Real Estate Market Report for
Otter Lake, ON

Updated : Oct 2015
House
  • Median price $331,450
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.05%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Otter Lake Home Price

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Across the nation CREW lists data for 4643 neighbourhoods, and this month Otter Lake is number 1084 putting it ahead of most neighbourhoods .

In Oct the median listed house price of $331,450 in Otter Lake was an above average compared to the rest of Ontario.

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.

This month we track 1079th neighbourhoods in Ontario, and Otter Lake has the 1079th most choice available for real estate investors.

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

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Oct this neighbourhood’s most common listing the same as the national average.

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.

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 Otter Lake have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
3 bedrooms $376,950
Demographics
  • Population in 20113988
  • Population in 20064276
  • 2006 to 2011 population change (%)-6.7
  • Total private dwellings4348
  • Private dwellings occupied by usual residents1627
  • Population density per square kilometre6.7
  • Land area (square km)595.42
  • Age Characteristics
    Total population by age groups 3990
    0 to 4 years 165
    5 to 9 years 170
    10 to 14 years 210
    15 to 19 years 235
    15 years 45
    16 years 50
    17 years 45
    18 years 45
    19 years 50
    20 to 24 years 155
    25 to 29 years 155
    30 to 34 years 185
    35 to 39 years 190
    40 to 44 years 215
    45 to 49 years 330
    50 to 54 years 330
    55 to 59 years 360
    60 to 64 years 405
    65 to 69 years 320
    70 to 74 years 255
    75 to 79 years 150
    80 to 84 years 95
    85 years and over 70
    Median age of the population 49.7
    % of the population aged 15 and over 86.2
  • Marital Status
    Total population 15 years and over by marital status 3445
    Married or living with a common-law partner 2380
    Married (and not separated) 2070
    Living common-law 315
    Not married and not living with a common-law partner 1060
    Single (never legally married) 625
    Separated 75
    Divorced 175
    Widowed 185
    Family Characteristics
    Total number of census families in private households 1255
    Size of census family: 2 persons 755
    Size of census family: 3 persons 210
    Size of census family: 4 persons 200
    Size of census family: 5 or more persons 90
    Total number of census families in private households 1255
    Total couple families by family structure and number of children 1165
    Married couples 1000
    Without children at home 610
    With children at home 400
    1 child 160
    2 children 160
    3 or more children 75
    Common-law couples 155
    Without children at home 95
    With children at home 60
    1 child 20
    2 children 30
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 90
    Female parent 75
    1 child 40
    2 children 25
    3 or more children 10
    Male parent 25
    1 child 15
    2 children 5
    3 or more children 0
    Total children in census families in private households 1000
    Under six years of age 190
    6 to 14 years 350
    15 to 17 years 135
    18 to 24 years 205
    25 years and over 120
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 3935
    Number of persons not in census families 520
    Living with relatives 55
    Living with non-relatives only 105
    Living alone 355
    Number of census family persons 3415
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 875
    Number of persons not in census families aged 65 years and over 200
    Living with relatives 25
    Living with non-relatives only 10
    Living alone 165
    Number of census family persons aged 65 years and over 670
    Total number of private households by household type 1625
    Census-family households 1225
    One-family-only households 1140
    Couple-family households 1070
    Without children 650
    With children 420
    Lone-parent-family households 75
    Other family households 85
    One-family households with persons not in a census family 60
    Couple-family households 45
    Without children 25
    With children 25
    Lone-parent-family households 15
    Two-or-more-family households 25
    Non-census-family households 400
    One-person households 355
    Two-or-more-person households 45
    Total number of occupied private dwellings by structural type of dwelling 1630
    Single-detached house 1595
    Apartment, building that has five or more storeys 0
    Movable dwelling 10
    Other dwelling 20
    Semi-detached house 0
    Row house 15
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 1630
    1 person 355
    2 persons 735
    3 persons 210
    4 persons 210
    5 persons 75
    6 or more persons 40
    Number of persons in private households 3935
    Average number of persons in private households 2.4
Census 2011

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