Photo: Ken Eckert · CC BY-SA 4.0Home values in Bay Bulls run 51% higher than the median of Newfoundland and Labrador’s towns
Owners valued the median home at $324,000 in 2021, where the median of Newfoundland and Labrador’s towns was $215,000. There is no public record of sale prices in Newfoundland and Labrador, which leaves the census value as the guide for Bay Bulls. For 2024, the median assessed value of a residential property is $178,000.
What Bay Bulls’s homes are worth, two ways
Two sources, each set against Newfoundland and Labrador’s towns only: provinces measure value differently, so they don’t line up across borders. Treat the values as owners’ May 2021 guesses: they are self-reported, and they come from before rates went up.
median, owners’ estimate
- Average
- $324K
- Owners
- 525
- Newfoundland and Labrador’s towns
- $215K
- The typical Canadian town
- $406K
all residential
- Properties
- 905
- Newfoundland and Labrador’s towns
- $173K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
45% of Bay Bulls’s homes are from 2001 or later, against 22% for Newfoundland and Labrador’s towns
600 occupied homes stood in Bay Bulls in 2021, and single-detached houses made up 93% of them.
Homes by period of construction the tick is the median of Newfoundland and Labrador’s towns
Homes by kind
| Bay Bulls | Newfoundland and Labrador | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 2% | 8% |
| Needing major repairs | 3% | 5% | 6% |
| Too small for the household | under 1% | 1% | 3% |
| Households in core housing need | 3% | 6% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
5.7 new homes a year per 1,000 in Bay Bulls: in step with Newfoundland and Labrador’s towns (6.1)
Some 4 homes a year: 22 in all were permitted in Bay Bulls from 2018 to 2023. 100% were single-unit buildings, beside 83% for Newfoundland and Labrador’s towns.
The busiest year: 2023, with 8 new homes
New homes a year per 1,000 homes
1,578 new homes in the 12 months to August 2026, up 22% on the year before
The monthly permits numbers here cover the St. John's metro area
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Bay Bulls is 51% above the $215,000 median of Newfoundland and Labrador’s towns
32 of Newfoundland and Labrador’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Bay Bulls: Division No. 1, Subdivision U and Petty Harbour-Maddox Cove
Next to Bay Bulls: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Bay Bulls | $324K | $324K | 88% | |
| Witless Bay | $324K | $342K | 97% | 5.1 |
| Division No. 1, Subdivision U | $230K | $247K | 97% | 14.7 |
| Petty Harbour-Maddox Cove | $276K | $275K | 88% | 18.5 |
Census 2021 values; km.
Questions about property prices in Bay Bulls
Is Bay Bulls expensive for Newfoundland and Labrador?
Above the norm for Newfoundland and Labrador’s towns, whose median home is worth $215,000; Bay Bulls’s is worth more.
How many households in Bay Bulls are in core housing need?
In Bay Bulls, 3% of households are in core housing need, against 6% for Newfoundland and Labrador’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).