Real Estate Market Report for
Norris Arm, NL

Updated : Aug 2016
House
  • Median price $189,900
  • Monthly growth 15.47 %
  • Quarterly trend
  • Stock on market 1.65%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Norris Arm Home Price

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The median asking price in Norris Arm is $189,900, pretty close to the median three months ago which was $139,000 .

With Norris Arm’s median house price at $189,900 in Aug , it is about average compared to the rest of Newfoundland and Labrador.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

Will prices rise across the next year in in Norris Arm? There are a number of real estate indicators to consider.

If you are looking at investment properties in Norris Arm, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.

Can we guarantee how well Norris Arm 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 Norris Arm, 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.

Beds Median price (House) Median price (Apartment)
3 bedrooms $164,450
4 bedrooms $339,000
Demographics
  • Land area (square km)41.49
  • Population in 2011912
  • Population in 2006911
  • 2006 to 2011 population change (%)0.1
  • Total private dwellings545
  • Private dwellings occupied by usual residents385
  • Population density per square kilometre22
  • Age Characteristics
    Total population by age groups 910
    0 to 4 years 35
    5 to 9 years 45
    10 to 14 years 55
    15 to 19 years 55
    15 years 15
    16 years 10
    17 years 15
    18 years 15
    19 years 10
    20 to 24 years 25
    25 to 29 years 20
    30 to 34 years 35
    35 to 39 years 45
    40 to 44 years 75
    45 to 49 years 90
    50 to 54 years 85
    55 to 59 years 90
    60 to 64 years 95
    65 to 69 years 55
    70 to 74 years 55
    75 to 79 years 25
    80 to 84 years 15
    85 years and over 10
    Median age of the population 49.1
    % of the population aged 15 and over 85.4
  • Marital Status
    Total population 15 years and over by marital status 780
    Married or living with a common-law partner 545
    Married (and not separated) 490
    Living common-law 60
    Not married and not living with a common-law partner 240
    Single (never legally married) 135
    Separated 30
    Divorced 35
    Widowed 45
    Family Characteristics
    Total number of census families in private households 310
    Size of census family: 2 persons 190
    Size of census family: 3 persons 55
    Size of census family: 4 persons 50
    Size of census family: 5 or more persons 10
    Total number of census families in private households 310
    Total couple families by family structure and number of children 270
    Married couples 245
    Without children at home 145
    With children at home 90
    1 child 40
    2 children 45
    3 or more children 5
    Common-law couples 30
    Without children at home 15
    With children at home 15
    1 child 5
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 40
    Female parent 30
    1 child 20
    2 children 10
    3 or more children 0
    Male parent 10
    1 child 10
    2 children 0
    3 or more children 0
    Total children in census families in private households 230
    Under six years of age 40
    6 to 14 years 85
    15 to 17 years 35
    18 to 24 years 35
    25 years and over 25
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 905
    Number of persons not in census families 100
    Living with relatives 15
    Living with non-relatives only 15
    Living alone 75
    Number of census family persons 805
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 165
    Number of persons not in census families aged 65 years and over 35
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 25
    Number of census family persons aged 65 years and over 130
    Total number of private households by household type 385
    Census-family households 300
    One-family-only households 290
    Couple-family households 260
    Without children 160
    With children 100
    Lone-parent-family households 30
    Other family households 20
    One-family households with persons not in a census family 10
    Couple-family households 5
    Without children 0
    With children 0
    Lone-parent-family households 10
    Two-or-more-family households 5
    Non-census-family households 80
    One-person households 75
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 385
    Single-detached house 380
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 0
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 5
    Other single-attached house 0
    Total number of private households by household size 385
    1 person 75
    2 persons 190
    3 persons 55
    4 persons 50
    5 persons 15
    6 or more persons 5
    Number of persons in private households 905
    Average number of persons in private households 2.4
Census 2011

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