Real Estate Market Report for
Crediton, ON

Updated : Aug 2016
House
  • Median price $264,500
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.07%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Crediton Home Price

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The median asking price in Crediton is $264,500, an improvement on the median three months ago which was $219,900 .

In Aug the median listed house price of $264,500 in Crediton was a below average compared to the rest of Ontario.

Ontario has the most amount of properties available to property investors, with Crediton having 861th most in the province, out of a total of 1145.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Crediton there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Can we guarantee how well Crediton 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.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
4 bedrooms $227,400
Demographics
  • Population in 20119945
  • Population in 20069982
  • 2006 to 2011 population change (%)-0.4
  • Total private dwellings4598
  • Private dwellings occupied by usual residents4172
  • Population density per square kilometre23.4
  • Land area (square km)425.36
  • Age Characteristics
    Total population by age groups 9945
    0 to 4 years 505
    5 to 9 years 475
    10 to 14 years 500
    15 to 19 years 635
    15 years 140
    16 years 130
    17 years 130
    18 years 115
    19 years 125
    20 to 24 years 540
    25 to 29 years 500
    30 to 34 years 485
    35 to 39 years 470
    40 to 44 years 540
    45 to 49 years 725
    50 to 54 years 840
    55 to 59 years 740
    60 to 64 years 725
    65 to 69 years 625
    70 to 74 years 550
    75 to 79 years 435
    80 to 84 years 350
    85 years and over 290
    Median age of the population 47.4
    % of the population aged 15 and over 85.1
  • Marital Status
    Total population 15 years and over by marital status 8460
    Married or living with a common-law partner 5405
    Married (and not separated) 4715
    Living common-law 690
    Not married and not living with a common-law partner 3055
    Single (never legally married) 1755
    Separated 240
    Divorced 385
    Widowed 680
    Family Characteristics
    Total number of census families in private households 2985
    Size of census family: 2 persons 1755
    Size of census family: 3 persons 490
    Size of census family: 4 persons 490
    Size of census family: 5 or more persons 260
    Total number of census families in private households 2985
    Total couple families by family structure and number of children 2645
    Married couples 2300
    Without children at home 1340
    With children at home 960
    1 child 325
    2 children 405
    3 or more children 230
    Common-law couples 345
    Without children at home 205
    With children at home 140
    1 child 70
    2 children 45
    3 or more children 20
    Total lone-parent families by sex of parent and number of children 345
    Female parent 270
    1 child 165
    2 children 70
    3 or more children 35
    Male parent 70
    1 child 40
    2 children 20
    3 or more children 10
    Total children in census families in private households 2670
    Under six years of age 610
    6 to 14 years 860
    15 to 17 years 390
    18 to 24 years 575
    25 years and over 230
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 9705
    Number of persons not in census families 1405
    Living with relatives 85
    Living with non-relatives only 170
    Living alone 1150
    Number of census family persons 8300
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 2145
    Number of persons not in census families aged 65 years and over 615
    Living with relatives 40
    Living with non-relatives only 15
    Living alone 555
    Number of census family persons aged 65 years and over 1535
    Total number of private households by household type 4170
    Census-family households 2950
    One-family-only households 2830
    Couple-family households 2545
    Without children 1485
    With children 1060
    Lone-parent-family households 285
    Other family households 115
    One-family households with persons not in a census family 80
    Couple-family households 45
    Without children 25
    With children 20
    Lone-parent-family households 35
    Two-or-more-family households 35
    Non-census-family households 1225
    One-person households 1150
    Two-or-more-person households 75
    Total number of occupied private dwellings by structural type of dwelling 4170
    Single-detached house 3335
    Apartment, building that has five or more storeys 0
    Movable dwelling 65
    Other dwelling 765
    Semi-detached house 145
    Row house 230
    Apartment, duplex 25
    Apartment, building that has fewer than five storeys 350
    Other single-attached house 20
    Total number of private households by household size 4170
    1 person 1150
    2 persons 1725
    3 persons 500
    4 persons 505
    5 persons 210
    6 or more persons 85
    Number of persons in private households 9700
    Average number of persons in private households 2.3
Census 2011

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