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Lanark Highlands, ON

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

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.

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