Real Estate Market Report for
Casselman, ON

Updated : Aug 2016
House
  • Median price $284,200
  • Monthly growth
  • Quarterly trend
  • Stock on market 3.88%
Apartment
  • Median price $219,900
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.74%
Casselman Home Price

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The median asking price in Casselman is $284,200, an improvement on the median three months ago which was $299,900 .

When our research team crunched the numbers we calculated that Casselman has a median home price of $284,200.

If you’re looking at investment properties in Casselman, then you’re most likely to find homes with 3 bedrooms on sale this month.

Ontario has the most amount of properties available to property investors, with Casselman having 148th most in the province, out of a total of 1145.

As one of Ontario’s many potential real estate investment neighbourhoods, Casselman needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Casselman there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Casselman was Canada’s 470th most expensive suburb by listed median house price this month.

With Casselman’s median house price at $219,900 in Aug , it is below average compared to the rest of Ontario.

There are 196 neighbourhoods that have more properties on sale than Casselman at the moment in Ontario which puts the neighbourhood top 40% when looking at the number of properties to choose from.

When we look at the data we have, it can help with trying to establish whether or not Casselman is a good investment target.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Casselman, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 10, this month we show 11.

Beds Median price (House) Median price (Apartment)
3 bedrooms $245,400
Demographics
  • Population in 20113626
  • Population in 20063275
  • 2006 to 2011 population change (%)10.7
  • Total private dwellings1494
  • Private dwellings occupied by usual residents1432
  • Population density per square kilometre701.5
  • Land area (square km)5.17
  • Age Characteristics
    Total population by age groups 3625
    0 to 4 years 215
    5 to 9 years 195
    10 to 14 years 195
    15 to 19 years 270
    15 years 55
    16 years 50
    17 years 60
    18 years 45
    19 years 55
    20 to 24 years 220
    25 to 29 years 190
    30 to 34 years 210
    35 to 39 years 225
    40 to 44 years 265
    45 to 49 years 330
    50 to 54 years 275
    55 to 59 years 280
    60 to 64 years 230
    65 to 69 years 205
    70 to 74 years 105
    75 to 79 years 85
    80 to 84 years 55
    85 years and over 70
    Median age of the population 41.9
    % of the population aged 15 and over 83.2
  • Marital Status
    Total population 15 years and over by marital status 3015
    Married or living with a common-law partner 1820
    Married (and not separated) 1410
    Living common-law 410
    Not married and not living with a common-law partner 1195
    Single (never legally married) 755
    Separated 80
    Divorced 180
    Widowed 185
    Family Characteristics
    Total number of census families in private households 1040
    Size of census family: 2 persons 525
    Size of census family: 3 persons 205
    Size of census family: 4 persons 235
    Size of census family: 5 or more persons 75
    Total number of census families in private households 1040
    Total couple families by family structure and number of children 905
    Married couples 700
    Without children at home 330
    With children at home 365
    1 child 115
    2 children 190
    3 or more children 60
    Common-law couples 205
    Without children at home 115
    With children at home 95
    1 child 45
    2 children 35
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 140
    Female parent 115
    1 child 65
    2 children 40
    3 or more children 10
    Male parent 25
    1 child 15
    2 children 5
    3 or more children 5
    Total children in census families in private households 1055
    Under six years of age 250
    6 to 14 years 355
    15 to 17 years 165
    18 to 24 years 215
    25 years and over 70
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 3500
    Number of persons not in census families 500
    Living with relatives 60
    Living with non-relatives only 75
    Living alone 365
    Number of census family persons 3000
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 445
    Number of persons not in census families aged 65 years and over 145
    Living with relatives 15
    Living with non-relatives only 5
    Living alone 130
    Number of census family persons aged 65 years and over 300
    Total number of private households by household type 1430
    Census-family households 1025
    One-family-only households 975
    Couple-family households 845
    Without children 420
    With children 425
    Lone-parent-family households 125
    Other family households 55
    One-family households with persons not in a census family 35
    Couple-family households 30
    Without children 10
    With children 15
    Lone-parent-family households 10
    Two-or-more-family households 15
    Non-census-family households 405
    One-person households 365
    Two-or-more-person households 45
    Total number of occupied private dwellings by structural type of dwelling 1435
    Single-detached house 920
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 510
    Semi-detached house 105
    Row house 90
    Apartment, duplex 95
    Apartment, building that has fewer than five storeys 225
    Other single-attached house 0
    Total number of private households by household size 1430
    1 person 365
    2 persons 525
    3 persons 215
    4 persons 235
    5 persons 70
    6 or more persons 30
    Number of persons in private households 3500
    Average number of persons in private households 2.4
Census 2011

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