Real Estate Market Report for
Westmeath, ON

Updated : Aug 2016
House
  • Median price $179,900
  • Monthly growth 80.08 %
  • Quarterly trend
  • Stock on market 0.67%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Westmeath Home Price

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With a median listing price of $179,900, Westmeath is Canada’s 3261th most expensive when ordered by median listing price.

The $179,900 price tag on the median Westmeath home means that it is below the national norm.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Westmeath has more than the average number to choose from compared to the rest of the province

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

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 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.

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
2 bedrooms $171,450
3 bedrooms $181,000
4 bedrooms $244,900
Demographics
  • 2006 to 2011 population change (%)4.4
  • Total private dwellings3284
  • Private dwellings occupied by usual residents2687
  • Population density per square kilometre12.9
  • Land area (square km)537.96
  • Population in 20116921
  • Population in 20066631
  • Age Characteristics
    Total population by age groups 6920
    0 to 4 years 380
    5 to 9 years 350
    10 to 14 years 450
    15 to 19 years 460
    15 years 95
    16 years 90
    17 years 100
    18 years 90
    19 years 80
    20 to 24 years 370
    25 to 29 years 345
    30 to 34 years 365
    35 to 39 years 365
    40 to 44 years 395
    45 to 49 years 570
    50 to 54 years 620
    55 to 59 years 535
    60 to 64 years 490
    65 to 69 years 390
    70 to 74 years 275
    75 to 79 years 215
    80 to 84 years 160
    85 years and over 185
    Median age of the population 44.8
    % of the population aged 15 and over 83
  • Marital Status
    Total population 15 years and over by marital status 5745
    Married or living with a common-law partner 3770
    Married (and not separated) 3220
    Living common-law 550
    Not married and not living with a common-law partner 1970
    Single (never legally married) 1160
    Separated 130
    Divorced 265
    Widowed 415
    Family Characteristics
    Total number of census families in private households 2085
    Size of census family: 2 persons 1120
    Size of census family: 3 persons 410
    Size of census family: 4 persons 370
    Size of census family: 5 or more persons 190
    Total number of census families in private households 2085
    Total couple families by family structure and number of children 1865
    Married couples 1585
    Without children at home 825
    With children at home 760
    1 child 280
    2 children 315
    3 or more children 165
    Common-law couples 275
    Without children at home 155
    With children at home 120
    1 child 65
    2 children 35
    3 or more children 20
    Total lone-parent families by sex of parent and number of children 220
    Female parent 160
    1 child 90
    2 children 50
    3 or more children 20
    Male parent 60
    1 child 50
    2 children 15
    3 or more children 5
    Total children in census families in private households 2015
    Under six years of age 440
    6 to 14 years 715
    15 to 17 years 265
    18 to 24 years 415
    25 years and over 180
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 6755
    Number of persons not in census families 795
    Living with relatives 95
    Living with non-relatives only 95
    Living alone 600
    Number of census family persons 5965
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 1090
    Number of persons not in census families aged 65 years and over 310
    Living with relatives 30
    Living with non-relatives only 10
    Living alone 275
    Number of census family persons aged 65 years and over 775
    Total number of private households by household type 2690
    Census-family households 2045
    One-family-only households 1920
    Couple-family households 1755
    Without children 920
    With children 835
    Lone-parent-family households 165
    Other family households 125
    One-family households with persons not in a census family 85
    Couple-family households 60
    Without children 30
    With children 30
    Lone-parent-family households 25
    Two-or-more-family households 40
    Non-census-family households 640
    One-person households 600
    Two-or-more-person households 40
    Total number of occupied private dwellings by structural type of dwelling 2690
    Single-detached house 2485
    Apartment, building that has five or more storeys 0
    Movable dwelling 10
    Other dwelling 195
    Semi-detached house 5
    Row house 10
    Apartment, duplex 25
    Apartment, building that has fewer than five storeys 150
    Other single-attached house 0
    Total number of private households by household size 2690
    1 person 600
    2 persons 1060
    3 persons 415
    4 persons 380
    5 persons 160
    6 or more persons 70
    Number of persons in private households 6755
    Average number of persons in private households 2.5
Census 2011

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