The average residential sale price in Sudbury has increased by 5.7 per cent year-over-year across all property types in 2025, from $480,285 to $507,476. The number of sales transactions increased by two per cent for the same time period (from 2,139 to 2,181). The total number of listings increased by 1.8 per cent (from 3,305 in 2024 to 3,365 in 2025). Average residential sale prices will rise by five per cent going into 2026, compared to 2025. Sales are anticipated to rise by two per cent going into 2026, compared to 2025.
Trends in the Sudbury Housing Market
Looking ahead to 2026, Sudbury is expected to remain a seller's market. Strong demand from first-time buyers, driven by high rental costs and low vacancy rates, combined with continued interest from investors seeking cash-flow positive properties, is keeping competition high. Limited housing inventory and municipal regulations further constrain supply, reinforcing favourable conditions for sellers despite potential fluctuations in interest rates.
The top three neighbourhoods anticipated to be the most desirable in the region in 2026 are South End, New Sudbury and Minnow Lake due to a combination of accessibility, amenities, and lifestyle appeal. South End offers convenient access to major transit routes, shopping and schools, making it particularly attractive to families and first-time buyers.
New Sudbury is experiencing steady development and investment, with newer housing options and proximity to key services drawing both homeowners and investors. Minnow Lake stands out for its recreational opportunities and community atmosphere, appealing to buyers seeking a balance of convenience and quality of life. Together, these neighbourhoods are expected to see strong demand as buyers prioritize location, amenities, and long-term value for buyers.
Single-detached homes are expected to see the strongest demand and sales activity in the region in 2026. Move-up and move-over buyers are seeking larger homes with more space, while retirees downsizing still prioritize privacy and single-level living with outdoor areas. These properties also appeal to investors and families looking for long-term stability and lifestyle flexibility.
Looking ahead to 2026, new Canadians are primarily purchasing properties priced under $500,000, while move-up and move-over buyers are seeking larger homes valued up to $850,000. Retirees are downsizing to single-level living, with budgets reaching up to $1 million. In terms of new home construction, semi-detached homes, single detached houses, and multi-unit buildings are leading development activity in the region. New projects are continuing to move forward, supported by the new mayor's efforts to streamline the building and permitting process, which is helping accelerate supply.
Several trends are pointing toward a potential rebound in Sudbury market in 2026. The easing of interest rates is expected to make borrowing more accessible for buyers and stimulate renewed activity in the market. Combined with growing demand, conditions are set to become more favourable for buyers and investors in the coming year.
Rental activity plays a critical role in buyer behaviour in the region. While prices remain high, vacancy rates are exceptionally low, exerting additional pressure for first-time buyers to enter the housing market. For many, the cost of continuing to rent exceeds what they might pay toward a mortgage, incentivizing the decision to purchase. Similarly, these conditions are attracting real estate investors, particularly in northern areas where properties remain cashflow positive, even after expenses.
Looking ahead, 2026 is anticipated to be a strategic year for buyers in the region, though some challenges may persist. Price volatility coupled with limited inventory are expected to continue in certain segments, but declining interest rates should support affordability and help sellers and buyers. Even if interest rates were to rise steadily in the future, the region is likely to remain a seller's market through at the least the first half of 2026.
Policy measures, such as the HST reduction for new home construction, are also expected to have a positive effect, encouraging development and supporting supply growth. Technology continues to influence the homebuying experience in Sudbury. Online listing platforms, virtual tours, social media and even AI-driven tools are enabling buyers to research properties more efficiently, evaluate neighbourhoods and home features, streamlining the search process and supporting buyers in navigating the competitive and fast-moving market.
