Terrace Bay, ON Housing Statistics

A+

3%

Med. Home Val. NAT. AVG.

100%

Rent NAT. AVG.

19%

Owner Occ. NAT. AVG.

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Terrace Bay Housing Information

Index	Terrace Bay	Ontario	National
Median home price	$683,339	$821,624	$665,961
Median rent asked	n/a	$2,456	$2,146
Avg. people per household	2.2	2.6	2.5
Owner occupied households	80.4%	69.3%	67.6%
Renter occupied households	19.6%	30.5%	32.0%

Housing Quick Facts

The median home price in Terrace Bay is 3% higher than the national average.
The median rent asked in Terrace Bay is 100% lower than the national average.
The average number of people per household in Terrace Bay is 12% lower than the national average.
The number of owner occupied households in Terrace Bay is 19% higher than the national average.
The number of renter occupied households in Terrace Bay is 39% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Schreiber, ON	1,087	$706,535	6%
Terrace Bay, ON	1,726	$683,339	3%

Cities with similar population

	Population	Home Price	National Avg.
Piikani 147, AB	1,727	$416,952	37%
Armstrong, MB	1,728	$555,808	17%
Cowichan Valley F, BC	1,730	$716,654	8%
Lot 1, PE	1,731	$528,675	21%
Squamish-Lillooet C, BC	1,734	$697,213	5%
Terrace Bay, ON	1,726	$683,339	3%

Source: The Terrace Bay, ON housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.