Real Estate Market Report for
Rainy River, ON

Updated : Aug 2016
House
  • Median price $119,900
  • Monthly growth 9.09 %
  • Quarterly trend
  • Stock on market 3.28%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Rainy River Home Price

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Rainy River was Canada’s 4432th most expensive suburb by listed median house price this month.

While the median for Ontario is $349,900 , which means that Rainy River’s median price is $119,900 a lot lower than the rest of the province.

When we look at the data we have, it can help with trying to establish whether or not Rainy River is a good investment target.

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 we look at the data we have, it can help with trying to establish whether or not Rainy River is a good investment target.

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

Beds Median price (House) Median price (Apartment)
2 bedrooms $139,950
3 bedrooms $142,500
4 bedrooms $97,200
Demographics
  • Population in 2011842
  • Population in 2006909
  • 2006 to 2011 population change (%)-7.4
  • Total private dwellings457
  • Private dwellings occupied by usual residents390
  • Population density per square kilometre281.5
  • Land area (square km)2.99
  • Age Characteristics
    Total population by age groups 840
    0 to 4 years 45
    5 to 9 years 45
    10 to 14 years 50
    15 to 19 years 50
    15 years 10
    16 years 10
    17 years 5
    18 years 5
    19 years 15
    20 to 24 years 25
    25 to 29 years 35
    30 to 34 years 35
    35 to 39 years 35
    40 to 44 years 40
    45 to 49 years 50
    50 to 54 years 70
    55 to 59 years 75
    60 to 64 years 60
    65 to 69 years 55
    70 to 74 years 40
    75 to 79 years 30
    80 to 84 years 45
    85 years and over 55
    Median age of the population 50.8
    % of the population aged 15 and over 83.9
  • Marital Status
    Total population 15 years and over by marital status 705
    Married or living with a common-law partner 400
    Married (and not separated) 320
    Living common-law 80
    Not married and not living with a common-law partner 305
    Single (never legally married) 130
    Separated 25
    Divorced 50
    Widowed 100
    Family Characteristics
    Total number of census families in private households 225
    Size of census family: 2 persons 130
    Size of census family: 3 persons 35
    Size of census family: 4 persons 30
    Size of census family: 5 or more persons 25
    Total number of census families in private households 225
    Total couple families by family structure and number of children 195
    Married couples 150
    Without children at home 95
    With children at home 55
    1 child 25
    2 children 20
    3 or more children 15
    Common-law couples 40
    Without children at home 15
    With children at home 25
    1 child 5
    2 children 15
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 30
    Female parent 30
    1 child 20
    2 children 10
    3 or more children 0
    Male parent 5
    1 child 5
    2 children 5
    3 or more children 0
    Total children in census families in private households 210
    Under six years of age 50
    6 to 14 years 85
    15 to 17 years 25
    18 to 24 years 30
    25 years and over 20
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 815
    Number of persons not in census families 185
    Living with relatives 20
    Living with non-relatives only 10
    Living alone 160
    Number of census family persons 625
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 205
    Number of persons not in census families aged 65 years and over 90
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 85
    Number of census family persons aged 65 years and over 110
    Total number of private households by household type 390
    Census-family households 220
    One-family-only households 210
    Couple-family households 185
    Without children 105
    With children 75
    Lone-parent-family households 25
    Other family households 10
    One-family households with persons not in a census family 10
    Couple-family households 5
    Without children 0
    With children 5
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 170
    One-person households 160
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 390
    Single-detached house 325
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 65
    Semi-detached house 0
    Row house 0
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 60
    Other single-attached house 0
    Total number of private households by household size 390
    1 person 160
    2 persons 130
    3 persons 35
    4 persons 35
    5 persons 15
    6 or more persons 5
    Number of persons in private households 815
    Average number of persons in private households 2.1
Census 2011

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