Real Estate Market Report for
Espanola, ON

Updated : Aug 2016
House
  • Median price $194,450
  • Monthly growth 2.39 %
  • Quarterly trend
  • Stock on market 2.49%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Espanola Home Price

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With a median listing price of $194,450, Espanola is Canada’s 3020th most expensive when ordered by median listing price.

While the median for Ontario is $349,900 , which means that Espanola’s median price is $194,450 below average than the rest of the province.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

There are 1145 neighbourhoods that have more properties on sale than Espanola at the moment in Ontario which puts the neighbourhood in the top 20% 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 Espanola is a good investment target.

If you are looking at investment properties in Espanola, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

Can we guarantee how well Espanola 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.

If you are looking at investment properties in Espanola, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
2 bedrooms $114,450
3 bedrooms $187,400
4 bedrooms $297,500
Demographics
  • Population in 20115364
  • Population in 20065314
  • 2006 to 2011 population change (%)0.9
  • Total private dwellings2413
  • Private dwellings occupied by usual residents2267
  • Population density per square kilometre65.1
  • Land area (square km)82.44
  • Age Characteristics
    Total population by age groups 5365
    0 to 4 years 240
    5 to 9 years 245
    10 to 14 years 300
    15 to 19 years 375
    15 years 80
    16 years 75
    17 years 75
    18 years 80
    19 years 65
    20 to 24 years 280
    25 to 29 years 260
    30 to 34 years 250
    35 to 39 years 305
    40 to 44 years 310
    45 to 49 years 440
    50 to 54 years 555
    55 to 59 years 420
    60 to 64 years 425
    65 to 69 years 295
    70 to 74 years 245
    75 to 79 years 180
    80 to 84 years 135
    85 years and over 105
    Median age of the population 46.5
    % of the population aged 15 and over 85.4
  • Marital Status
    Total population 15 years and over by marital status 4580
    Married or living with a common-law partner 2775
    Married (and not separated) 2315
    Living common-law 455
    Not married and not living with a common-law partner 1805
    Single (never legally married) 1045
    Separated 165
    Divorced 255
    Widowed 345
    Family Characteristics
    Total number of census families in private households 1630
    Size of census family: 2 persons 915
    Size of census family: 3 persons 340
    Size of census family: 4 persons 280
    Size of census family: 5 or more persons 90
    Total number of census families in private households 1630
    Total couple families by family structure and number of children 1370
    Married couples 1145
    Without children at home 635
    With children at home 505
    1 child 220
    2 children 230
    3 or more children 60
    Common-law couples 230
    Without children at home 125
    With children at home 100
    1 child 50
    2 children 30
    3 or more children 20
    Total lone-parent families by sex of parent and number of children 260
    Female parent 200
    1 child 125
    2 children 55
    3 or more children 15
    Male parent 60
    1 child 35
    2 children 15
    3 or more children 5
    Total children in census families in private households 1455
    Under six years of age 280
    6 to 14 years 495
    15 to 17 years 220
    18 to 24 years 305
    25 years and over 155
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 5275
    Number of persons not in census families 825
    Living with relatives 105
    Living with non-relatives only 115
    Living alone 605
    Number of census family persons 4450
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 900
    Number of persons not in census families aged 65 years and over 295
    Living with relatives 30
    Living with non-relatives only 25
    Living alone 240
    Number of census family persons aged 65 years and over 605
    Total number of private households by household type 2265
    Census-family households 1600
    One-family-only households 1510
    Couple-family households 1295
    Without children 720
    With children 575
    Lone-parent-family households 210
    Other family households 95
    One-family households with persons not in a census family 70
    Couple-family households 45
    Without children 25
    With children 20
    Lone-parent-family households 25
    Two-or-more-family households 25
    Non-census-family households 665
    One-person households 600
    Two-or-more-person households 60
    Total number of occupied private dwellings by structural type of dwelling 2265
    Single-detached house 1835
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 430
    Semi-detached house 80
    Row house 50
    Apartment, duplex 60
    Apartment, building that has fewer than five storeys 240
    Other single-attached house 5
    Total number of private households by household size 2265
    1 person 605
    2 persons 900
    3 persons 355
    4 persons 300
    5 persons 85
    6 or more persons 30
    Number of persons in private households 5275
    Average number of persons in private households 2.3
Census 2011

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