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Mount Salem, ON

Updated: Mar 2016
House
Median price $202,400
Monthly growth -1.22 %
Quarterly trend
Stock on market 0.07%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Mount Salem Home Price

Mount Salem was Canada’s 2343th most expensive suburb by listed median house price this month.

The median house price listed in Mount Salem this month is $202,400.

There are 1127 neighbourhoods that have more properties on sale than Mount Salem at the moment in Ontario which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

As one of Ontario’s many potential real estate investment neighbourhoods, Mount Salem 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 Mount Salem have stayed pretty much the same which would tend to indicate that demand is steady.

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

Demographics
  • Population in 20119146
  • Population in 20068828
  • 2006 to 2011 population change (%)3.6
  • Total private dwellings3007
  • Private dwellings occupied by usual residents2808
  • Population density per square kilometre23.2
  • Land area (square km)395.08