Real Estate Market Report for
Elk Lake, ON

Updated : Aug 2016
House
  • Median price $199,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 3.56%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Elk Lake Home Price

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When looking across the province, Elk Lake is the 919th most expensive in Ontario.

The median house price listed in Elk Lake this month is $199,900.

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

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Elk Lake has a pretty average amount compared to the rest of the province

Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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

Is Elk Lake a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Beds Median price (House) Median price (Apartment)
2 bedrooms $220,000
3 bedrooms $139,000
Demographics
  • Population in 2011424
  • Population in 2006414
  • 2006 to 2011 population change (%)2.4
  • Total private dwellings253
  • Private dwellings occupied by usual residents194
  • Population density per square kilometre4.9
  • Land area (square km)86.19
  • Age Characteristics
    Total population by age groups 420
    0 to 4 years 20
    5 to 9 years 15
    10 to 14 years 15
    15 to 19 years 25
    15 years 5
    16 years 10
    17 years 0
    18 years 5
    19 years 5
    20 to 24 years 25
    25 to 29 years 20
    30 to 34 years 15
    35 to 39 years 15
    40 to 44 years 35
    45 to 49 years 40
    50 to 54 years 50
    55 to 59 years 45
    60 to 64 years 25
    65 to 69 years 30
    70 to 74 years 25
    75 to 79 years 15
    80 to 84 years 10
    85 years and over 5
    Median age of the population 48.9
    % of the population aged 15 and over 88.9
  • Marital Status
    Total population 15 years and over by marital status 375
    Married or living with a common-law partner 240
    Married (and not separated) 190
    Living common-law 50
    Not married and not living with a common-law partner 135
    Single (never legally married) 80
    Separated 15
    Divorced 15
    Widowed 25
    Family Characteristics
    Total number of census families in private households 140
    Size of census family: 2 persons 85
    Size of census family: 3 persons 30
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 5
    Total number of census families in private households 135
    Total couple families by family structure and number of children 120
    Married couples 95
    Without children at home 65
    With children at home 30
    1 child 20
    2 children 10
    3 or more children 5
    Common-law couples 25
    Without children at home 10
    With children at home 10
    1 child 5
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 15
    Female parent 15
    1 child 5
    2 children 0
    3 or more children 0
    Male parent 10
    1 child 0
    2 children 5
    3 or more children 0
    Total children in census families in private households 100
    Under six years of age 20
    6 to 14 years 25
    15 to 17 years 15
    18 to 24 years 30
    25 years and over 5
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 425
    Number of persons not in census families 70
    Living with relatives 5
    Living with non-relatives only 10
    Living alone 55
    Number of census family persons 355
    Average number of persons per census family 2.5
    Total number of persons 65 years and over in private households 85
    Number of persons not in census families aged 65 years and over 30
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 25
    Number of census family persons aged 65 years and over 55
    Total number of private households by household type 195
    Census-family households 135
    One-family-only households 125
    Couple-family households 115
    Without children 75
    With children 40
    Lone-parent-family households 15
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 60
    One-person households 55
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 195
    Single-detached house 175
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 20
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 15
    Other single-attached house 0
    Total number of private households by household size 195
    1 person 55
    2 persons 85
    3 persons 35
    4 persons 15
    5 persons 5
    6 or more persons 5
    Number of persons in private households 425
    Average number of persons in private households 2.2
Census 2011

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