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Rainy River, ON

Updated: Aug 2016
House
Median price $119,900
Monthly growth 9.09 %
Quarterly trend
Stock on market 3.28%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Rainy River Home Price

Rainy River was Canada’s 4432th most expensive suburb by listed median house price this month.

While the median for Ontario is $349,900 , which means that Rainy River’s median price is $119,900 a lot lower than the rest of the province.

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

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.

When we look at the data we have, it can help with trying to establish whether or not Rainy River 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 Rainy River have stayed pretty much the same which would tend to indicate that demand is steady.

Find a mortgage broker in Rainy River, ON
Beds Median price (House) Median price (Apartment)
2 bedrooms $139,950
3 bedrooms $142,500
4 bedrooms $97,200
Demographics
  • Population in 2011842
  • Population in 2006909
  • 2006 to 2011 population change (%)-7.4
  • Total private dwellings457
  • Private dwellings occupied by usual residents390
  • Population density per square kilometre281.5
  • Land area (square km)2.99

Age Characteristics

Total population by age groups 840
0 to 4 years 45
5 to 9 years 45
10 to 14 years 50
15 to 19 years 50
15 years 10
16 years 10
17 years 5
18 years 5
19 years 15
20 to 24 years 25
25 to 29 years 35
30 to 34 years 35
35 to 39 years 35
40 to 44 years 40
45 to 49 years 50
50 to 54 years 70
55 to 59 years 75
60 to 64 years 60
65 to 69 years 55
70 to 74 years 40
75 to 79 years 30
80 to 84 years 45
85 years and over 55
Median age of the population 50.8
% of the population aged 15 and over 83.9

Marital Status

Total population 15 years and over by marital status 705
Married or living with a common-law partner 400
Married (and not separated) 320
Living common-law 80
Not married and not living with a common-law partner 305
Single (never legally married) 130
Separated 25
Divorced 50
Widowed 100

Family Characteristics

Total number of census families in private households 225
Size of census family: 2 persons 130
Size of census family: 3 persons 35
Size of census family: 4 persons 30
Size of census family: 5 or more persons 25
Total number of census families in private households 225
Total couple families by family structure and number of children 195
Married couples 150
Without children at home 95
With children at home 55
1 child 25
2 children 20
3 or more children 15
Common-law couples 40
Without children at home 15
With children at home 25
1 child 5
2 children 15
3 or more children 5
Total lone-parent families by sex of parent and number of children 30
Female parent 30
1 child 20
2 children 10
3 or more children 0
Male parent 5
1 child 5
2 children 5
3 or more children 0
Total children in census families in private households 210
Under six years of age 50
6 to 14 years 85
15 to 17 years 25
18 to 24 years 30
25 years and over 20
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 815
Number of persons not in census families 185
Living with relatives 20
Living with non-relatives only 10
Living alone 160
Number of census family persons 625
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 205
Number of persons not in census families aged 65 years and over 90
Living with relatives 5
Living with non-relatives only 0
Living alone 85
Number of census family persons aged 65 years and over 110
Total number of private households by household type 390
Census-family households 220
One-family-only households 210
Couple-family households 185
Without children 105
With children 75
Lone-parent-family households 25
Other family households 10
One-family households with persons not in a census family 10
Couple-family households 5
Without children 0
With children 5
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 170
One-person households 160
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 390
Single-detached house 325
Apartment, building that has five or more storeys 0
Movable dwelling 0
Other dwelling 65
Semi-detached house 0
Row house 0
Apartment, duplex 5
Apartment, building that has fewer than five storeys 60
Other single-attached house 0
Total number of private households by household size 390
1 person 160
2 persons 130
3 persons 35
4 persons 35
5 persons 15
6 or more persons 5
Number of persons in private households 815
Average number of persons in private households 2.1

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