Pinewood, North Bay - June 2026 Real Estate Report

Pinewood, North Bay: Your House Is Worth More Than the City Thinks

The Vibe Right Now

If you live on a quiet street in Pinewood and you have been wondering whether your place has kept up with the rest of North Bay - the answer is yes, at least on the house side. The condo story is a bit different. Let us break it down.

Houses: Steady and Affordable

The average HonestDoor Price for a house in Pinewood sits at $480,508, up 2.78% from the previous period. The predicted market value is $467,522, and that number is climbing - it is up from a 3-month moving average of $459,334. The last recorded sale came in at $460,000, which lines up tightly with those estimates. That kind of consistency tells us the market here is not wild or speculative. It is just quietly doing its thing.

• Average HonestDoor Price: $480,508 (up 2.78%)
• Predicted market value: $467,522
• Average sale price: $460,000
• Price per square foot: $184
• Estimated monthly rent: $2,377
• Rental yield: 5.70% - that is a strong return
• Airbnb estimate: $121 per night
• Growth rank: 7 out of 10 in North Bay
• Price rank: 2 out of 2 - among the most affordable in the city

That 5.70% rental yield is the number landlords should be circling. It means if you own a house in Pinewood and rent it out, your money is actually working. Compare that to Downtown North Bay where prices average $671,063 - the yield math gets a lot harder to justify over there.

Condos: Take a Breath Before You Celebrate

The HonestDoor Price for condos jumped 18.28% to $523,375 - and yes, that headline number looks exciting. But here is the honest part: the predicted market value is $442,503, which is actually down from a 3-month moving average of $509,650. Values have shifted -8.19% recently, and on the North Bay neighbourhood growth leaderboard, Pinewood condos rank 10 out of 10. That is last place.

• Average HonestDoor Price: $523,375 (up 18.28%)
• Predicted market value: $442,503
• 3-month moving average: $509,650 (trending down)
• Recent value change: -8.19%
• Estimated monthly rent: $2,192
• Rental yield: 3.93% - moderate
• Airbnb estimate: $126 per night - ranked 2nd in North Bay
• Growth rank: 10 out of 10 in North Bay

The Airbnb rank of 2nd in North Bay is genuinely interesting for condo owners. If you are not renting short-term, you might be leaving money on the table. But if you are thinking about selling, the trend line right now is not your friend. The market is taking a breather on the condo side.

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here is why this matters right now. The city's property assessment is a snapshot frozen in time - often years old. It does not know what happened on your street last month. The HonestDoor Price is updated in real time using actual sales data, market shifts, and neighbourhood comparisons. For Pinewood house owners, the HonestDoor Price of $480,508 is running ahead of the last sale price of $460,000. That gap is your real-world equity that a static government assessment simply will not show you.

If your tax assessment is still anchored to older numbers, you could be making decisions - about refinancing, selling, or even insuring your home - based on a figure that no longer reflects reality. Check your HonestDoor Price first. It is the number that actually moves with the market.

So What Does This Mean If You Are Thinking About Selling This Summer?

For house owners in Pinewood, the timing is reasonable. Prices are stable, the HonestDoor Price is nudging upward, and at $184 per square foot you are still one of the more affordable options in North Bay - which means buyers looking to stretch their budget will find you. You are not competing with Downtown's $671,063 average. You are the sensible choice, and sensible choices sell.

For condo owners, summer 2025 requires a sharper eye. The recent -8.19% value shift and a last-place growth ranking suggest the window for peak pricing may have already passed. That does not mean do not sell - it means price it right from day one. An overpriced condo in a softening segment sits. A well-priced one moves.

Either way, pull your HonestDoor Price before you call an agent. Walk into that conversation knowing your number, not guessing at it.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.