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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.

Find a mortgage broker in Red Lake, ON
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

Age Characteristics

Total population by age groups 4365
0 to 4 years 280
5 to 9 years 225
10 to 14 years 280
15 to 19 years 305
15 years 65
16 years 50
17 years 75
18 years 60
19 years 50
20 to 24 years 315
25 to 29 years 310
30 to 34 years 300
35 to 39 years 265
40 to 44 years 275
45 to 49 years 345
50 to 54 years 405
55 to 59 years 305
60 to 64 years 280
65 to 69 years 165
70 to 74 years 120
75 to 79 years 80
80 to 84 years 50
85 years and over 65
Median age of the population 38.1
% of the population aged 15 and over 82.1

Marital Status

Total population 15 years and over by marital status 3590
Married or living with a common-law partner 2290
Married (and not separated) 1695
Living common-law 595
Not married and not living with a common-law partner 1295
Single (never legally married) 855
Separated 100
Divorced 140
Widowed 195

Family Characteristics

Total number of census families in private households 1260
Size of census family: 2 persons 640
Size of census family: 3 persons 285
Size of census family: 4 persons 220
Size of census family: 5 or more persons 120
Total number of census families in private households 1260
Total couple families by family structure and number of children 1095
Married couples 805
Without children at home 370
With children at home 435
1 child 175
2 children 170
3 or more children 90
Common-law couples 290
Without children at home 165
With children at home 125
1 child 60
2 children 40
3 or more children 25
Total lone-parent families by sex of parent and number of children 165
Female parent 110
1 child 65
2 children 30
3 or more children 15
Male parent 55
1 child 35
2 children 15
3 or more children 5
Total children in census families in private households 1285
Under six years of age 330
6 to 14 years 430
15 to 17 years 190
18 to 24 years 240
25 years and over 90
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 4215
Number of persons not in census families 580
Living with relatives 50
Living with non-relatives only 125
Living alone 405
Number of census family persons 3640
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 420
Number of persons not in census families aged 65 years and over 140
Living with relatives 10
Living with non-relatives only 5
Living alone 125
Number of census family persons aged 65 years and over 280
Total number of private households by household type 1695
Census-family households 1245
One-family-only households 1185
Couple-family households 1050
Without children 515
With children 535
Lone-parent-family households 130
Other family households 60
One-family households with persons not in a census family 40
Couple-family households 25
Without children 10
With children 10
Lone-parent-family households 20
Two-or-more-family households 15
Non-census-family households 455
One-person households 405
Two-or-more-person households 50
Total number of occupied private dwellings by structural type of dwelling 1700
Single-detached house 1395
Apartment, building that has five or more storeys 0
Movable dwelling 15
Other dwelling 295
Semi-detached house 15
Row house 60
Apartment, duplex 15
Apartment, building that has fewer than five storeys 200
Other single-attached house 10
Total number of private households by household size 1695
1 person 405
2 persons 645
3 persons 280
4 persons 230
5 persons 90
6 or more persons 45
Number of persons in private households 4220
Average number of persons in private households 2.5

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