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Drummond/North Elmsley, ON

Updated: May 2016
House
Median price $302,400
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.06%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Drummond/North Elmsley Home Price

Across the country as a whole, Drummond/North Elmsley is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Drummond/North Elmsley has a median home price of $302,400.

This month we track 1038th neighbourhoods in Ontario, and Drummond/North Elmsley has the 1038th most choice available for real estate investors.

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Can we guarantee how well Drummond/North Elmsley 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.

In Drummond/North Elmsley, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
3 bedrooms $399,000
Demographics
  • Population in 20117487
  • Population in 20067118
  • 2006 to 2011 population change (%)5.2
  • Total private dwellings3478
  • Private dwellings occupied by usual residents2890
  • Population density per square kilometre20.5
  • Land area (square km)366.03