Otter Lake, QC

Updated: Aug 2016
House
Median price $184,900
Monthly growth 184.46 %
Quarterly trend
Stock on market 1.42%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Otter Lake Home Price

Otter Lake was Canada’s 3190th most expensive suburb by listed median house price this month.

Want a cheaply priced house? Then at $184,900 this month, Otter Lake, Quebec is a possibility for you price wise.

Investors looking for properties in Otter Lake are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.

There are 1047 neighbourhoods that have more properties on sale than Otter Lake at the moment in Quebec which puts the neighbourhood middle range when looking at the number of properties to choose from.

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

In Otter Lake, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

It’s never an exact art, but to try to forecast how property is going to appreciate in Otter Lake for investors, it’s important to look at data like:

Over the last three months in Otter Lake, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
1 bedroom $202,200
2 bedrooms $122,400
3 bedrooms $289,000
Demographics
  • Population in 20111109
  • Population in 2006972
  • 2006 to 2011 population change (%)14.1
  • Total private dwellings1130
  • Private dwellings occupied by usual residents498
  • Population density per square kilometre2.4
  • Land area (square km)463.5