Real Estate Market Report for
Norboro, PE

Updated : Aug 2016
House
  • Median price $149,200
  • Monthly growth 10.97 %
  • Quarterly trend
  • Stock on market 0.40%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Norboro Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Canada’s national median home listing price this month is $290,900, which means that Norboro is in the bottom 40% for Canada.

The $149,200 price tag on the median Norboro home means that it is below the national norm.

Prince Edward Island 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.

Over the last three months in Norboro, housing stock available seems to be falling – this could mean that homes values might increase faster.

It’s never an exact art, but to try to forecast how property is going to appreciate in Norboro for investors, it’s important to look at data like:

In Norboro, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
4 bedrooms $139,450
Demographics
  • Population in 20111177
  • Population in 20061156
  • 2006 to 2011 population change (%)1.8
  • Total private dwellings497
  • Private dwellings occupied by usual residents444
  • Population density per square kilometre16.3
  • Land area (square km)72.17
  • Age Characteristics
    Total population by age groups 1180
    0 to 4 years 75
    5 to 9 years 70
    10 to 14 years 70
    15 to 19 years 80
    15 years 20
    16 years 15
    17 years 10
    18 years 25
    19 years 10
    20 to 24 years 50
    25 to 29 years 35
    30 to 34 years 60
    35 to 39 years 85
    40 to 44 years 90
    45 to 49 years 110
    50 to 54 years 100
    55 to 59 years 85
    60 to 64 years 85
    65 to 69 years 70
    70 to 74 years 60
    75 to 79 years 25
    80 to 84 years 20
    85 years and over 5
    Median age of the population 43.5
    % of the population aged 15 and over 82.1
  • Marital Status
    Total population 15 years and over by marital status 965
    Married or living with a common-law partner 685
    Married (and not separated) 630
    Living common-law 60
    Not married and not living with a common-law partner 275
    Single (never legally married) 185
    Separated 20
    Divorced 45
    Widowed 25
    Family Characteristics
    Total number of census families in private households 370
    Size of census family: 2 persons 195
    Size of census family: 3 persons 55
    Size of census family: 4 persons 75
    Size of census family: 5 or more persons 35
    Total number of census families in private households 365
    Total couple families by family structure and number of children 340
    Married couples 310
    Without children at home 160
    With children at home 145
    1 child 45
    2 children 70
    3 or more children 35
    Common-law couples 30
    Without children at home 15
    With children at home 10
    1 child 5
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 30
    Female parent 20
    1 child 15
    2 children 0
    3 or more children 5
    Male parent 10
    1 child 5
    2 children 5
    3 or more children 0
    Total children in census families in private households 360
    Under six years of age 85
    6 to 14 years 125
    15 to 17 years 50
    18 to 24 years 75
    25 years and over 25
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 1175
    Number of persons not in census families 105
    Living with relatives 15
    Living with non-relatives only 25
    Living alone 65
    Number of census family persons 1065
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 180
    Number of persons not in census families aged 65 years and over 30
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 20
    Number of census family persons aged 65 years and over 150
    Total number of private households by household type 445
    Census-family households 365
    One-family-only households 345
    Couple-family households 325
    Without children 170
    With children 155
    Lone-parent-family households 20
    Other family households 15
    One-family households with persons not in a census family 10
    Couple-family households 10
    Without children 5
    With children 5
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 80
    One-person households 70
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 445
    Single-detached house 415
    Apartment, building that has five or more storeys 0
    Movable dwelling 20
    Other dwelling 10
    Semi-detached house 5
    Row house 0
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 5
    Other single-attached house 0
    Total number of private households by household size 445
    1 person 65
    2 persons 200
    3 persons 60
    4 persons 75
    5 persons 35
    6 or more persons 10
    Number of persons in private households 1175
    Average number of persons in private households 2.6
Census 2011

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?