any individual’s actual ability to qualify for a mortgage. These numbers are used for illustration purposes.

Let’s make some assumptions:

Estimating property taxes at 1% of the purchase price (0.75% for East Ferris).
This assumes you have no personal debt.
Interest rate: 3.99% (Not guaranteed, used only as an example)
Amortization: 25 years

Annual Income required
North Bay	$95,882
East Ferris	$109,306
Callander	$118,339

Use our simple Mortgage Calculator to crunch the numbers yourself and plan your budget.

If your income looks different because you are a business owner or self-employed, don’t worry. Our expertise lies in helping people with unique financial situations, like business owners, qualify for mortgages when others can’t. We are committed to persistence and resourcefulness to get the job done.

Partner with the Experts for Your North Bay Home Search

Buying a home should be simple and low-stress. To find the right home, you need two things:

The right REALTOR®: Contact Juliana Driscoll for her local knowledge and guidance on finding the perfect property.
The right Mortgage Agent: Work with us to secure your financing. We commit to exceptional communication and quick responses, which our clients always praise.

We are committed to making sure you understand what is going on at all times. Let us guide you through the process smoothly.

Ready to talk about your financing? Book a simple, low-stress chat with me today.