Homes in Renfrew County are getting more expensive fast. The average house price jumped 21.2% compared to last year, reaching $505,735 in February 2026, according to the Renfrew County Real Estate Board. That means a home that sold for roughly $417,000 a year ago would now go for over half a million dollars.
The price surge happened even though fewer homes actually sold. A total of 67 homes changed hands in February, down from 69 the year before – a drop of just two sales. However, the total value of all sales still climbed to $33.9 million, up nearly 18% from the previous year, because each home sold for significantly more.
Buyers also have fewer homes to choose from. Only 127 new listings came onto the market in February, a 13.6% decline compared to the same month last year. While there were 326 homes actively listed for sale at the end of February – a slight increase from the year before – the supply is still not enough to ease price pressures.
The sharp price jump in Renfrew County stands out when compared to the broader Ontario picture. Across the province, the average home price actually fell 6.7% to $746,900, with inventory reaching its highest level for February in over a decade. Local factors like steady demand from military personnel at the Petawawa base are helping sustain the local market.
The Bank of Canada held its key interest rate steady at 2.25% on March 18, citing mixed economic signals including inflation near target but rising unemployment at 6.7%. For homeowners in Renfrew County, the rising property values mean more equity in their homes. For buyers looking to enter the market, the combination of higher prices and fewer choices creates a tougher path to homeownership.
