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Greenmount, PE

Updated: Apr 2016
House
Median price $145,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.32%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Greenmount Home Price

Greenmount was Canada’s 3342th most expensive suburb by listed median house price this month.

While the median for Prince Edward Island is $179,000 , which means that Greenmount’s median price is $145,900 a lot lower than the rest of the province.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Greenmount has fewer than average compared to the rest of the province

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

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

Is Greenmount a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

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)
2 bedrooms $50,950
Demographics
  • Population in 20111487
  • Population in 20061655
  • 2006 to 2011 population change (%)-10.2
  • Total private dwellings621
  • Private dwellings occupied by usual residents543
  • Population density per square kilometre17.3
  • Land area (square km)85.84

Age Characteristics

Total population by age groups 1490
0 to 4 years 75
5 to 9 years 75
10 to 14 years 115
15 to 19 years 120
15 years 25
16 years 25
17 years 25
18 years 25
19 years 15
20 to 24 years 90
25 to 29 years 55
30 to 34 years 75
35 to 39 years 95
40 to 44 years 110
45 to 49 years 110
50 to 54 years 100
55 to 59 years 120
60 to 64 years 130
65 to 69 years 85
70 to 74 years 60
75 to 79 years 35
80 to 84 years 15
85 years and over 20
Median age of the population 41.8
% of the population aged 15 and over 81.4

Marital Status

Total population 15 years and over by marital status 1215
Married or living with a common-law partner 770
Married (and not separated) 680
Living common-law 90
Not married and not living with a common-law partner 445
Single (never legally married) 310
Separated 30
Divorced 40
Widowed 70

Family Characteristics

Total number of census families in private households 465
Size of census family: 2 persons 220
Size of census family: 3 persons 110
Size of census family: 4 persons 85
Size of census family: 5 or more persons 40
Total number of census families in private households 465
Total couple families by family structure and number of children 385
Married couples 335
Without children at home 160
With children at home 180
1 child 70
2 children 70
3 or more children 35
Common-law couples 45
Without children at home 20
With children at home 25
1 child 10
2 children 15
3 or more children 0
Total lone-parent families by sex of parent and number of children 85
Female parent 60
1 child 25
2 children 25
3 or more children 10
Male parent 20
1 child 20
2 children 5
3 or more children 0
Total children in census families in private households 515
Under six years of age 90
6 to 14 years 180
15 to 17 years 75
18 to 24 years 110
25 years and over 60
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 1485
Number of persons not in census families 120
Living with relatives 20
Living with non-relatives only 20
Living alone 85
Number of census family persons 1360
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 215
Number of persons not in census families aged 65 years and over 45
Living with relatives 10
Living with non-relatives only 5
Living alone 35
Number of census family persons aged 65 years and over 170
Total number of private households by household type 540
Census-family households 445
One-family-only households 415
Couple-family households 355
Without children 165
With children 190
Lone-parent-family households 60
Other family households 35
One-family households with persons not in a census family 20
Couple-family households 10
Without children 0
With children 5
Lone-parent-family households 10
Two-or-more-family households 15
Non-census-family households 95
One-person households 85
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 545
Single-detached house 520
Apartment, building that has five or more storeys 0
Movable dwelling 15
Other dwelling 5
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 5
Other single-attached house 5
Total number of private households by household size 545
1 person 85
2 persons 205
3 persons 100
4 persons 100
5 persons 35
6 or more persons 20
Number of persons in private households 1485
Average number of persons in private households 2.7

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

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