With a median listing price of $242,500, Rodney is Canada’s 2187th most expensive when ordered by median listing price.
In Aug the median listed house price of $242,500 in Rodney was a below average compared to the rest of Ontario.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
This month we track 392th neighbourhoods in Ontario, and Rodney has the 392th most choice available for real estate investors.
It’s never an exact art, but to try to forecast how property is going to appreciate in Rodney for investors, it’s important to look at data like:
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 Rodney have dried up which would tend to indicate that demand is higher than the supply of new properties.
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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Rodney there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.