As of May 18, 2026, the median asking price for luxury homes in Magnetawan is $1,290,000.
Compared with the other cities and townships in Parry Sound:
Higher-priced than Magnetawan: Seguin ($2,999,000, about 132.5% higher), Ryerson ($2,574,500, about 99.6% higher), The Archipelago ($2,572,500, about 99.4% higher), Nipissing ($2,399,000, about 86% higher), Carling ($2,299,900, about 78.3% higher), McKellar ($2,099,000, about 62.7% higher), Whitestone ($1,847,490, about 43.2% higher), Kearney ($1,839,500, about 42.6% higher), Perry ($1,549,900, about 20.1% higher), McDougall ($1,499,900, about 16.3% higher), and Callander ($1,450,000, about 12.4% higher).
Lower-priced than Magnetawan: Parry Sound Remote Area ($1,287,500, about 0.2% lower), Machar ($1,200,000, about 7% lower), Parry Sound ($1,198,000, about 7.1% lower), Burk's Falls ($1,054,500, about 18.3% lower), Strong ($1,049,450, about 18.6% lower), Sundridge ($949,000, about 26.4% lower), McMurrich/Monteith ($899,999, about 30.2% lower), Armour ($899,900, about 30.2% lower), Joly ($789,000, about 38.8% lower), Powassan ($699,900, about 45.7% lower), and South River ($699,000, about 45.8% lower).