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Albemarle, ON

Updated: Aug 2016
House
Median price $234,000
Monthly growth
Quarterly trend
Stock on market 0.03%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Albemarle Home Price

Canada’s national median home listing price this month is $290,900, which means that Albemarle is close to average for Canada.

When our research team crunched the numbers we calculated that Albemarle has a median home price of $234,000.

There are 1145 neighbourhoods that have more properties on sale than Albemarle at the moment in Ontario which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

When we look at the data we have, it can help with trying to establish whether or not Albemarle 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 Albemarle have dried up which would tend to indicate that demand is higher than the supply of new properties.

It’s never an exact art, but to try to forecast how property is going to appreciate in Albemarle 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.

Beds Median price (House) Median price (Apartment)
3 bedrooms $289,000
Demographics
  • Population in 20118413
  • Population in 20068415
  • 2006 to 2011 population change (%)0
  • Total private dwellings6959
  • Private dwellings occupied by usual residents3651
  • Population density per square kilometre15.6
  • Land area (square km)538.32