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Cavan-Millbrook-North Monaghan, ON

Updated: Sep 2014
House
Median price $339,900
Monthly growth
Quarterly trend
Stock on market 0.06%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Cavan-Millbrook-North Monaghan Home Price

Cavan-Millbrook-North Monaghan was Canada’s 1024th most expensive suburb by listed median house price this month.

The $339,900 price tag on the median Cavan-Millbrook-North Monaghan home means that it is quite highly priced by Canadian standards.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Sep this neighbourhood’s most common listing the same as the national average.

According to our stats, Cavan-Millbrook-North Monaghan is the neighbourhood that has the 1138th most properties available to real estate investors in Ontario.

As one of Ontario’s many potential real estate investment neighbourhoods, Cavan-Millbrook-North Monaghan 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.

If you are looking at investment properties in Cavan-Millbrook-North Monaghan, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Sep this neighbourhood’s most common listing the same as the national average.

Can we guarantee how well Cavan-Millbrook-North Monaghan is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Over the last three months in Cavan-Millbrook-North Monaghan, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Demographics
  • Population in 20118601
  • Population in 20068828
  • 2006 to 2011 population change (%)-2.6
  • Total private dwellings3221
  • Private dwellings occupied by usual residents3097
  • Population density per square kilometre28.1
  • Land area (square km)306.22