The $246,950 price tag on the median Black River home means that it is about average price.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Nov this neighbourhood’s most common listing the same as the national average.
From our data, it appears that neighbourhood is number 3849th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
Is Black River a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
When we look at the data we have, it can help with trying to establish whether or not Black River is a good investment target.
Over the last three months in Black River, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.