When looking across the province, Palmerston is the 713th most expensive in Ontario.
Palmerston, Ontario has a median house price of $264,900 when compiling all the home listings in Aug .
Ontario has the most amount of properties available to property investors, with Palmerston having 446th most in the province, out of a total of 1145.
Will prices rise across the next year in in Palmerston? There are a number of real estate indicators to consider.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Palmerston, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 15, this month we show 14.
When looking across the province, Palmerston is the 191th most expensive in Ontario.
When our research team crunched the numbers we calculated that Palmerston has a median home price of $79,900.
Across Ontario Palmerston has the 149th most properties on offer with 196.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Palmerston will hopefully provide an indicator to help you where to research in-depth
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 Palmerston have stayed pretty much the same which would tend to indicate that demand is steady.