Real Estate Market Report for
Prescott, ON

Updated : Aug 2016
House
  • Median price $224,900
  • Monthly growth 125.12 %
  • Quarterly trend
  • Stock on market 3.83%
Apartment
  • Median price $244,500
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.92%
Prescott Home Price

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Across the country as a whole, Prescott is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

Want a cheaply priced house? Then at $224,900 this month, Prescott, Ontario is somewhere that you should look at price wise.

If you’re looking at investment properties in Prescott, then you’re most likely to find homes with 3 bedrooms on sale this month.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Prescott will hopefully provide an indicator to help you where to research in-depth

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.

When looking across the province, Prescott is the 111th most expensive in Ontario.

The $244,500 price tag on the median Prescott home means that it is above the cost of most houses in the country.

From our data, it appears that neighbourhood is number 286th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Prescott there is more stock than three months ago. This would indicate pressure on prices easing.

Beds Median price (House) Median price (Apartment)
2 bedrooms $239,000
3 bedrooms $185,881
4 bedrooms $139,900
5 bedrooms $161,450
Demographics
  • Population in 20114284
  • Population in 20064180
  • 2006 to 2011 population change (%)2.5
  • Total private dwellings2063
  • Private dwellings occupied by usual residents1944
  • Population density per square kilometre865.3
  • Land area (square km)4.95
  • Age Characteristics
    Total population by age groups 4285
    0 to 4 years 230
    5 to 9 years 245
    10 to 14 years 255
    15 to 19 years 240
    15 years 45
    16 years 55
    17 years 50
    18 years 55
    19 years 40
    20 to 24 years 170
    25 to 29 years 200
    30 to 34 years 230
    35 to 39 years 235
    40 to 44 years 245
    45 to 49 years 315
    50 to 54 years 330
    55 to 59 years 300
    60 to 64 years 295
    65 to 69 years 230
    70 to 74 years 200
    75 to 79 years 205
    80 to 84 years 180
    85 years and over 180
    Median age of the population 46.7
    % of the population aged 15 and over 83.1
  • Marital Status
    Total population 15 years and over by marital status 3560
    Married or living with a common-law partner 1900
    Married (and not separated) 1540
    Living common-law 365
    Not married and not living with a common-law partner 1660
    Single (never legally married) 755
    Separated 155
    Divorced 320
    Widowed 425
    Family Characteristics
    Total number of census families in private households 1185
    Size of census family: 2 persons 695
    Size of census family: 3 persons 225
    Size of census family: 4 persons 195
    Size of census family: 5 or more persons 75
    Total number of census families in private households 1190
    Total couple families by family structure and number of children 930
    Married couples 750
    Without children at home 450
    With children at home 300
    1 child 115
    2 children 140
    3 or more children 50
    Common-law couples 185
    Without children at home 95
    With children at home 85
    1 child 30
    2 children 30
    3 or more children 25
    Total lone-parent families by sex of parent and number of children 260
    Female parent 205
    1 child 110
    2 children 65
    3 or more children 25
    Male parent 50
    1 child 35
    2 children 15
    3 or more children 0
    Total children in census families in private households 1140
    Under six years of age 285
    6 to 14 years 435
    15 to 17 years 135
    18 to 24 years 180
    25 years and over 110
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 4160
    Number of persons not in census families 900
    Living with relatives 75
    Living with non-relatives only 105
    Living alone 720
    Number of census family persons 3260
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 890
    Number of persons not in census families aged 65 years and over 375
    Living with relatives 30
    Living with non-relatives only 15
    Living alone 330
    Number of census family persons aged 65 years and over 515
    Total number of private households by household type 1945
    Census-family households 1175
    One-family-only households 1090
    Couple-family households 875
    Without children 520
    With children 360
    Lone-parent-family households 210
    Other family households 80
    One-family households with persons not in a census family 70
    Couple-family households 35
    Without children 20
    With children 20
    Lone-parent-family households 30
    Two-or-more-family households 15
    Non-census-family households 770
    One-person households 720
    Two-or-more-person households 50
    Total number of occupied private dwellings by structural type of dwelling 1945
    Single-detached house 1070
    Apartment, building that has five or more storeys 5
    Movable dwelling 0
    Other dwelling 875
    Semi-detached house 140
    Row house 130
    Apartment, duplex 40
    Apartment, building that has fewer than five storeys 555
    Other single-attached house 5
    Total number of private households by household size 1945
    1 person 715
    2 persons 695
    3 persons 220
    4 persons 210
    5 persons 60
    6 or more persons 40
    Number of persons in private households 4160
    Average number of persons in private households 2.1
Census 2011

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