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Dorchester, ON

Updated: Aug 2016
House
Median price $356,000
Monthly growth
Quarterly trend
Stock on market 0.48%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Dorchester Home Price

When our research team crunched the numbers we calculated that Dorchester has a median home price of $356,000.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

Ontario has the most amount of properties available to property investors, with Dorchester having 317th most in the province, out of a total of 1145.

As one of Ontario’s many potential real estate investment neighbourhoods, Dorchester needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

If you are looking at investment properties in Dorchester, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

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

As one of Ontario’s many potential real estate investment neighbourhoods, Dorchester needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

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.

Beds Median price (House) Median price (Apartment)
2 bedrooms $352,000
3 bedrooms $339,900
Demographics
  • Population in 201113000
  • Population in 200613085
  • 2006 to 2011 population change (%)-0.6
  • Total private dwellings4836
  • Private dwellings occupied by usual residents4726
  • Population density per square kilometre30
  • Land area (square km)433.95