Sarnia Real Estate Market Report
Executive Summary
Dan BraunLocal expert · SarniaThe Sarnia, Ontario real estate market is currently classified as a balanced market. The median asking price is $450K.
There are currently 179 active listings, representing 3.8 months of inventory. Inventory has increased 68.9% compared to last month.
Currently, listings spend an average of 54 days on market and the average price per square foot is $421.
Detached properties make up the largest share of the Sarnia market at 94% of active listings with an average price of $1.1M. Condo listings follow at 6% (avg $378K).
Sales Activity & Absorption
Volume
Market Signals
Sarnia-Lambton Real Estate Board reported 170 sales this period, 73 new listings appeared in the past month.
Sarnia-Lambton Real Estate Board Monthly Report
The number of homes sold through the MLS® System of the Sarnia-Lambton Association of REALTORS® totaled 170 units in June 2026. This was up by 4.9% (eight sales) from June 2025.
Home sales were 4.4% above the five-year average and 4% below the 10-year average for the month of June.
On a year-to-date basis, home sales totaled 739 units over the first six months of the year. This was a decrease of 9% from the same period in 2025.
“June brought welcome signs of life to our local housing markets. Sales increased for the fourth consecutive month and were up year over year for the first time since fall of 2025, returning to levels we would typically see at this time of year. Buyers are also seeing more choice, with the number of newly listed homes above the historical norm in June,” said Jeremy Guerette, President of the Sarnia-Lambton Association of REALTORS®. “With sales up and listings nearly flat compared to last year, market conditions moved closer to balanced but remained tilted in favour of buyers. Pricing remains uneven, with the MLS® HPI Composite Benchmark Price easing both from last month and from last June, partly due to weakness in the one-storey home category. In related news, the Ontario government awarded Sarnia $400,000 through the Building Faster Fund for exceeding its housing targets for the third consecutive year.”
The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite/single-family benchmark price was $491,000 in June 2026, down modestly by 3.9% compared to June 2025.
The average price of homes sold in June 2026 was $548,756, a moderate decrease of 4.3% from June 2025.
The more comprehensive year-to-date average price was $523,827, decreasing by 2.7% from the first six months of 2025.
The dollar value of all home sales in June 2026 was $93.3 million, up only 0.4% from the same month in 2025.
The number of new listings was nearly unchanged, up only 0.6% (two listings) from June 2025. There were 350 new residential listings in June 2026. This was also the largest number of new listings added in the month of June in history.
New listings were 9.8% above the five-year average and 24.8% above the 10-year average for the month of June.
Active residential listings numbered 649 units on the market at the end of June, essentially unchanged, up just 0.3% (two listings) from the end of June 2025. Active listings haven’t been this high in the month of June in more than a decade.
Active listings were 25.2% above the five-year average and 68.2% above the 10-year average for the month of June.
Months of inventory numbered 3.8 at the end of June 2026, down from the 4 months recorded at the end of June 2025 and above the long-run average of 2.3 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
Source: Sarnia-Lambton Real Estate Board, June 2026
Market Balance
Months of Inventory
Demand moderately exceeds supply — conditions favor sellers.
High absorption relative to inventory — tight market.
With only 3.8 months of inventory, the market is supply-constrained. Buyers should be prepared for competition, and sellers can expect strong interest.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Mitton Village | 27 | $567K |
| Sarnia | 18 | $702K |
| College Park | 14 | $413K |
| Lucasville | 10 | $8.4M |
| Coronation Park | 7 | $447K |
| Blackwell | 5 | $951K |
| Wiltshire Park | 5 | $626K |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
The market is relatively balanced between buyers and sellers. The Sarnia market currently has 179 active listings with a median price of $450K and 3.8 months of inventory.
- Low price reduction rate (0% of listings)
- Low sell-through rate (49%)
- Slow-moving market (54 avg days on market)
- Average price per square foot is $421
Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.
Monthly Reports Archive
Market data is calculated from active and recently sold MLS® listings as of July 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.