Real Estate Market Report for
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

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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
  • Age Characteristics
    Total population by age groups 565
    0 to 4 years 30
    5 to 9 years 20
    10 to 14 years 25
    15 to 19 years 30
    15 years 5
    16 years 5
    17 years 5
    18 years 5
    19 years 5
    20 to 24 years 30
    25 to 29 years 20
    30 to 34 years 20
    35 to 39 years 20
    40 to 44 years 25
    45 to 49 years 35
    50 to 54 years 50
    55 to 59 years 50
    60 to 64 years 50
    65 to 69 years 40
    70 to 74 years 45
    75 to 79 years 30
    80 to 84 years 30
    85 years and over 15
    Median age of the population 53.2
    % of the population aged 15 and over 87.6
  • Marital Status
    Total population 15 years and over by marital status 495
    Married or living with a common-law partner 305
    Married (and not separated) 255
    Living common-law 50
    Not married and not living with a common-law partner 190
    Single (never legally married) 90
    Separated 10
    Divorced 25
    Widowed 55
    Family Characteristics
    Total number of census families in private households 175
    Size of census family: 2 persons 115
    Size of census family: 3 persons 30
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 10
    Total number of census families in private households 175
    Total couple families by family structure and number of children 150
    Married couples 125
    Without children at home 90
    With children at home 40
    1 child 15
    2 children 20
    3 or more children 10
    Common-law couples 25
    Without children at home 10
    With children at home 10
    1 child 5
    2 children 0
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 20
    Female parent 20
    1 child 10
    2 children 10
    3 or more children 0
    Male parent 5
    1 child 10
    2 children 0
    3 or more children 0
    Total children in census families in private households 125
    Under six years of age 30
    6 to 14 years 40
    15 to 17 years 20
    18 to 24 years 25
    25 years and over 15
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 545
    Number of persons not in census families 90
    Living with relatives 10
    Living with non-relatives only 5
    Living alone 80
    Number of census family persons 450
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 150
    Number of persons not in census families aged 65 years and over 50
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 50
    Number of census family persons aged 65 years and over 95
    Total number of private households by household type 255
    Census-family households 175
    One-family-only households 165
    Couple-family households 145
    Without children 95
    With children 45
    Lone-parent-family households 15
    Other family households 10
    One-family households with persons not in a census family 10
    Couple-family households 5
    Without children 5
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 5
    Non-census-family households 80
    One-person households 80
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 255
    Single-detached house 225
    Apartment, building that has five or more storeys 0
    Movable dwelling 10
    Other dwelling 20
    Semi-detached house 0
    Row house 0
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 15
    Other single-attached house 0
    Total number of private households by household size 250
    1 person 75
    2 persons 110
    3 persons 30
    4 persons 20
    5 persons 10
    6 or more persons 0
    Number of persons in private households 545
    Average number of persons in private households 2.1
Census 2011

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