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Byng Inlet, ON

Updated: Jul 2015
House
Median price $233,700
Monthly growth
Quarterly trend
Stock on market 0.08%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Byng Inlet Home Price

When looking across the province, Byng Inlet is the 907th most expensive in Ontario.

While the median for Ontario is $349,900 , which means that Byng Inlet’s median price is $233,700 better than average than the rest of the province.

Ontario has the most amount of properties available to property investors, with Byng Inlet having 1135th most in the province, out of a total of 1299.

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

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.

Is Byng Inlet a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

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

Find a mortgage broker in Byng Inlet, ON
Demographics
  • Population in 20112199
  • Population in 20062424
  • 2006 to 2011 population change (%)-9.3
  • Total private dwellings2637
  • Private dwellings occupied by usual residents1063
  • Population density per square kilometre0.8
  • Land area (square km)2697.64

Age Characteristics

Total population by age groups 2200
0 to 4 years 40
5 to 9 years 60
10 to 14 years 65
15 to 19 years 90
15 years 15
16 years 25
17 years 15
18 years 15
19 years 10
20 to 24 years 70
25 to 29 years 80
30 to 34 years 40
35 to 39 years 70
40 to 44 years 60
45 to 49 years 155
50 to 54 years 200
55 to 59 years 245
60 to 64 years 300
65 to 69 years 255
70 to 74 years 190
75 to 79 years 130
80 to 84 years 85
85 years and over 65
Median age of the population 58.6
% of the population aged 15 and over 92.7

Marital Status

Total population 15 years and over by marital status 2040
Married or living with a common-law partner 1350
Married (and not separated) 1190
Living common-law 160
Not married and not living with a common-law partner 690
Single (never legally married) 325
Separated 65
Divorced 125
Widowed 175

Family Characteristics

Total number of census families in private households 740
Size of census family: 2 persons 565
Size of census family: 3 persons 100
Size of census family: 4 persons 55
Size of census family: 5 or more persons 20
Total number of census families in private households 740
Total couple families by family structure and number of children 670
Married couples 590
Without children at home 460
With children at home 125
1 child 75
2 children 45
3 or more children 20
Common-law couples 80
Without children at home 50
With children at home 25
1 child 15
2 children 10
3 or more children 0
Total lone-parent families by sex of parent and number of children 70
Female parent 40
1 child 30
2 children 10
3 or more children 5
Male parent 25
1 child 20
2 children 5
3 or more children 5
Total children in census families in private households 345
Under six years of age 50
6 to 14 years 105
15 to 17 years 50
18 to 24 years 75
25 years and over 70
Average number of children at home per census family 0.5

Household And Dwelling Characteristics

Total number of persons in private households 2155
Number of persons not in census families 400
Living with relatives 35
Living with non-relatives only 65
Living alone 300
Number of census family persons 1755
Average number of persons per census family 2.4
Total number of persons 65 years and over in private households 715
Number of persons not in census families aged 65 years and over 195
Living with relatives 20
Living with non-relatives only 20
Living alone 160
Number of census family persons aged 65 years and over 520
Total number of private households by household type 1060
Census-family households 725
One-family-only households 695
Couple-family households 640
Without children 495
With children 140
Lone-parent-family households 55
Other family households 30
One-family households with persons not in a census family 25
Couple-family households 15
Without children 10
With children 5
Lone-parent-family households 10
Two-or-more-family households 10
Non-census-family households 335
One-person households 295
Two-or-more-person households 35
Total number of occupied private dwellings by structural type of dwelling 1065
Single-detached house 1025
Apartment, building that has five or more storeys 0
Movable dwelling 15
Other dwelling 20
Semi-detached house 5
Row house 0
Apartment, duplex 10
Apartment, building that has fewer than five storeys 5
Other single-attached house 0
Total number of private households by household size 1065
1 person 295
2 persons 570
3 persons 110
4 persons 60
5 persons 10
6 or more persons 10
Number of persons in private households 2155
Average number of persons in private households 2

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