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20150708 - 91 - Nipigon, Ont. - Front StreetPhoto: Andre Carrotflower · CC BY-SA 4.0
A−Cost of living Grade
Property prices in Nipigon · Census 2021 and Statistics Canada

Homes in Nipigon are worth 81% less than the median of Ontario’s towns

The 2021 census gives $134,000 as the median value; Ontario’s towns come to $695,000. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ. There is no public record of sale prices in Ontario, which leaves the census value as the guide for Nipigon.

Median home value
$134K
owners’ estimate, census 2021
average $151K
Median assessed value
$65K
2024, on MPAC’s 2016 base
Owner households
610
census 2021
93% of households
What homes are worth

What Nipigon’s homes are worth, two ways

Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.

Census 2021$134K

median, owners’ estimate

Average
$151K
Owners
610
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$65K

all residential, MPAC 2016 base

Ontario’s towns
$232K

Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).

By type of home

A detached house in Nipigon is assessed 69% lower than across Ontario’s towns

The 2024 assessment roll counts 765 homes in Nipigon, detached houses 95% of them.

Assessed value

Median assessment by type, 2024 the tick is the median of Ontario’s towns

Detached houses$80K
Multi-unit properties$116K
The mix of properties
Detached houses95%
Multi-unit properties3%
1,220 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)

Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Ontario’s towns with their own figure; assessments compare within a province only.

The homes

Single-detached houses are 95% of Nipigon’s homes, against 60% for Ontario’s towns

People lived in 660 homes in Nipigon at the 2021 census. Most of them predate 1961.

When they were built

Homes by period of construction the tick is the median of Ontario’s towns

Before 196156%
1961–198031%
1981–20008%
2001–20152%
2016–20212%
What kind of home

Homes by kind

Single-detached houses95%
Semi-detached houses1%
Row houses1%
Flats in a duplex2%
Apartments, under 5 storeys2%
Apartments, 5+ storeysunder 1%
Against the median town of the province and of Canada
NipigonOntarioCanada
Condominiumsunder 1%7%8%
Needing major repairs17%6%6%
Too small for the household2%5%3%
Households in core housing need14%9%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.

Across Ontario

Nipigon is cheaper than most of Ontario’s towns: 81% under their $695,000 median

The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to Nipigon: Schreiber and Terrace Bay

The places around Nipigon at the 2021 census: median and average value, and how many own. Distances here run 77–97 km: that is how far the nearest places with figures are from Nipigon.

ShuniahSchreiberTerrace BayThunder Bay, UnorganizedThunder BayShuniahSchreiberTerrace BayThunder Bay, UnorganizedThunder BayNipigon
Prices next door
TownMedian home valueAverageOwnerskm
Nipigon$134K$151K93%
Shuniah$420K$531K95%76.8
Schreiber$75K$110K82%77
Terrace Bay$100K$112K78%89.3
Thunder Bay, Unorganized$280K$313K91%91.8
Thunder Bay$300K$317K68%97.2

Census 2021 values; km.

Questions about property prices in Nipigon

Is Nipigon expensive for Ontario?

No: Nipigon’s census median is below the $695,000 of Ontario’s towns.

How many households in Nipigon are in core housing need?

14% of Nipigon’s households, above the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.

Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. 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).