Quick answer: In 2026, the average selling price of a home in Peterborough County (including the City of Peterborough) is approximately $708,815, while the median sold price within the City of Peterborough itself sits closer to $544,500 to $570,000. Homes are selling in an average of about 37 days, prices have been largely stable through the first half of the year, and Peterborough remains one of the most affordable mid-sized housing markets within reach of the Greater Toronto Area — well below the Ontario average of roughly $753,300.
What is the average home price in Peterborough in 2026?
There are two figures buyers should understand, because they answer slightly different questions:
-
Peterborough County average sale price: about $708,815 (June 2026), covering the City of Peterborough plus surrounding county and rural/waterfront properties.
-
City of Peterborough median sold price: approximately $544,500 to $570,000, reflecting typical in-city homes.
The county average runs higher than the city median because it includes larger rural lots, waterfront, and recreational properties that pull the average upward. For a typical home inside the city, the median is the more representative number.
| Peterborough measure (2026) | Price |
|---|---|
| Peterborough County — average sale price | $708,815 |
| City of Peterborough — median sold price | $544,500–$570,000 |
| Ontario — average sale price (June 2026) | $753,300 |
Sources: Central Lakes Association of REALTORS® (CLAR) June 2026 statistics; Wahi City of Peterborough Housing Market Report (July 2026); nesto Ontario Housing Market Outlook (June 2026).
How many homes are selling in Peterborough, and how fast?
Peterborough County recorded 216 home sales in June 2026, up 5.4% from 205 in May. A total of 548 new listings entered the market in June, and homes spent an average of 37 days on the market. The average selling price of $708,815 was down just 0.6% from May's $712,970 — essentially flat, signalling a stable, non-volatile market.
This combination — steady sales, healthy new-listing supply, and roughly five weeks on market — points to a balanced market, where neither buyers nor sellers hold a dominant advantage.
Is Peterborough affordable compared to the rest of Ontario?
Yes. Peterborough remains meaningfully more affordable than the provincial average and dramatically more affordable than the Greater Toronto Area:
| Market (June 2026) | Average sale price |
|---|---|
| City of Peterborough (median) | ~$544,500–$570,000 |
| Peterborough County (average) | $708,815 |
| Ontario (average) | $753,300 |
| Toronto (average) | $940,800 |
A City of Peterborough median under $570,000 is roughly 40% below the Toronto average of $940,800, which is a major reason the region continues to attract buyers priced out of the GTA who can commute or work remotely.
Sources: nesto Ontario and Toronto Housing Market Outlooks (June 2026); CLAR June 2026 statistics.
Is the Peterborough housing market going up or down in 2026?
Peterborough prices have been stable to slightly softening through the first half of 2026, mirroring the broader Ontario trend. The province's average price was down about 2.4% year over year in June 2026, and the benchmark price eased roughly 4.6% annually. Peterborough County's average, by contrast, moved less than 1% month over month — one of the steadier local markets in the region.
For buyers, this stability means less risk of overpaying in a frenzy. For sellers, it means correct pricing and strong presentation matter more than ever to sell within the typical 37-day window.
What can you buy in Peterborough at different price points?
| Budget tier | What you can typically expect (2026) |
|---|---|
| Under $450,000 | Condos, townhomes, smaller starter homes |
| $450,000–$600,000 | The core City of Peterborough market — detached and semi-detached homes |
| $600,000–$800,000 | Larger family homes, newer builds, desirable neighbourhoods |
| $800,000+ | Premium in-city homes, rural acreage, and waterfront within the county |
Source: SquareYards and Wahi Peterborough listing data (July 2026).
What should buyers and sellers know about Peterborough right now?
For buyers:
-
The market is balanced — you have time to make considered decisions without automatic bidding wars.
-
Distinguish between city median (~$544,500–$570,000) and county average ($708,815) so your budget matches the property type you actually want.
-
Get pre-approved; even in a stable market, well-priced homes still move within about five weeks.
For sellers:
-
Pricing to the current market — not last year's peak — is what drives a timely sale.
-
Presentation and professional marketing matter; buyers have choice with 548 new listings entering in a single month.
-
Ask for a current, property-specific comparative market analysis (CMA) rather than relying on regional averages alone.
Frequently asked questions
What is the median house price in the City of Peterborough in 2026?
The median sold price within the City of Peterborough is approximately $544,500 to $570,000 in 2026.
What is the average house price in Peterborough County?
The Peterborough County average sale price was about $708,815 in June 2026, including city, rural, and waterfront properties.
How long do homes take to sell in Peterborough?
Homes spent an average of about 37 days on the market in June 2026.
Is Peterborough cheaper than Toronto?
Yes. The City of Peterborough median (~$544,500–$570,000) is roughly 40% below the Toronto average of $940,800, making it one of the more affordable GTA-accessible markets.
Is now a good time to buy in Peterborough?
With balanced supply, stable pricing, and homes selling in about five weeks, 2026 offers buyers more choice and less pressure than peak-frenzy years — a favourable environment for considered purchases.
Get a current, property-specific valuation
Regional averages are a starting point, not a valuation. What your home is worth — or what you should offer — depends on the neighbourhood, condition, and the specific comparable sales around it. I've been helping people buy and sell across Peterborough and the Kawarthas since 1986.
Frank Rosso, Real Estate Agent — RE/MAX Hallmark Eastern Realty
ABR (Accredited Buyer's Representative) · SRS (Seller Representative Specialist)
Serving the City of Peterborough, Peterborough County, and the Kawarthas
Written by Frank Rosso, Realtor, RE/MAX Hallmark Eastern Realty — a licensed REALTOR® serving Peterborough and the Kawarthas
Market figures reflect mid-2026 data from the Central Lakes Association of REALTORS® (CLAR), Wahi, nesto, and SquareYards. Real estate values change over time and vary by property; contact me for a current, property-specific comparative market analysis (CMA).