Photo: Hayden Soloviev · CC BY 4.0Owners in North Bay value their homes 57% below the median of Ontario’s towns
That is a median of $300,000 at the 2021 census, set beside $695,000 for Ontario’s towns. No sales are published for towns in Ontario, North Bay included, so owners’ values are the measure. The 2024 property assessment puts the median residential property at $214,000. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.
Two ways to price a home in North Bay
Two sources, each set against Ontario’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
- $352K
- Owners
- 13,900
- Ontario’s towns
- $695K
- The typical Canadian town
- $406K
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).
Houses in North Bay carry assessments 9% under the middle of Ontario’s towns
Detached houses account for 72% of the 17,515 properties on North Bay’s 2024 roll; condos for 4%.
Median assessment by type, 2024 the tick is the median of Ontario’s towns
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 of North Bay, by period and type
The 2021 census counted 23,470 occupied homes in North Bay; 49% of them are single-detached houses. Half went up before 1981.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| North Bay | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 6% | 7% | 8% |
| Needing major repairs | 7% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 11% | 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.
Permits in North Bay ran at 5.7 homes a year per 1,000, where Ontario’s towns ran at 15
Building permits added 748 homes in North Bay between 2018 and 2023: some 125 a year. Single-unit buildings took 43%, the rest buildings of two or more, against 66% for Ontario’s towns.
A peak in 2021: 285 new homes
New homes a year per 1,000 homes
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.
North Bay is 57% below the $695,000 median of Ontario’s towns
871 of Ontario’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.
North Bay’s neighbours by home value
Next to North Bay: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| North Bay | $300K | $352K | 59% | |
| Callander | $400K | $447K | 88% | 14 |
| East Ferris | $400K | $465K | 95% | 15.5 |
Census 2021 values; km.
Questions about property prices in North Bay
Is North Bay expensive for Ontario?
Cheaper than the middle: Ontario’s towns come to $695,000, North Bay to less.
How many households in North Bay are in core housing need?
In line with Ontario’s towns (9%): 11% in North Bay, counting the households whose home falls short on cost, size or repair.
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).