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North Algona, ON

Updated: Dec 2015
House
Median price $194,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.12%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

North Algona Home Price

With a median listing price of $194,900, North Algona is Canada’s 2409th most expensive when ordered by median listing price.

The $194,900 price tag on the median North Algona home means that it is about average price.

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.

There are 1123 neighbourhoods that have more properties on sale than North Algona 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, North Algona 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in North Algona there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for North Algona will hopefully provide an indicator to help you where to research in-depth

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Demographics
  • Population in 20112873
  • Population in 20062840
  • 2006 to 2011 population change (%)1.2
  • Total private dwellings1668
  • Private dwellings occupied by usual residents1183
  • Population density per square kilometre7.6
  • Land area (square km)378.53