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Monkland, ON

Updated: Aug 2016
House
Median price $244,900
Monthly growth
Quarterly trend
Stock on market 0.15%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Monkland Home Price

Monkland was Canada’s 2155th most expensive suburb by listed median house price this month.

The $244,900 price tag on the median Monkland home means that it is about average price.

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

This month we track 784th neighbourhoods in Ontario, and Monkland has the 784th most choice available for real estate investors.

Can we guarantee how well Monkland is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Monkland 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 Monkland is a good investment target.

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.

Find a mortgage broker in Monkland, ON
Beds Median price (House) Median price (Apartment)
3 bedrooms $314,450
Demographics
  • Population in 20116775
  • Population in 20066769
  • 2006 to 2011 population change (%)0.1
  • Total private dwellings2583
  • Private dwellings occupied by usual residents2487
  • Population density per square kilometre13.1
  • Land area (square km)515.65

Age Characteristics

Total population by age groups 6775
0 to 4 years 375
5 to 9 years 415
10 to 14 years 445
15 to 19 years 505
15 years 110
16 years 100
17 years 100
18 years 105
19 years 90
20 to 24 years 415
25 to 29 years 360
30 to 34 years 335
35 to 39 years 450
40 to 44 years 480
45 to 49 years 620
50 to 54 years 660
55 to 59 years 475
60 to 64 years 380
65 to 69 years 295
70 to 74 years 200
75 to 79 years 150
80 to 84 years 120
85 years and over 100
Median age of the population 40.9
% of the population aged 15 and over 81.8

Marital Status

Total population 15 years and over by marital status 5540
Married or living with a common-law partner 3575
Married (and not separated) 2985
Living common-law 590
Not married and not living with a common-law partner 1965
Single (never legally married) 1325
Separated 150
Divorced 215
Widowed 275

Family Characteristics

Total number of census families in private households 2000
Size of census family: 2 persons 980
Size of census family: 3 persons 405
Size of census family: 4 persons 400
Size of census family: 5 or more persons 220
Total number of census families in private households 2000
Total couple families by family structure and number of children 1775
Married couples 1480
Without children at home 685
With children at home 795
1 child 275
2 children 335
3 or more children 190
Common-law couples 295
Without children at home 160
With children at home 135
1 child 70
2 children 50
3 or more children 25
Total lone-parent families by sex of parent and number of children 225
Female parent 165
1 child 95
2 children 55
3 or more children 20
Male parent 60
1 child 45
2 children 10
3 or more children 5
Total children in census families in private households 2205
Under six years of age 450
6 to 14 years 770
15 to 17 years 300
18 to 24 years 485
25 years and over 190
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 6665
Number of persons not in census families 685
Living with relatives 120
Living with non-relatives only 110
Living alone 460
Number of census family persons 5980
Average number of persons per census family 3
Total number of persons 65 years and over in private households 795
Number of persons not in census families aged 65 years and over 215
Living with relatives 40
Living with non-relatives only 10
Living alone 165
Number of census family persons aged 65 years and over 580
Total number of private households by household type 2485
Census-family households 1965
One-family-only households 1855
Couple-family households 1675
Without children 790
With children 885
Lone-parent-family households 175
Other family households 115
One-family households with persons not in a census family 85
Couple-family households 60
Without children 25
With children 35
Lone-parent-family households 25
Two-or-more-family households 35
Non-census-family households 520
One-person households 465
Two-or-more-person households 60
Total number of occupied private dwellings by structural type of dwelling 2485
Single-detached house 2310
Apartment, building that has five or more storeys 0
Movable dwelling 15
Other dwelling 165
Semi-detached house 50
Row house 15
Apartment, duplex 20
Apartment, building that has fewer than five storeys 70
Other single-attached house 15
Total number of private households by household size 2490
1 person 465
2 persons 940
3 persons 420
4 persons 410
5 persons 175
6 or more persons 80
Number of persons in private households 6665
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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