Real Estate Market Report for
Bunyan's Cove, NL

Updated : May 2016
House
  • Median price $140,700
  • Monthly growth -4.41 %
  • Quarterly trend
  • Stock on market 0.11%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Bunyan's Cove Home Price

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Canada’s national median home listing price this month is $319,900, which means that Bunyan's Cove is in the bottom 40% for Canada.

The $140,700 price tag on the median Bunyan's Cove home means that it is below the national norm.

Across Newfoundland and Labrador Bunyan's Cove has the 130th most properties on offer with 184.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Bunyan's Cove needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Bunyan's Cove, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.

Will prices rise across the next year in in Bunyan's Cove? There are a number of real estate indicators to consider.

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $176,850
Demographics
  • Population in 20112714
  • Population in 20062765
  • 2006 to 2011 population change (%)-1.8
  • Total private dwellings1758
  • Private dwellings occupied by usual residents1143
  • Population density per square kilometre1.6
  • Land area (square km)1664.58
  • Age Characteristics
    Total population by age groups 2715
    0 to 4 years 100
    5 to 9 years 130
    10 to 14 years 120
    15 to 19 years 130
    15 years 25
    16 years 30
    17 years 25
    18 years 25
    19 years 25
    20 to 24 years 90
    25 to 29 years 100
    30 to 34 years 120
    35 to 39 years 150
    40 to 44 years 205
    45 to 49 years 250
    50 to 54 years 275
    55 to 59 years 240
    60 to 64 years 270
    65 to 69 years 195
    70 to 74 years 145
    75 to 79 years 95
    80 to 84 years 55
    85 years and over 40
    Median age of the population 49.3
    % of the population aged 15 and over 87
  • Marital Status
    Total population 15 years and over by marital status 2360
    Married or living with a common-law partner 1665
    Married (and not separated) 1485
    Living common-law 185
    Not married and not living with a common-law partner 695
    Single (never legally married) 400
    Separated 30
    Divorced 80
    Widowed 185
    Family Characteristics
    Total number of census families in private households 925
    Size of census family: 2 persons 560
    Size of census family: 3 persons 215
    Size of census family: 4 persons 130
    Size of census family: 5 or more persons 20
    Total number of census families in private households 925
    Total couple families by family structure and number of children 835
    Married couples 745
    Without children at home 445
    With children at home 295
    1 child 170
    2 children 115
    3 or more children 15
    Common-law couples 90
    Without children at home 55
    With children at home 40
    1 child 20
    2 children 10
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 95
    Female parent 65
    1 child 45
    2 children 15
    3 or more children 10
    Male parent 30
    1 child 20
    2 children 10
    3 or more children 0
    Total children in census families in private households 635
    Under six years of age 130
    6 to 14 years 225
    15 to 17 years 75
    18 to 24 years 115
    25 years and over 90
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 2715
    Number of persons not in census families 325
    Living with relatives 65
    Living with non-relatives only 50
    Living alone 215
    Number of census family persons 2390
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 535
    Number of persons not in census families aged 65 years and over 145
    Living with relatives 30
    Living with non-relatives only 15
    Living alone 100
    Number of census family persons aged 65 years and over 395
    Total number of private households by household type 1145
    Census-family households 900
    One-family-only households 835
    Couple-family households 765
    Without children 455
    With children 310
    Lone-parent-family households 65
    Other family households 65
    One-family households with persons not in a census family 45
    Couple-family households 30
    Without children 15
    With children 15
    Lone-parent-family households 10
    Two-or-more-family households 25
    Non-census-family households 240
    One-person households 215
    Two-or-more-person households 30
    Total number of occupied private dwellings by structural type of dwelling 1145
    Single-detached house 1095
    Apartment, building that has five or more storeys 0
    Movable dwelling 10
    Other dwelling 30
    Semi-detached house 15
    Row house 5
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 10
    Other single-attached house 5
    Total number of private households by household size 1140
    1 person 215
    2 persons 520
    3 persons 225
    4 persons 145
    5 persons 30
    6 or more persons 5
    Number of persons in private households 2715
    Average number of persons in private households 2.4
Census 2011

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