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Elora, ON

Updated: Aug 2016
House
Median price $724,900
Monthly growth
Quarterly trend
Stock on market 0.10%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Elora Home Price

Elora was Canada’s 147th most expensive suburb by listed median house price this month.

Want a cheaply priced house? Then at $724,900 this month, Elora, Ontario is definitely not for you price wise.

There are 1145 neighbourhoods that have more properties on sale than Elora at the moment in Ontario which puts the neighbourhood middle range 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 Elora is a good investment target.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Elora there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

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

In Elora, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Find a mortgage broker in Elora, ON
Beds Median price (House) Median price (Apartment)
2 bedrooms $469,900
3 bedrooms $392,400
4 bedrooms $602,450
Demographics
  • Population in 201126693
  • Population in 200626049
  • 2006 to 2011 population change (%)2.5
  • Total private dwellings10729
  • Private dwellings occupied by usual residents9945
  • Population density per square kilometre65.5
  • Land area (square km)407.53

Age Characteristics

Total population by age groups 26695
0 to 4 years 1515
5 to 9 years 1610
10 to 14 years 1730
15 to 19 years 1920
15 years 370
16 years 370
17 years 415
18 years 365
19 years 400
20 to 24 years 1545
25 to 29 years 1195
30 to 34 years 1300
35 to 39 years 1565
40 to 44 years 1735
45 to 49 years 2235
50 to 54 years 2175
55 to 59 years 1900
60 to 64 years 1740
65 to 69 years 1335
70 to 74 years 1080
75 to 79 years 875
80 to 84 years 650
85 years and over 590
Median age of the population 42.7
% of the population aged 15 and over 81.8

Marital Status

Total population 15 years and over by marital status 21840
Married or living with a common-law partner 14170
Married (and not separated) 12485
Living common-law 1685
Not married and not living with a common-law partner 7665
Single (never legally married) 4795
Separated 590
Divorced 975
Widowed 1305

Family Characteristics

Total number of census families in private households 7850
Size of census family: 2 persons 3910
Size of census family: 3 persons 1460
Size of census family: 4 persons 1645
Size of census family: 5 or more persons 830
Total number of census families in private households 7850
Total couple families by family structure and number of children 6995
Married couples 6155
Without children at home 2920
With children at home 3240
1 child 1065
2 children 1430
3 or more children 745
Common-law couples 840
Without children at home 475
With children at home 365
1 child 150
2 children 150
3 or more children 60
Total lone-parent families by sex of parent and number of children 855
Female parent 635
1 child 375
2 children 180
3 or more children 75
Male parent 215
1 child 145
2 children 60
3 or more children 15
Total children in census families in private households 8520
Under six years of age 1805
6 to 14 years 3030
15 to 17 years 1135
18 to 24 years 1900
25 years and over 650
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 26210
Number of persons not in census families 2845
Living with relatives 350
Living with non-relatives only 415
Living alone 2080
Number of census family persons 23370
Average number of persons per census family 3
Total number of persons 65 years and over in private households 4130
Number of persons not in census families aged 65 years and over 1100
Living with relatives 130
Living with non-relatives only 55
Living alone 920
Number of census family persons aged 65 years and over 3030
Total number of private households by household type 9945
Census-family households 7695
One-family-only households 7210
Couple-family households 6545
Without children 3170
With children 3380
Lone-parent-family households 670
Other family households 485
One-family households with persons not in a census family 330
Couple-family households 220
Without children 90
With children 130
Lone-parent-family households 105
Two-or-more-family households 155
Non-census-family households 2250
One-person households 2075
Two-or-more-person households 170
Total number of occupied private dwellings by structural type of dwelling 9945
Single-detached house 7560
Apartment, building that has five or more storeys 5
Movable dwelling 200
Other dwelling 2175
Semi-detached house 365
Row house 360
Apartment, duplex 90
Apartment, building that has fewer than five storeys 1345
Other single-attached house 20
Total number of private households by household size 9945
1 person 2080
2 persons 3705
3 persons 1490
4 persons 1680
5 persons 640
6 or more persons 360
Number of persons in private households 26210
Average number of persons in private households 2.6

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