Terrace Bay Real Estate

  • 2 homes for sale in Terrace Bay, ON.

  • $59,900 to $87,900
  • $73,900 Avg List

Refine your Terrace Bay real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Terrace Bay.

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  1. Canada
  2. ON
  3. Terrace Bay

Home Prices in Terrace Bay

The asking price of homes for sale in Terrace Bay has decreased -20.71% since June last year, while the number of homes for sale has decreased -66.67%. See more Terrace Bay Home Prices & Values.

House
Median Asking Price
$74K
2 Houses
Townhouse
Median Asking Price
$0
0 Townhouses
Condo
Median Asking Price
$0
0 Condos

Find Real Estate & MLS® Listings in Terrace Bay

Zolo has the most detailed, up-to-date set of Terrace Bay real estate listings. At the moment, Terrace Bay has 0 homes for sale, including 2 houses, 0 condos, and 0 townhouses listed for sale.

With Zolo you'll be able to find the hottest Terrace Bay neighbourhoods, the best schools in the city, and evaluate nearby amenities. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

MLS® Listing data for Terrace Bay is added every 15 minutes to provide you the most-up-to-date home listings. Reach out to one of our Terrace Bay real estate agents to get started on landing your dream home today.

Terrace Bay City Guide

1K
Population
-9.5%
Population Growth
6%
Unemployment

Located in Ontario, the city of Terrace Bay has a population of 1,471. The -9.5% population growth for this city is below average when compared to other Canadian cities.

There are 5.52% of immigrants in in Terrace Bay, 0% of which are recent immigrants to Canada. Other than English, the most common language spoken is French, with 7% of residents reporting it as their mother tongue. The largest cultural community within Terrace Bay is Canadian at 35%, followed by English at 31% and Irish at 27%.

Terrace Bay offers good employment opportunities with an unemployment rate that sits near 6%, which is above average when compared to other cities. Approximately 51% of residents hold a university degree. Residents can expect an exceptional quality of life in Terrace Bay based upon an above average median family income of $60,501.

According to Statistics Canada 78% of Terrace Bay residents drive. About 11% of residents that are already established within the city will move within a year, while 27% will move within five years.

Terrace Bay's population is higher than average when it comes to homeownership, with 89% owning a home and 11% renting. The median monthly mortgage cost is estimated to be about $626, which is above average when compared to renters in other Canadian cities.

In the Canadian real estate context, Terrace Bay is a good place to set down roots.

Demographics

Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of Terrace Bay’s demographics, including median age, schools and income, using census information from Statistics Canada.

11%
Rent
89%
Own
$502
Monthly Rent (Median)
$626
Monthly Mortgage (Median)
440
Total Families
$60,501
Family Income (Median)
50
Age (Median)
51%
College Educated

Commuters

According to Statistics Canada, residents in Terrace Bay use a variety of ways to get around.

78%
Drive
0%
Transit
0%
Bike
22%
Walk

FAQs About TERRACE BAY Real Estate

According to current Terrace Bay MLS© statistics, the average home listing price in Terrace Bay, ON is $74,000.

Based on current Terrace Bay MLS© data, the average detached house in Terrace Bay, ON has a listing price of $74,000. In Terrace Bay, detached houses are on the market for 0 days on average.

According to Statistics Canada Census data, the median total household income in Terrace Bay is $60,501 per year, which is below the national median income of $67,000 per year.

terrace-bay
The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association nor Zolo.