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Casselman, ON

Updated: Aug 2016
House
Median price $284,200
Monthly growth
Quarterly trend
Stock on market 3.88%
Apartment
Median price $219,900
Monthly growth
Quarterly trend
Stock on market 0.74%

Casselman Home Price

The median asking price in Casselman is $284,200, an improvement on the median three months ago which was $299,900 .

When our research team crunched the numbers we calculated that Casselman has a median home price of $284,200.

If you’re looking at investment properties in Casselman, then you’re most likely to find homes with 3 bedrooms on sale this month.

Ontario has the most amount of properties available to property investors, with Casselman having 148th most in the province, out of a total of 1145.

As one of Ontario’s many potential real estate investment neighbourhoods, Casselman 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Casselman there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Casselman was Canada’s 470th most expensive suburb by listed median house price this month.

With Casselman’s median house price at $219,900 in Aug , it is below average compared to the rest of Ontario.

There are 196 neighbourhoods that have more properties on sale than Casselman at the moment in Ontario which puts the neighbourhood top 40% when looking at the number of properties to choose from.

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

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 Casselman, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 10, this month we show 11.

Beds Median price (House) Median price (Apartment)
3 bedrooms $245,400
Demographics
  • Population in 20113626
  • Population in 20063275
  • 2006 to 2011 population change (%)10.7
  • Total private dwellings1494
  • Private dwellings occupied by usual residents1432
  • Population density per square kilometre701.5
  • Land area (square km)5.17