Home Prices in Lakefield
In 2025, Lakefield’s housing landscape reflects a small-town market where supply shifts and property characteristics meaningfully influence home prices. Buyers comparing Lakefield Real Estate often weigh in-town houses against rural and waterfront-adjacent options, considering lot size, renovation quality, and outdoor amenities alongside proximity to schools, shops, and recreation.
Without focusing on short-term swings, informed participants watch the balance between new and active listings, the mix of detached homes versus lower-maintenance properties, and signals from days on market. Pricing precision for Lakefield Homes For Sale is often guided by recent comparable sales, condition and curb appeal, and whether a home competes in a popular micro-area or a quieter pocket where turnover is limited.
Find Real Estate & MLS® Listings in Lakefield
Explore Lakefield real estate with 2 active listings, including 1 house, 0 condos, and 0 townhouses. Current coverage spans 0 neighbourhoods. Listing data is refreshed regularly.
Use search filters to focus on the essentials: set a price range, select beds and baths, and refine by lot size, parking, and outdoor space. Review photos and floor plans for layout, natural light, and storage, then compare recent activity and property notes to build a shortlist that aligns with your move-in timeline and renovation appetite when looking at Lakefield Real Estate Listings or deciding to buy a house in Lakefield.
Neighbourhoods & amenities
Lakefield offers a blend of established in-town streets near local shops and services, tranquil areas close to parks and trails, and properties positioned for quick access to commuting routes. Proximity to schools can support family-oriented demand, while closeness to waterfront and greenspace shapes value for those prioritizing recreation and scenic surroundings. Buyers also weigh noise and traffic patterns, lot privacy, and walkability to dining or community facilities. These location factors, together with condition and architectural style, help determine how a home competes within its immediate micro-area and across Lakefield neighborhoods.
Rentals snapshot: 0 total rentals are currently available, with 0 houses and 0 apartments.
Lakefield City Guide
Nestled along the Trent-Severn Waterway just north of Peterborough, Lakefield, Ontario blends heritage village charm with easy access to lakes, trails, and cottage-country leisure. This compact community rewards slow wandering downtown, spontaneous detours to the locks, and scenic loops on foot or bike. Use this guide to get a feel for history, work and business rhythms, local areas, transportation options, and what each season brings if you're considering living in Lakefield or searching Lakefield Real Estate.
History & Background
Lakefield grew where water meets trade. Long before mills and canals, the Otonabee River and the chain of Kawartha lakes formed part of Indigenous travel and trading routes; these waterways still define the landscape and daily life today. European settlement accelerated in the 19th century as rivers powered sawmills and gristmills, drawing workers and merchants to a compact centre that remains the heart of the village. The completion and improvement of the Trent-Severn Waterway turned Lakefield into a vital stop for boaters and shipping, with the lock here continuing to be a focal point for summer activity.
Education and the written word are woven into the town's story. Lakefield College School, a respected independent boarding and day school, has welcomed students from across Canada and abroad for generations. The region has also inspired writers and naturalists, and you'll feel that literary thread in local festivals and trails that interpret the area's flora, fauna, and settlement past. Around the region you'll also find towns like Smith-Ennismore that share historical ties and amenities.
Modern Lakefield is part of Selwyn Township, which connects a constellation of lakeside hamlets, farms, and forests. While the village core is compact, its reach stretches along the shoreline of Katchewanooka Lake and the Otonabee River, with cottages and year-round homes tucked among pines and rocky outcrops. In summer, the locks hum with visitors; in winter, the pace softens and community events move indoors to arenas, libraries, and halls.
Economy & Employment
Lakefield's economy is a balanced mix of local services and the wider pull of the Peterborough area. Within the village you'll find retail, food and beverage, trades, and personal services that support residents and seasonal visitors. Hospitality rises with the boating season: marinas, outfitters, accommodations, and waterfront dining see steady traffic as the locks welcome cruisers, paddlers, and anglers.
Education, construction, and health-related services round out local employment, with many people commuting a short distance to Peterborough for roles in healthcare, public administration, advanced manufacturing, and post-secondary institutions. Small-scale agriculture and specialty producers in the township supply markets and restaurants, while creative entrepreneurship—boutiques, home-based studios, and professional services—adds texture to the main street economy.
Remote and hybrid work have expanded options for residents who want rural scenery without sacrificing professional opportunities. Reliable road connections and regional internet infrastructure make it feasible to split time between an in-town workspace and home offices overlooking the water or forested lots, which is an appealing factor when considering Lakefield Homes For Sale.
Neighbourhoods & Lifestyle
Lakefield's character shifts gently as you move from the historic centre to the waterfront edges. The downtown core features handsome brick storefronts, bakeries and cafés, and essential services clustered within walking distance. Nearby residential streets showcase century homes shaded by mature trees, front porches facing quiet lanes, and a compact grid that makes errands convenient. On the outskirts, newer subdivisions offer family-friendly cul-de-sacs, parks, and easy drives to schools and sports facilities, while rural roads quickly give way to hobby farms and forest lots.
Waterfront areas along Katchewanooka Lake and the Otonabee River include a mix of seasonal cottages and year-round houses, with docks that become living rooms in warm weather. Boardwalks, small beaches, and picnic spots dot the shoreline, and the village trail network links neighbourhood streets to the lock station, marinas, and conservation areas. The Lakefield Trail loops through meadows and marsh, and the boardwalks at the Lakefield Marsh Conservation Area are ideal for birding and sunrise walks. Neighbourhood-hopping is easy with nearby communities like Smith-Ennismore-Lakefield and Selwyn.
Community life is busy in all the right ways. Weekly farmers' markets run spring through fall, showcasing local produce, preserves, and crafts. A summertime jazz, art, and craft festival brings live music and vendor tents to the park by the water. Winter calendars fill with arena tournaments, craft workshops, festive parades, and township-wide celebrations on the ice. Families appreciate accessible playgrounds and sports fields, while retirees embrace the ease of walking to the library, post office, and cafés. Dining skews cozy and casual, from dockside patios to breakfast spots; you'll find a satisfying range of comfort food, fresh-baked treats, and locally roasted coffee.
For those weighing living in Lakefield, daily rhythms feel unhurried but connected. You can kayak before work, pick up groceries downtown, and be at a theatre performance or university lecture in Peterborough the same evening. The blend of village-scale services, outdoor recreation, and short-hop access to a larger city appeals to families, professionals, and downsizers alike — useful context when searching Ontario Real Estate Lakefield or comparing Lakefield Real Estate Listings.
Getting Around
Driving is straightforward: county roads thread through the village and link quickly to regional routes toward Peterborough, the Kawartha Highlands, and cottage country. Expect a drive of roughly 15 to 20 minutes into Peterborough under normal conditions, with ample free parking on Lakefield's main streets and by the lock station. Cyclists can take advantage of scenic, low-traffic roads and multi-use paths that connect to the Rotary Greenway Trail, offering a largely separated route between Lakefield and the city. Boaters moving through the Trent-Severn will find easy tie-ups and short walks to shops for provisions.
Local and regional transit options continue to evolve, with rural bus links and commuter services operating on select routes and hours, often connecting through Trent University to reach Peterborough's broader network. Taxis and rideshare availability can be limited at peak cottage times, so planning ahead is wise for early-morning appointments or late-night returns. For broader commuting and day trips, consider close-by hubs such as Young's Point and Douro-Dummer.
On foot, most errands are pleasantly walkable within the core, and crosswalks and traffic-calming keep things comfortable for families and older adults. In winter, snow clearing is generally prompt on main roads and priority sidewalks, but rural byways can be slick after storms—winter tires and a little extra time go a long way.
Climate & Seasons
Lakefield enjoys four distinct seasons shaped by its lakes and forests. Spring arrives with rushing water and returning songbirds; trails can be muddy early on, but mild days and cool nights make for perfect sap runs at local sugar bushes and quiet paddles on calm mornings. As trees leaf out, gardens wake up and market stalls fill with greens and early berries.
Summer is the village's lively season. Daytime highs often land in the low to mid-20s Celsius, moderated by lake breezes. Boating and paddling dominate the water, anglers cast for bass and muskellunge, and parks host outdoor concerts and family picnics. The lock station becomes a gathering place where you can watch boats rise and fall and chat with crews from across the country. Evenings bring golden-hour walks on the trail and dockside sunsets.
Autumn turns the region into a tapestry of red and gold. Crisp air and clear skies make ideal conditions for cycling quiet backroads, hiking conservation areas, and visiting farm stands for apples and squash. Many residents consider fall the best time for long paddles—fewer boats, calm water, and reflections of blazing maples along the shore.
Winter is cold and snowy enough for the classic Canadian lineup: outdoor rinks, snowshoeing in the woods, cross-country skiing on local trails, and sledding at neighborhood hills. Lakes typically freeze, but conditions vary, so check local advisories before venturing onto the ice. Bright, sunny days after a snowfall are perfect for a walk along the river, where open water and ice shelves create striking views. With proper layers and a thermos, you'll find the season as welcoming as any other.
Market Trends
Lakefield's housing market is small and currently shows a median detached sale price of $689K, reflecting typical pricing for standalone homes in the area.
A "median sale price" is the midpoint of all properties sold during a reporting period - half of the sales were higher and half were lower. The median helps describe typical pricing in Lakefield without being skewed by unusually large or small transactions.
Current availability is limited: there is 1 detached listing on the market in Lakefield.
For a fuller picture of Lakefield Market Trends and Lakefield Real Estate Listings, review recent local sales and neighbourhood trends and speak with a knowledgeable local agent who can interpret how those factors apply to your situation.
Browse detached homes, townhouses and condos on Lakefield's MLS® board; saved searches and listing alerts can help surface new listings as they appear.
Nearby Cities
Home buyers looking in Lakefield often explore nearby communities for different housing styles and local character; consider Norwood, Asphodel-Norwood, Havelock-Belmont-Methuen, Havelock-Belmont-Methuen Twp and Somerville Twp.
Visit each community to get a sense of neighbourhoods, schools and amenities, and consult a local agent to compare options around Lakefield.
Demographics
Lakefield typically attracts a mix of households — young families looking for a community-oriented small-town setting, retirees seeking a quieter lifestyle, and professionals who value a balance between local amenities and access to larger centres. The community feel leans toward a village core with active local organizations and seasonal recreational activity tied to the lake and surrounding countryside.
Housing in and around Lakefield tends to be varied, with detached homes and traditional cottages alongside some low-rise condo and rental options; waterfront properties and older heritage homes are also part of the local stock. Overall the area offers a more rural-to-small-town atmosphere rather than an urban one, with opportunities for outdoor recreation, walkable village services, and a slower pace of life compared with nearby cities — important considerations for anyone looking to Buy a House in Lakefield or browse Ontario Real Estate Lakefield.