Across the country as a whole, Napanee is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
In Aug the median listed house price of $239,338 in Napanee was a below average compared to the rest of Ontario.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
There are 1145 neighbourhoods that have more properties on sale than Napanee at the moment in Ontario which puts the neighbourhood in the top 20% 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 Napanee will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Napanee, 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.
With a median listing price of $189,900, Napanee is Canada’s 623th most expensive when ordered by median listing price.
Want a cheaply priced house? Then at $189,900 this month, Napanee, Ontario is somewhere that you should look at price wise.
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.
From our data, it appears that neighbourhood is number 449th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.
It’s never an exact art, but to try to forecast how property is going to appreciate in Napanee for investors, it’s important to look at data like:
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Napanee have increased which would tend to indicate that demand is not as high as supply.