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Rainham Centre, ON

Updated: Apr 2016
House
Median price $452,400
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.01%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Rainham Centre Home Price

While the median for Ontario is $375,000 , which means that Rainham Centre’s median price is $452,400 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.

From our data, it appears that neighbourhood is number 3618th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.

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

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Apr this neighbourhood’s most common listing the same as the national average.

Is Rainham Centre a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

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 201144876
  • Population in 200645212
  • 2006 to 2011 population change (%)-0.7
  • Total private dwellings19108
  • Private dwellings occupied by usual residents16822
  • Population density per square kilometre35.9
  • Land area (square km)1251.57