As of May 18, 2026, the median asking price for new freehold homes in Penetanguishene is $964,000.
Compared with the other cities and townships in Simcoe:
Higher-priced than Penetanguishene: Oro-Medonte ($1,519,950, about 57.7% higher), Bradford West Gwillimbury ($1,494,495, about 55% higher), Adjala-Tosorontio ($1,449,450, about 50.4% higher), Essa ($1,224,990, about 27.1% higher), Tiny ($1,199,500, about 24.4% higher), and Springwater ($996,995, about 3.4% higher).
Lower-priced than Penetanguishene: New Tecumseth ($908,700, about 5.7% lower), Wasaga Beach ($849,990, about 11.8% lower), Innisfil ($848,000, about 12% lower), Orillia ($826,900, about 14.2% lower), Collingwood ($808,950, about 16.1% lower), Severn ($796,400, about 17.4% lower), Clearview ($769,912, about 20.1% lower), Ramara ($758,944, about 21.3% lower), Midland ($749,900, about 22.2% lower), Barrie ($734,900, about 23.8% lower), and Tay ($279,900, about 71% lower).