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Northam, PE

Updated: Sep 2014
House
Median price $137,000
Monthly growth
Quarterly trend
Stock on market 0.63%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Northam Home Price

The median house price listed in Northam this month is $137,000.

Northam’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

This month we track 159th neighbourhoods in Prince Edward Island, and Northam has the 159th most choice available for real estate investors.

Can we guarantee how well Northam 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 Northam there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

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

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $137,000
Demographics
  • Population in 2011725
  • Population in 2006721
  • 2006 to 2011 population change (%)0.6
  • Total private dwellings317
  • Private dwellings occupied by usual residents274
  • Population density per square kilometre8.1
  • Land area (square km)89.07

Age Characteristics

Total population by age groups 725
0 to 4 years 40
5 to 9 years 50
10 to 14 years 40
15 to 19 years 55
15 years 15
16 years 10
17 years 15
18 years 10
19 years 5
20 to 24 years 35
25 to 29 years 40
30 to 34 years 35
35 to 39 years 55
40 to 44 years 50
45 to 49 years 50
50 to 54 years 50
55 to 59 years 50
60 to 64 years 55
65 to 69 years 35
70 to 74 years 30
75 to 79 years 20
80 to 84 years 10
85 years and over 20
Median age of the population 40.7
% of the population aged 15 and over 81.8

Marital Status

Total population 15 years and over by marital status 595
Married or living with a common-law partner 400
Married (and not separated) 355
Living common-law 45
Not married and not living with a common-law partner 195
Single (never legally married) 130
Separated 10
Divorced 20
Widowed 30

Family Characteristics

Total number of census families in private households 220
Size of census family: 2 persons 100
Size of census family: 3 persons 40
Size of census family: 4 persons 45
Size of census family: 5 or more persons 25
Total number of census families in private households 220
Total couple families by family structure and number of children 195
Married couples 175
Without children at home 80
With children at home 100
1 child 30
2 children 45
3 or more children 20
Common-law couples 25
Without children at home 15
With children at home 10
1 child 5
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 20
Female parent 10
1 child 5
2 children 5
3 or more children 0
Male parent 5
1 child 5
2 children 0
3 or more children 0
Total children in census families in private households 235
Under six years of age 50
6 to 14 years 80
15 to 17 years 40
18 to 24 years 40
25 years and over 25
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 720
Number of persons not in census families 65
Living with relatives 5
Living with non-relatives only 5
Living alone 60
Number of census family persons 650
Average number of persons per census family 3
Total number of persons 65 years and over in private households 100
Number of persons not in census families aged 65 years and over 30
Living with relatives 5
Living with non-relatives only 0
Living alone 25
Number of census family persons aged 65 years and over 70
Total number of private households by household type 275
Census-family households 215
One-family-only households 205
Couple-family households 190
Without children 85
With children 100
Lone-parent-family households 15
Other family households 5
One-family households with persons not in a census family 5
Couple-family households 5
Without children 0
With children 5
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 60
One-person households 60
Two-or-more-person households 0
Total number of occupied private dwellings by structural type of dwelling 270
Single-detached house 255
Apartment, building that has five or more storeys 0
Movable dwelling 20
Other dwelling 0
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 275
1 person 60
2 persons 100
3 persons 45
4 persons 45
5 persons 20
6 or more persons 10
Number of persons in private households 720
Average number of persons in private households 2.6

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