The $239,900 price tag on the median Kerns home means that it is about average price.
There are 1227 neighbourhoods that have more properties on sale than Kerns at the moment in Ontario which puts the neighbourhood lowest fifth 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 Kerns will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
When we look at the data we have, it can help with trying to establish whether or not Kerns is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Kerns there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.