Real Estate Market Report for
Lanark Highlands, ON

Home Top NeighbourhoodsLanark Highlands, Ontario

Updated : Aug 2016

House

Median price $319,900
Monthly growth 198.97 %
Quarterly trend
Stock on market 0.50%

Apartment

Median price
Monthly growth
Quarterly trend
Stock on market

Lanark Highlands Home Price

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House Report
Apartment Report

The median asking price in Lanark Highlands is $319,900, an improvement on the median three months ago which was $229,000 .

With Lanark Highlands’s median house price at $319,900 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.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lanark Highlands has more than the average number to choose from compared to the rest of the province

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

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 Lanark Highlands have increased which would tend to indicate that demand is not as high as supply.

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

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

Research property data for another neighbourhood

Beds	Median price (House)	Median price (Apartment)
2 bedrooms	$198,500
3 bedrooms	$354,450
4 bedrooms	$289,900

Demographics

Population in 20115128
Population in 20065180
2006 to 2011 population change (%)-1
Total private dwellings3182
Private dwellings occupied by usual residents2126
Population density per square kilometre4.9
Land area (square km)1048.19

Age Characteristics

Total population by age groups	5130
0 to 4 years	215
5 to 9 years	205
10 to 14 years	250
15 to 19 years	280
15 years	40
16 years	55
17 years	65
18 years	60
19 years	55
20 to 24 years	275
25 to 29 years	235
30 to 34 years	205
35 to 39 years	255
40 to 44 years	305
45 to 49 years	445
50 to 54 years	500
55 to 59 years	510
60 to 64 years	495
65 to 69 years	335
70 to 74 years	235
75 to 79 years	180
80 to 84 years	120
85 years and over	60
Median age of the population	48.8
% of the population aged 15 and over	86.8

Marital Status

Total population 15 years and over by marital status	4455
Married or living with a common-law partner	2985
Married (and not separated)	2500
Living common-law	480
Not married and not living with a common-law partner	1470
Single (never legally married)	875
Separated	120
Divorced	245
Widowed	230

Family Characteristics

Total number of census families in private households	1650
Size of census family: 2 persons	990
Size of census family: 3 persons	325
Size of census family: 4 persons	225
Size of census family: 5 or more persons	105
Total number of census families in private households	1650
Total couple families by family structure and number of children	1475
Married couples	1235
Without children at home	710
With children at home	525
1 child	235
2 children	195
3 or more children	90
Common-law couples	235
Without children at home	155
With children at home	85
1 child	50
2 children	20
3 or more children	10
Total lone-parent families by sex of parent and number of children	170
Female parent	110
1 child	80
2 children	30
3 or more children	0
Male parent	60
1 child	45
2 children	15
3 or more children	0
Total children in census families in private households	1320
Under six years of age	255
6 to 14 years	415
15 to 17 years	165
18 to 24 years	320
25 years and over	175
Average number of children at home per census family	0.8

Household And Dwelling Characteristics

Total number of persons in private households	5100
Number of persons not in census families	650
Living with relatives	85
Living with non-relatives only	105
Living alone	460
Number of census family persons	4445
Average number of persons per census family	2.7
Total number of persons 65 years and over in private households	920
Number of persons not in census families aged 65 years and over	240
Living with relatives	45
Living with non-relatives only	15
Living alone	185
Number of census family persons aged 65 years and over	680
Total number of private households by household type	2130
Census-family households	1620
One-family-only households	1510
Couple-family households	1375
Without children	815
With children	560
Lone-parent-family households	140
Other family households	105
One-family households with persons not in a census family	85
Couple-family households	65
Without children	30
With children	35
Lone-parent-family households	15
Two-or-more-family households	30
Non-census-family households	505
One-person households	460
Two-or-more-person households	45
Total number of occupied private dwellings by structural type of dwelling	2130
Single-detached house	2020
Apartment, building that has five or more storeys	0
Movable dwelling	30
Other dwelling	80
Semi-detached house	20
Row house	0
Apartment, duplex	5
Apartment, building that has fewer than five storeys	40
Other single-attached house	5
Total number of private households by household size	2125
1 person	460
2 persons	950
3 persons	350
4 persons	235
5 persons	95
6 or more persons	45
Number of persons in private households	5100
Average number of persons in private households	2.4