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The Greater Sudbury real estate market — Aug 2026
- Reference price (Aug 2026)
- $499,500 (+1%)
- Average price
- $496,588 (+3.6%)
- Market conditions
- Seller's market · 3.4 months
- Sales (Aug 2026)
- 238 transactions (-8.1%)
Greater Sudbury is northern Ontario's largest city and the mining capital of Canada, built on one of the richest nickel and copper deposits on earth and now home to a research and health-sciences sector that has broadened the old resource economy.
In August 2026, the MLS® benchmark price in Greater Sudbury stood at $499,500, up 1% year over year. The average price, all property types combined, was $496,588 (+3.6% year over year). There were 238 sales during the month, 8.1% fewer than a year earlier. With 3.4 months of inventory, it is a seller's market by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Source: Sudbury Real Estate Board / CREA, August 2026.
Greater Sudbury's housing stock is relatively uniform and its high end is thin: there are few enough luxury sales that the average price tends to sit close to the benchmark, and at times even below it — the reverse of most Canadian markets. For a buyer, it means the headline number and the realistic budget are close together, which is not true in Toronto or Kingston.
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Frequently asked questions
How much does a house cost in Sudbury in 2026?
In August 2026, the MLS® benchmark price in Greater Sudbury stood at $499,500, up 1% year over year. The average price, all property types combined, was $496,588 (+3.6% year over year). Source: Sudbury Real Estate Board / CREA, August 2026.
Why are the average price and the benchmark so close in Sudbury?
Because the local housing stock is relatively uniform and the luxury segment is thin. In most cities a handful of expensive sales pulls the average well above the benchmark; in Greater Sudbury there are few enough of them that the two stay close, and the average can even dip below the benchmark. Practically, it means the headline figure is close to what a typical buyer actually pays.
Is the Sudbury market heating up?
In August 2026, there were 238 sales in Greater Sudbury, 8.1% fewer than a year earlier. Source: Sudbury Real Estate Board / CREA, August 2026.
Is Sudbury a buyer's or seller's market?
With 3.4 months of inventory, it is a seller's market by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Source: Sudbury Real Estate Board / CREA, August 2026.
How does Sudbury compare with southern Ontario?
It is substantially cheaper than southern Ontario markets such as Hamilton. The trade-off is a smaller, more resource-linked economy, though mining, health sciences and research have diversified it considerably.
Source : Sudbury Real Estate Board / CREA · Grand Sudbury · 2026-08 — figures updated with each board release.
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