Middle Cove, NL

Updated: Aug 2016
House
Median price $534,900
Monthly growth -1.39 %
Quarterly trend
Stock on market 0.27%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Middle Cove Home Price

Want a cheaply priced house? Then at $534,900 this month, Middle Cove, Newfoundland and Labrador is definitely not for you price wise.

According to our stats, Middle Cove is the neighbourhood that has the 138th most properties available to real estate investors in Newfoundland and Labrador.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Middle Cove there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Newfoundland and Labrador has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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 Middle Cove have stayed pretty much the same which would tend to indicate that demand is steady.

Demographics
  • Population in 20112098
  • Population in 20061978
  • 2006 to 2011 population change (%)6.1
  • Total private dwellings744
  • Private dwellings occupied by usual residents725
  • Population density per square kilometre123.6
  • Land area (square km)16.98