As of May 18, 2026, the median asking price for affordable freehold homes in Magnetawan is $244,498.
Compared with the other cities and townships in Parry Sound:
Higher-priced than Magnetawan: The Archipelago ($399,900, about 63.6% higher), Carling ($315,000, about 28.8% higher), Seguin ($299,900, about 22.7% higher), and Perry ($249,900, about 2.2% higher).
Lower-priced than Magnetawan: Ryerson ($233,500, about 4.5% lower), Strong ($229,450, about 6.2% lower), Parry Sound Remote Area ($219,900, about 10.1% lower), Nipissing ($202,495, about 17.2% lower), McMurrich/Monteith ($199,900, about 18.2% lower), McKellar ($199,450, about 18.4% lower), Sundridge ($194,950, about 20.3% lower), McDougall ($182,000, about 25.6% lower), Kearney ($179,999, about 26.4% lower), Machar ($179,450, about 26.6% lower), Armour ($175,000, about 28.4% lower), Joly ($159,950, about 34.6% lower), Whitestone ($159,900, about 34.6% lower), Parry Sound ($139,000, about 43.1% lower), Callander ($132,400, about 45.8% lower), Powassan ($129,900, about 46.9% lower), South River ($117,000, about 52.1% lower), and Burk's Falls ($115,000, about 53% lower).