Canada’s national median home listing price this month is $309,000, which means that Hampden is in the cheapest 20% for Canada.
Hampden, Newfoundland and Labrador has a median house price of $47,450 when compiling all the home listings in Sep .
From our data, it appears that neighbourhood is number 4555th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Hampden 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 Hampden there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Is Hampden a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Hampden, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.