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Mount Forest, ON

Updated: Aug 2016
House
Median price $324,900
Monthly growth 166.52 %
Quarterly trend
Stock on market 0.46%
Apartment
Median price $329,900
Monthly growth
Quarterly trend
Stock on market 0.06%

Mount Forest Home Price

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

While the median for Ontario is $349,900 , which means that Mount Forest’s median price is $324,900 considerably better than the rest of the province.

Investors looking for properties in Mount Forest are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.

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

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

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

Mount Forest was Canada’s 151th most expensive suburb by listed median house price this month.

While the median for Ontario is $335,000 , which means that Mount Forest’s median price is $329,900 considerably better than the rest of the province.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Mount Forest has fewer than average compared to the rest of the province

Will prices rise across the next year in in Mount Forest? 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 Mount Forest, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 2, this month we show 3.

Beds Median price (House) Median price (Apartment)
2 bedrooms $277,400
3 bedrooms $309,900
Demographics
  • Population in 201111477
  • Population in 200611175
  • 2006 to 2011 population change (%)2.7
  • Total private dwellings4801
  • Private dwellings occupied by usual residents4450
  • Population density per square kilometre21.8
  • Land area (square km)526.28