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Fordwich, ON

Updated: Aug 2016
House
Median price $184,900
Monthly growth 72.80 %
Quarterly trend
Stock on market 0.68%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Fordwich Home Price

Canada’s national median home listing price this month is $290,900, which means that Fordwich is in the bottom 40% for Canada.

While the median for Ontario is $349,900 , which means that Fordwich’s median price is $184,900 below average than the rest of the province.

Will prices rise across the next year in in Fordwich? 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 Fordwich, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 7, this month we show 9.

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

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Fordwich have stayed pretty much the same which would tend to indicate that demand is steady.

Find a mortgage broker in Fordwich, ON
Beds Median price (House) Median price (Apartment)
3 bedrooms $197,400
Demographics
  • Population in 20113856
  • Population in 20063882
  • 2006 to 2011 population change (%)-0.7
  • Total private dwellings1323
  • Private dwellings occupied by usual residents1253
  • Population density per square kilometre13.4
  • Land area (square km)287.18

Age Characteristics

Total population by age groups 3855
0 to 4 years 365
5 to 9 years 310
10 to 14 years 290
15 to 19 years 310
15 years 55
16 years 65
17 years 70
18 years 60
19 years 60
20 to 24 years 245
25 to 29 years 210
30 to 34 years 200
35 to 39 years 215
40 to 44 years 195
45 to 49 years 280
50 to 54 years 250
55 to 59 years 215
60 to 64 years 230
65 to 69 years 175
70 to 74 years 125
75 to 79 years 100
80 to 84 years 80
85 years and over 50
Median age of the population 34.7
% of the population aged 15 and over 74.9

Marital Status

Total population 15 years and over by marital status 2890
Married or living with a common-law partner 1915
Married (and not separated) 1730
Living common-law 185
Not married and not living with a common-law partner 975
Single (never legally married) 705
Separated 50
Divorced 70
Widowed 145

Family Characteristics

Total number of census families in private households 1020
Size of census family: 2 persons 450
Size of census family: 3 persons 190
Size of census family: 4 persons 170
Size of census family: 5 or more persons 215
Total number of census families in private households 1025
Total couple families by family structure and number of children 950
Married couples 860
Without children at home 365
With children at home 490
1 child 145
2 children 145
3 or more children 200
Common-law couples 90
Without children at home 50
With children at home 40
1 child 20
2 children 15
3 or more children 5
Total lone-parent families by sex of parent and number of children 75
Female parent 55
1 child 30
2 children 15
3 or more children 10
Male parent 20
1 child 5
2 children 10
3 or more children 0
Total children in census families in private households 1515
Under six years of age 430
6 to 14 years 525
15 to 17 years 180
18 to 24 years 290
25 years and over 90
Average number of children at home per census family 1.5

Household And Dwelling Characteristics

Total number of persons in private households 3820
Number of persons not in census families 335
Living with relatives 70
Living with non-relatives only 40
Living alone 220
Number of census family persons 3485
Average number of persons per census family 3.4
Total number of persons 65 years and over in private households 500
Number of persons not in census families aged 65 years and over 120
Living with relatives 15
Living with non-relatives only 5
Living alone 100
Number of census family persons aged 65 years and over 385
Total number of private households by household type 1250
Census-family households 1010
One-family-only households 950
Couple-family households 895
Without children 390
With children 505
Lone-parent-family households 55
Other family households 60
One-family households with persons not in a census family 50
Couple-family households 35
Without children 15
With children 20
Lone-parent-family households 5
Two-or-more-family households 15
Non-census-family households 240
One-person households 220
Two-or-more-person households 25
Total number of occupied private dwellings by structural type of dwelling 1255
Single-detached house 1120
Apartment, building that has five or more storeys 0
Movable dwelling 20
Other dwelling 115
Semi-detached house 35
Row house 30
Apartment, duplex 10
Apartment, building that has fewer than five storeys 40
Other single-attached house 5
Total number of private households by household size 1255
1 person 220
2 persons 435
3 persons 195
4 persons 175
5 persons 110
6 or more persons 115
Number of persons in private households 3825
Average number of persons in private households 3

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

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