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Burnt River, ON

Updated: Aug 2016
House
Median price $279,900
Monthly growth
Quarterly trend
Stock on market 0.02%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Burnt River Home Price

With a median listing price of $279,900, Burnt River is Canada’s 1684th most expensive when ordered by median listing price.

With Burnt River’s median house price at $279,900 in Aug , it is about average compared to the rest of Ontario.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

From our data, it appears that neighbourhood is number 2634th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 50.

Will prices rise across the next year in in Burnt River? There are a number of real estate indicators to consider.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Burnt River, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 7, this month we show 6.

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

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.

Beds Median price (House) Median price (Apartment)
2 bedrooms $229,900
4 bedrooms $344,450
Demographics
  • Population in 201173214
  • Population in 200674561
  • 2006 to 2011 population change (%)-1.8
  • Total private dwellings37161
  • Private dwellings occupied by usual residents29681
  • Population density per square kilometre23.7
  • Land area (square km)3083.06