Canada’s national median home listing price this month is $290,900, which means that Zenon Park is in the cheapest 20% for Canada.
When our research team crunched the numbers we calculated that Zenon Park has a median home price of $99,999.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 4.
When we look at the data we have, it can help with trying to establish whether or not Zenon Park is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Zenon Park there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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.
Is Zenon Park a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Zenon Park, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.