Photo: Andre Carrotflower · CC BY-SA 4.0Home values in Parry Sound run 48% lower than the median of Ontario’s towns
The 2021 census gives $360,000 as the median value; Ontario’s towns come to $695,000. What homes sold for in Parry Sound isn’t public: no sale figures are released in Ontario. Assessors valued the median residential property at $192,000 for 2024. Ontario’s assessments are still on MPAC’s values of 1 January 2016, far below today’s prices, so they compare only with other Ontario towns.
Two ways to price a home in Parry Sound
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. Self-assessed in May 2021, these values predate the rate rises that followed.
median, owners’ estimate
- Average
- $399K
- Owners
- 1,905
- Ontario’s towns
- $695K
- The typical Canadian town
- $406K
all residential, MPAC 2016 base
- Ontario’s towns
- $232K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
A detached house in Parry Sound is assessed 23% lower than across Ontario’s towns
The 2024 assessment roll counts 2,430 homes in Parry Sound: detached houses make 73% of them, condos 13%.
Median assessment by type, 2024 the tick is the median of Ontario’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Ontario’s towns with their own figure; assessments compare within a province only.
More apartments than most: 33% of the homes in Parry Sound (Ontario’s towns: 13%)
People lived in 3,195 homes in Parry Sound at the 2021 census. Half or more were standing by 1980.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Parry Sound | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 11% | 7% | 8% |
| Needing major repairs | 9% | 6% | 6% |
| Too small for the household | 5% | 5% | 3% |
| Households in core housing need | 8% | 9% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Parry Sound permitted 15.5 new homes a year per 1,000, close to the 15 of Ontario’s towns
Parry Sound issued permits for 289 new homes from 2018 to 2023, or about 48 a year. Very few were houses: 12% in single-unit buildings (Ontario’s towns: 66%).
A peak in 2022: 104 new homes
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Parry Sound is 48% below the $695,000 median of Ontario’s towns
871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Parry Sound’s neighbours by home value
Next to Parry Sound: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Parry Sound | $360K | $399K | 60% | |
| The Archipelago | $600K | $772K | 92% | 5.8 |
| McDougall | $500K | $632K | 92% | 12 |
| McKellar | $600K | $674K | 96% | 16.4 |
| Carling | $500K | $698K | 94% | 17.4 |
| Seguin | $552K | $747K | 90% | 18.1 |
Census 2021 values; km.
Questions about property prices in Parry Sound
Is Parry Sound expensive for Ontario?
On census values, Parry Sound sits among the cheaper of Ontario’s towns (median $695,000).
How many households in Parry Sound are in core housing need?
8% of Parry Sound’s households, near the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).