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Red Lake, ON

Updated: Aug 2016
House
Median price $201,500
Monthly growth 4.94 %
Quarterly trend
Stock on market 0.41%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Red Lake Home Price

The median house price listed in Red Lake this month is $201,500.

Across Ontario Red Lake has the 597th most properties on offer with 1145.

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

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Red Lake there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
3 bedrooms $198,000
Demographics
  • Population in 20114366
  • Population in 20064526
  • 2006 to 2011 population change (%)-3.5
  • Total private dwellings1971
  • Private dwellings occupied by usual residents1699
  • Population density per square kilometre7.2
  • Land area (square km)610.38