Real Estate Market Report for
Serpent River, ON

Updated : Aug 2016
House
  • Median price $132,495
  • Monthly growth -8.62 %
  • Quarterly trend
  • Stock on market 0.54%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Serpent River Home Price

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Across the country as a whole, Serpent River is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

The $132,495 price tag on the median Serpent River home means that it is very cheap in comparison to the rest of the nation.

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.

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

If you are looking at investment properties in Serpent River, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

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

As one of Ontario’s many potential real estate investment neighbourhoods, Serpent River needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

If you are looking at investment properties in Serpent River, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
3 bedrooms $134,945
Demographics
  • Population in 2011509
  • Population in 2006549
  • 2006 to 2011 population change (%)-7.3
  • Total private dwellings370
  • Private dwellings occupied by usual residents237
  • Population density per square kilometre2.1
  • Land area (square km)238.94
  • Age Characteristics
    Total population by age groups 510
    0 to 4 years 10
    5 to 9 years 15
    10 to 14 years 20
    15 to 19 years 25
    15 years 5
    16 years 5
    17 years 5
    18 years 5
    19 years 0
    20 to 24 years 10
    25 to 29 years 10
    30 to 34 years 5
    35 to 39 years 15
    40 to 44 years 20
    45 to 49 years 50
    50 to 54 years 60
    55 to 59 years 70
    60 to 64 years 70
    65 to 69 years 50
    70 to 74 years 45
    75 to 79 years 15
    80 to 84 years 10
    85 years and over 5
    Median age of the population 56.2
    % of the population aged 15 and over 91.6
  • Marital Status
    Total population 15 years and over by marital status 470
    Married or living with a common-law partner 345
    Married (and not separated) 300
    Living common-law 45
    Not married and not living with a common-law partner 125
    Single (never legally married) 60
    Separated 10
    Divorced 25
    Widowed 25
    Family Characteristics
    Total number of census families in private households 170
    Size of census family: 2 persons 130
    Size of census family: 3 persons 20
    Size of census family: 4 persons 15
    Size of census family: 5 or more persons 10
    Total number of census families in private households 175
    Total couple families by family structure and number of children 170
    Married couples 145
    Without children at home 110
    With children at home 35
    1 child 15
    2 children 15
    3 or more children 5
    Common-law couples 25
    Without children at home 15
    With children at home 5
    1 child 5
    2 children 0
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 5
    Female parent 0
    1 child 0
    2 children 5
    3 or more children 0
    Male parent 5
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 80
    Under six years of age 10
    6 to 14 years 25
    15 to 17 years 15
    18 to 24 years 20
    25 years and over 10
    Average number of children at home per census family 0.5
  • Household And Dwelling Characteristics
    Total number of persons in private households 500
    Number of persons not in census families 80
    Living with relatives 10
    Living with non-relatives only 15
    Living alone 55
    Number of census family persons 425
    Average number of persons per census family 2.5
    Total number of persons 65 years and over in private households 125
    Number of persons not in census families aged 65 years and over 30
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 25
    Number of census family persons aged 65 years and over 95
    Total number of private households by household type 235
    Census-family households 170
    One-family-only households 165
    Couple-family households 165
    Without children 125
    With children 40
    Lone-parent-family households 0
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 0
    With children 5
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 65
    One-person households 55
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 240
    Single-detached house 225
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 0
    Semi-detached house 0
    Row house 0
    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 240
    1 person 55
    2 persons 135
    3 persons 20
    4 persons 15
    5 persons 5
    6 or more persons 5
    Number of persons in private households 500
    Average number of persons in private households 2.1
Census 2011

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