The median asking price in Langton is $479,900, a substantial increase over the median three months ago which was $338,250 .
When our research team crunched the numbers we calculated that Langton has a median home price of $479,900.
There are 1145 neighbourhoods that have more properties on sale than Langton at the moment in Ontario which puts the neighbourhood middle range when looking at the number of properties to choose from.
As one of Ontario’s many potential real estate investment neighbourhoods, Langton needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Langton, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 8, this month we show 7.
Will prices rise across the next year in in Langton? There are a number of real estate indicators to consider.
In Langton, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.