Oakwyn Realty Ltd.

Executive Summary

The Neebing, Ontario real estate market is currently classified as a seller's market. The median asking price is $124K, up 4.7% over the past 30 days.

There are currently 7 active listings. Inventory has increased 75.0% compared to last month.

Currently, listings spend an average of 34 days on market.

Detached properties make up the largest share of the Neebing market at 100% of active listings with an average price of $875K.

Sales Activity & Absorption

Volume

7
Active
34
Avg DOM
3
New (30d)
1
New (7d)

Market Signals

0
Price Cuts (30d)
1
New (7d)
0
Price Cuts
1
New (7d)

3 new listings appeared in the past month.

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $124K, 20% down, 25yr amortization
$577/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a seller's market with strong demand and limited inventory. The Neebing market currently has 7 active listings with a median price of $124K.

  • Prices rising (4.7% in 30 days)
  • Low price reduction rate (0% of listings)

For Buyers

Competition is strong in Neebing. Get pre-approved, work with a local agent, and be prepared to move quickly on properties you like. Consider expanding your search criteria. There were 1 new listings in the past week.

For Sellers

Conditions favor sellers in Neebing. Price confidently based on recent comparables, and consider professional staging to maximize offers. Multiple-offer scenarios are common.

Search Neebing

Browse all 7 active listings.

View All Listings

Resources

Market data is calculated from active and recently sold MLS listings as of March 1, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.