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Bruce Mines, ON

Updated: Aug 2016
House
Median price $177,450
Monthly growth -1.36 %
Quarterly trend
Stock on market 10.53%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Bruce Mines Home Price

With a median listing price of $177,450, Bruce Mines is Canada’s 3349th most expensive when ordered by median listing price.

With Bruce Mines’s median house price at $177,450 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Ontario.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

Across Ontario Bruce Mines has the 258th most properties on offer with 1145.

Can we guarantee how well Bruce Mines is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Bruce Mines there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Will prices rise across the next year in in Bruce Mines? There are a number of real estate indicators to consider.

Over the last three months in Bruce Mines, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
2 bedrooms $127,400
3 bedrooms $202,450
4 bedrooms $314,450
Demographics
  • Population in 2011566
  • Population in 2006584
  • 2006 to 2011 population change (%)-3.1
  • Total private dwellings285
  • Private dwellings occupied by usual residents253
  • Population density per square kilometre92.3
  • Land area (square km)6.13