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Norwich, ON

Updated: Aug 2016
House
Median price $329,948
Monthly growth
Quarterly trend
Stock on market 0.59%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Norwich Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Norwich is number 1168 putting it ahead of most neighbourhoods .

The median house price listed in Norwich this month is $329,947.

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 Norwich 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 Norwich? There are a number of real estate indicators to consider.

In Norwich, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

When we look at the data we have, it can help with trying to establish whether or not Norwich is a good investment target.

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $329,995
Demographics
  • Population in 201110721
  • Population in 200610481
  • 2006 to 2011 population change (%)2.3
  • Total private dwellings3719
  • Private dwellings occupied by usual residents3596
  • Population density per square kilometre24.9
  • Land area (square km)431.28