When our research team crunched the numbers we calculated that Nilestown has a median home price of $369,900.
There are 1341 neighbourhoods that have more properties on sale than Nilestown at the moment in Ontario which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
It’s never an exact art, but to try to forecast how property is going to appreciate in Nilestown for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Nilestown there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
If you are looking at investment properties in Nilestown, 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.