Real Estate Market Report for
Cobourg, ON

Updated : Aug 2016
House
  • Median price $399,900
  • Monthly growth
  • Quarterly trend
  • Stock on market 1.23%
Apartment
  • Median price $337,450
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.16%
Cobourg Home Price

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Canada’s national median home listing price this month is $290,900, which means that Cobourg is in the top 20% for Canada.

While the median for Ontario is $349,900 , which means that Cobourg’s median price is $399,900 considerably better than the rest of the province.

Cobourg’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

There are 1145 neighbourhoods that have more properties on sale than Cobourg at the moment in Ontario which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Cobourg will hopefully provide an indicator to help you where to research in-depth

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Cobourg have dried up which would tend to indicate that demand is higher than the supply of new properties.

When looking across the province, Cobourg is the 46th most expensive in Ontario.

The median house price listed in Cobourg this month is $337,450.

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

Can we guarantee how well Cobourg is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

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 Cobourg, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 20, this month we show 14.

Beds Median price (House) Median price (Apartment)
2 bedrooms $338,000 $299,000
3 bedrooms $409,900
4 bedrooms $411,950
5 bedrooms $574,000
6 bedrooms $549,000
Demographics
  • Population in 201118519
  • Population in 200618210
  • 2006 to 2011 population change (%)1.7
  • Total private dwellings8541
  • Private dwellings occupied by usual residents8047
  • Population density per square kilometre827.8
  • Land area (square km)22.37
  • Age Characteristics
    Total population by age groups 18520
    0 to 4 years 785
    5 to 9 years 810
    10 to 14 years 930
    15 to 19 years 1085
    15 years 215
    16 years 210
    17 years 220
    18 years 205
    19 years 230
    20 to 24 years 910
    25 to 29 years 875
    30 to 34 years 770
    35 to 39 years 845
    40 to 44 years 1005
    45 to 49 years 1375
    50 to 54 years 1395
    55 to 59 years 1390
    60 to 64 years 1445
    65 to 69 years 1190
    70 to 74 years 1110
    75 to 79 years 1000
    80 to 84 years 810
    85 years and over 790
    Median age of the population 49.6
    % of the population aged 15 and over 86.4
  • Marital Status
    Total population 15 years and over by marital status 15990
    Married or living with a common-law partner 9235
    Married (and not separated) 7795
    Living common-law 1440
    Not married and not living with a common-law partner 6755
    Single (never legally married) 3430
    Separated 585
    Divorced 1125
    Widowed 1620
    Family Characteristics
    Total number of census families in private households 5485
    Size of census family: 2 persons 3310
    Size of census family: 3 persons 1050
    Size of census family: 4 persons 785
    Size of census family: 5 or more persons 335
    Total number of census families in private households 5485
    Total couple families by family structure and number of children 4525
    Married couples 3805
    Without children at home 2280
    With children at home 1525
    1 child 620
    2 children 630
    3 or more children 270
    Common-law couples 720
    Without children at home 420
    With children at home 300
    1 child 150
    2 children 105
    3 or more children 45
    Total lone-parent families by sex of parent and number of children 960
    Female parent 775
    1 child 470
    2 children 235
    3 or more children 60
    Male parent 180
    1 child 135
    2 children 40
    3 or more children 10
    Total children in census families in private households 4690
    Under six years of age 945
    6 to 14 years 1565
    15 to 17 years 635
    18 to 24 years 1010
    25 years and over 535
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 17850
    Number of persons not in census families 3150
    Living with relatives 250
    Living with non-relatives only 430
    Living alone 2470
    Number of census family persons 14695
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 4325
    Number of persons not in census families aged 65 years and over 1390
    Living with relatives 105
    Living with non-relatives only 55
    Living alone 1225
    Number of census family persons aged 65 years and over 2935
    Total number of private households by household type 8045
    Census-family households 5395
    One-family-only households 5070
    Couple-family households 4275
    Without children 2565
    With children 1710
    Lone-parent-family households 795
    Other family households 325
    One-family households with persons not in a census family 235
    Couple-family households 145
    Without children 65
    With children 80
    Lone-parent-family households 90
    Two-or-more-family households 90
    Non-census-family households 2655
    One-person households 2465
    Two-or-more-person households 185
    Total number of occupied private dwellings by structural type of dwelling 8050
    Single-detached house 4745
    Apartment, building that has five or more storeys 365
    Movable dwelling 0
    Other dwelling 2935
    Semi-detached house 365
    Row house 855
    Apartment, duplex 140
    Apartment, building that has fewer than five storeys 1535
    Other single-attached house 35
    Total number of private households by household size 8050
    1 person 2470
    2 persons 3215
    3 persons 1100
    4 persons 835
    5 persons 320
    6 or more persons 110
    Number of persons in private households 17850
    Average number of persons in private households 2.2
Census 2011

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