Trending

Ads Google

Otter Lake, ON

Updated: Oct 2015
House
Median price $331,450
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.05%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Otter Lake Home Price

Across the nation CREW lists data for 4643 neighbourhoods, and this month Otter Lake is number 1084 putting it ahead of most neighbourhoods .

In Oct the median listed house price of $331,450 in Otter Lake was an above average compared to the rest of Ontario.

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 1079th neighbourhoods in Ontario, and Otter Lake has the 1079th most choice available for real estate investors.

Will prices rise across the next year in in Otter Lake? There are a number of real estate indicators to consider.

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

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

Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Otter Lake have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
3 bedrooms $376,950
Demographics
  • Total private dwellings4348
  • Private dwellings occupied by usual residents1627
  • Population density per square kilometre6.7
  • Land area (square km)595.42
  • Population in 20113988
  • Population in 20064276
  • 2006 to 2011 population change (%)-6.7

Age Characteristics

Total population by age groups 3990
0 to 4 years 165
5 to 9 years 170
10 to 14 years 210
15 to 19 years 235
15 years 45
16 years 50
17 years 45
18 years 45
19 years 50
20 to 24 years 155
25 to 29 years 155
30 to 34 years 185
35 to 39 years 190
40 to 44 years 215
45 to 49 years 330
50 to 54 years 330
55 to 59 years 360
60 to 64 years 405
65 to 69 years 320
70 to 74 years 255
75 to 79 years 150
80 to 84 years 95
85 years and over 70
Median age of the population 49.7
% of the population aged 15 and over 86.2

Marital Status

Total population 15 years and over by marital status 3445
Married or living with a common-law partner 2380
Married (and not separated) 2070
Living common-law 315
Not married and not living with a common-law partner 1060
Single (never legally married) 625
Separated 75
Divorced 175
Widowed 185

Family Characteristics

Total number of census families in private households 1255
Size of census family: 2 persons 755
Size of census family: 3 persons 210
Size of census family: 4 persons 200
Size of census family: 5 or more persons 90
Total number of census families in private households 1255
Total couple families by family structure and number of children 1165
Married couples 1000
Without children at home 610
With children at home 400
1 child 160
2 children 160
3 or more children 75
Common-law couples 155
Without children at home 95
With children at home 60
1 child 20
2 children 30
3 or more children 10
Total lone-parent families by sex of parent and number of children 90
Female parent 75
1 child 40
2 children 25
3 or more children 10
Male parent 25
1 child 15
2 children 5
3 or more children 0
Total children in census families in private households 1000
Under six years of age 190
6 to 14 years 350
15 to 17 years 135
18 to 24 years 205
25 years and over 120
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 3935
Number of persons not in census families 520
Living with relatives 55
Living with non-relatives only 105
Living alone 355
Number of census family persons 3415
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 875
Number of persons not in census families aged 65 years and over 200
Living with relatives 25
Living with non-relatives only 10
Living alone 165
Number of census family persons aged 65 years and over 670
Total number of private households by household type 1625
Census-family households 1225
One-family-only households 1140
Couple-family households 1070
Without children 650
With children 420
Lone-parent-family households 75
Other family households 85
One-family households with persons not in a census family 60
Couple-family households 45
Without children 25
With children 25
Lone-parent-family households 15
Two-or-more-family households 25
Non-census-family households 400
One-person households 355
Two-or-more-person households 45
Total number of occupied private dwellings by structural type of dwelling 1630
Single-detached house 1595
Apartment, building that has five or more storeys 0
Movable dwelling 10
Other dwelling 20
Semi-detached house 0
Row house 15
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 1630
1 person 355
2 persons 735
3 persons 210
4 persons 210
5 persons 75
6 or more persons 40
Number of persons in private households 3935
Average number of persons in private households 2.4

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.

Useful Links

Advertisement

Website Managed By

© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media