Norfolk, Ontario has a median house price of $469,450 when compiling all the home listings in Aug .
If you’re looking at investment properties in Norfolk, then you’re most likely to find homes with 4 bedrooms on sale this month.
There are 1145 neighbourhoods that have more properties on sale than Norfolk at the moment in Ontario which puts the neighbourhood top 40% when looking at the number of properties to choose from.
Can we guarantee how well Norfolk is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
If you are looking at investment properties in Norfolk, 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.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Is Norfolk a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.