Real Estate Market Report for
Northeastern Manitoulin and the Islands, ON

Updated : Aug 2016
House
  • Median price $183,950
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.20%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Northeastern Manitoulin and the Islands Home Price

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Canada’s national median home listing price this month is $290,900, which means that Northeastern Manitoulin and the Islands is in the bottom 40% for Canada.

The median house price listed in Northeastern Manitoulin and the Islands this month is $183,950.

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 Northeastern Manitoulin and the Islands has the 784th most properties on offer with 1145.

Will prices rise across the next year in in Northeastern Manitoulin and the Islands? There are a number of real estate indicators to consider.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Northeastern Manitoulin and the Islands have dried up which would tend to indicate that demand is higher than the supply of new properties.

It’s never an exact art, but to try to forecast how property is going to appreciate in Northeastern Manitoulin and the Islands for investors, it’s important to look at data like:

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Northeastern Manitoulin and the Islands there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
3 bedrooms $161,750
Demographics
  • Population in 20112706
  • Population in 20062711
  • 2006 to 2011 population change (%)-0.2
  • Total private dwellings2029
  • Private dwellings occupied by usual residents1168
  • Population density per square kilometre5.5
  • Land area (square km)495.68
  • Age Characteristics
    Total population by age groups 2705
    0 to 4 years 100
    5 to 9 years 130
    10 to 14 years 145
    15 to 19 years 150
    15 years 15
    16 years 35
    17 years 25
    18 years 40
    19 years 30
    20 to 24 years 110
    25 to 29 years 75
    30 to 34 years 120
    35 to 39 years 140
    40 to 44 years 165
    45 to 49 years 175
    50 to 54 years 235
    55 to 59 years 215
    60 to 64 years 270
    65 to 69 years 245
    70 to 74 years 160
    75 to 79 years 115
    80 to 84 years 85
    85 years and over 70
    Median age of the population 51
    % of the population aged 15 and over 86.3
  • Marital Status
    Total population 15 years and over by marital status 2335
    Married or living with a common-law partner 1490
    Married (and not separated) 1250
    Living common-law 240
    Not married and not living with a common-law partner 840
    Single (never legally married) 450
    Separated 60
    Divorced 140
    Widowed 190
    Family Characteristics
    Total number of census families in private households 845
    Size of census family: 2 persons 530
    Size of census family: 3 persons 145
    Size of census family: 4 persons 115
    Size of census family: 5 or more persons 55
    Total number of census families in private households 845
    Total couple families by family structure and number of children 725
    Married couples 610
    Without children at home 395
    With children at home 205
    1 child 90
    2 children 85
    3 or more children 35
    Common-law couples 120
    Without children at home 65
    With children at home 60
    1 child 20
    2 children 25
    3 or more children 15
    Total lone-parent families by sex of parent and number of children 115
    Female parent 80
    1 child 45
    2 children 25
    3 or more children 10
    Male parent 35
    1 child 25
    2 children 10
    3 or more children 0
    Total children in census families in private households 660
    Under six years of age 125
    6 to 14 years 250
    15 to 17 years 75
    18 to 24 years 145
    25 years and over 70
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 2630
    Number of persons not in census families 400
    Living with relatives 40
    Living with non-relatives only 40
    Living alone 315
    Number of census family persons 2235
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 615
    Number of persons not in census families aged 65 years and over 185
    Living with relatives 10
    Living with non-relatives only 15
    Living alone 165
    Number of census family persons aged 65 years and over 425
    Total number of private households by household type 1165
    Census-family households 830
    One-family-only households 790
    Couple-family households 690
    Without children 435
    With children 250
    Lone-parent-family households 100
    Other family households 45
    One-family households with persons not in a census family 30
    Couple-family households 20
    Without children 5
    With children 15
    Lone-parent-family households 5
    Two-or-more-family households 15
    Non-census-family households 335
    One-person households 315
    Two-or-more-person households 25
    Total number of occupied private dwellings by structural type of dwelling 1170
    Single-detached house 1050
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 110
    Semi-detached house 10
    Row house 15
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 75
    Other single-attached house 0
    Total number of private households by household size 1170
    1 person 315
    2 persons 515
    3 persons 145
    4 persons 135
    5 persons 50
    6 or more persons 10
    Number of persons in private households 2635
    Average number of persons in private households 2.2
Census 2011

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