705-691-1805
Real Estate Company
Compare each price range by area and by the features that actually came with the house—not just one city-wide median.
The market-wide median closed price was $501,000. That is only a starting point. The same money buys a different mix of bedrooms, bathrooms, garage, basement finish and location across Greater Sudbury.
When someone tells me their budget, I do not start with the city-wide median. I look at how many choices exist in that lane, which features came with those sales and where the repeat activity happened. That gives us a much more honest search.
61 sales · $235K median · 16 median days
Only 26% had at least three bedrooms and two bathroom spaces. Garage appeared in 34%, and finished or part-finished basement space in 41%. This is usually an ownership-first search: size, condition, location or immediate work will often be the trade.
166 sales · $360K median · 14 median days
Family layout appeared in 56% of sales and finished lower-level space in 62%, but garage appeared in 39%. Bedrooms become more realistic here. The complete wish list does not.
260 sales · $446K median · 11 median days
Family layout appeared in 78%, finished lower-level space in 80%, and garage in 51%. This is the first band where garage and non-garage sales were close to evenly split. Buyers still have to decide whether location, finish or utility wins.
335 sales · $570K median · 12 median days
This was the largest closed band. Family layout appeared in 92%, garage in 78%, and finished lower-level space in 90%. At this point, those features become comparison points rather than rare wins.
139 sales · $788K median · 16 median days
Family layout appeared in 96% and garage in 94%. Buyers in this range can reasonably expect more utility, but land, waterfront, condition and finish still explain why two homes with similar room counts may not be comparable.
34 sales · $1.20M median · 20 median days
Garage and family layout each appeared in 97%; half the sales were waterfront. That does not make every million-dollar property alike. With only 34 sales, the actual setting, improvements and replacement costs matter more than the band label.
The last three columns show the share of sales in that price range that included the listed feature.
| Price range | Active now | Closed sales | Median sold | Median DOM | Family layout | Garage | Finished basement |
|---|---|---|---|---|---|---|---|
| Under $300K | 18 | 61 | $235K | 16 days | 26% | 34% | 41% |
| $300K–$400K | 30 | 166 | $360K | 14 days | 56% | 39% | 62% |
| $400K–$500K | 68 | 260 | $446K | 11 days | 78% | 51% | 80% |
| $500K–$700K | 92 | 335 | $570K | 12 days | 92% | 78% | 90% |
| $700K–$1M | 61 | 139 | $788K | 16 days | 96% | 94% | 83% |
| $1M+ | 37 | 34 | $1,200K | 20 days | 97% | 97% | 74% |
Family layout = 3+ total bedrooms and 2+ bathroom spaces. Finished basement includes finished and part-finished MLS® basement-development fields.
Use the counts to see whether a price range is common in an area or only an occasional result.
| Area | Median sold | Under $400K | $400K–$500K | $500K–$700K | $700K+ | Active now |
|---|---|---|---|---|---|---|
| New Sudbury | $528K146 sales | 12 | 44 | 72 | 18 | 40median ask $579K |
| Minnow Lake | $483K81 sales | 24 | 21 | 22 | 14 | 16median ask $514K |
| South End, Lo-Ellen & Lockerby | $655K125 sales | 1 | 14 | 59 | 51 | 59median ask $800K |
| Hospital Area | $433K40 sales | 17 | 8 | 13 | 2 | 12median ask $652K |
| West End & Gatchell | $398K39 sales | 21 | 16 | 2 | 0 | 7median ask $500K |
| Flour Mill & Donovan | $308K40 sales | 34 | 5 | 1 | 0 | 14median ask $417K |
| Downtown & City Centre | $391K13 sales | 7 | 5 | 1 | 0 | 3median ask $450K |
| Valley East | $530K164 sales | 20 | 42 | 69 | 33 | 42median ask $550K |
| Chelmsford & Azilda | $522K107 sales | 17 | 27 | 39 | 24 | 31median ask $550K |
| Walden | $512K82 sales | 15 | 22 | 27 | 18 | 22median ask $625K |
| Garson, Falconbridge & Skead | $475K51 sales | 13 | 15 | 12 | 11 | 23median ask $525K |
| Coniston & Wahnapitae | $450K33 sales | 11 | 14 | 7 | 1 | 10median ask $437K |
| Capreol | $410K29 sales | 12 | 9 | 7 | 1 | 11median ask $500K |
| Onaping, Levack, Dowling & Northwest | $330K34 sales | 22 | 9 | 3 | 0 | 12median ask $410K |
| Copper Cliff | $415K11 sales | 1 | 9 | 1 | 0 | 4median ask $462K |
This band produced 335 sales and 92 current-active houses. Family layout appeared in 92% of sales, garage in 78% and finished or part-finished basement in 90%.
Flour Mill & Donovan recorded a $307,500 median across 40 sales. Onaping, Levack, Dowling & Northwest recorded $329,950 across 34 sales.
Houses at $700,000 or more make up 98 of 306 current-active listings, compared with 173 of 995 closed sales. That is a difference in the property mix—not proof of a market direction.
Valley East produced 164 sales, New Sudbury 146, South End, Lo-Ellen & Lockerby 125, and Chelmsford & Azilda 107.
Most buyers can hold two of those three firmly. If budget and area are fixed, the house may need work or fewer features. If the house and budget are fixed, the search area usually needs to widen. If the area and house are fixed, the budget may need to move.
Being inside an affordable price range does not excuse condition or a weak launch price. Buyers under $500,000 are often comparing the mortgage payment with repairs, insurance, utilities and the work required after closing. A house can attract attention and still lose the buyer if the total cost does not make sense.