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North Bay, ON

Updated: Aug 2016
House
Median price $226,500
Monthly growth 3.00 %
Quarterly trend
Stock on market 1.43%
Apartment
Median price $195,000
Monthly growth -1.11 %
Quarterly trend
Stock on market 0.22%

North Bay Home Price

With a median listing price of $226,500, North Bay is Canada’s 2439th most expensive when ordered by median listing price.

When our research team crunched the numbers we calculated that North Bay has a median home price of $226,500.

If you’re looking at investment properties in North Bay, then you’re most likely to find homes with 3 bedrooms on sale this month.

There are 1145 neighbourhoods that have more properties on sale than North Bay at the moment in Ontario which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.

Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

In North Bay, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

North Bay, Ontario has a median house price of $195,000 when compiling all the home listings in Aug .

Investors looking for properties in North Bay are most likely to find 2 bedroom homes on offer this month, with 1 bedroom potential investment properties the second most popular.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for North Bay will hopefully provide an indicator to help you where to research in-depth

The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.

Beds Median price (House) Median price (Apartment)
1 bedroom $118,500
2 bedrooms $159,900 $198,500
3 bedrooms $207,400
4 bedrooms $237,350
5 bedrooms $352,400
6 bedrooms $304,450
Demographics
  • Population in 201153651
  • Population in 200653966
  • 2006 to 2011 population change (%)-0.6
  • Total private dwellings24748
  • Private dwellings occupied by usual residents23257
  • Population density per square kilometre168.2
  • Land area (square km)319.05