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Palmer Rapids, ON

Updated: Aug 2016
House
Median price $145,900
Monthly growth
Quarterly trend
Stock on market 0.87%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Palmer Rapids Home Price

With a median listing price of $145,900, Palmer Rapids is Canada’s 4017th most expensive when ordered by median listing price.

The $145,900 price tag on the median Palmer Rapids home means that it is below the national norm.

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.

According to our stats, Palmer Rapids is the neighbourhood that has the 567th most properties available to real estate investors in Ontario.

When we look at the data we have, it can help with trying to establish whether or not Palmer Rapids is a good investment target.

In Palmer Rapids, 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.

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.

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

If you are looking at investment properties in Palmer Rapids, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Find a mortgage broker in Palmer Rapids, ON
Beds Median price (House) Median price (Apartment)
3 bedrooms $148,950
Demographics
  • Private dwellings occupied by usual residents658
  • Population density per square kilometre2.3
  • Land area (square km)705.83
  • Population in 20111658
  • Population in 20061497
  • 2006 to 2011 population change (%)10.8
  • Total private dwellings1031

Age Characteristics

Total population by age groups 1660
0 to 4 years 55
5 to 9 years 95
10 to 14 years 85
15 to 19 years 75
15 years 15
16 years 15
17 years 15
18 years 15
19 years 10
20 to 24 years 50
25 to 29 years 70
30 to 34 years 60
35 to 39 years 65
40 to 44 years 100
45 to 49 years 130
50 to 54 years 170
55 to 59 years 165
60 to 64 years 165
65 to 69 years 120
70 to 74 years 100
75 to 79 years 80
80 to 84 years 45
85 years and over 20
Median age of the population 51.3
% of the population aged 15 and over 85.5

Marital Status

Total population 15 years and over by marital status 1420
Married or living with a common-law partner 890
Married (and not separated) 795
Living common-law 95
Not married and not living with a common-law partner 535
Single (never legally married) 350
Separated 35
Divorced 70
Widowed 75

Family Characteristics

Total number of census families in private households 485
Size of census family: 2 persons 300
Size of census family: 3 persons 80
Size of census family: 4 persons 75
Size of census family: 5 or more persons 40
Total number of census families in private households 485
Total couple families by family structure and number of children 445
Married couples 390
Without children at home 240
With children at home 160
1 child 65
2 children 60
3 or more children 30
Common-law couples 45
Without children at home 30
With children at home 15
1 child 5
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 50
Female parent 35
1 child 20
2 children 5
3 or more children 10
Male parent 10
1 child 10
2 children 5
3 or more children 5
Total children in census families in private households 400
Under six years of age 70
6 to 14 years 165
15 to 17 years 45
18 to 24 years 60
25 years and over 55
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 1530
Number of persons not in census families 200
Living with relatives 10
Living with non-relatives only 15
Living alone 170
Number of census family persons 1330
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 325
Number of persons not in census families aged 65 years and over 85
Living with relatives 5
Living with non-relatives only 0
Living alone 80
Number of census family persons aged 65 years and over 240
Total number of private households by household type 660
Census-family households 480
One-family-only households 450
Couple-family households 415
Without children 255
With children 165
Lone-parent-family households 35
Other family households 25
One-family households with persons not in a census family 15
Couple-family households 10
Without children 5
With children 5
Lone-parent-family households 5
Two-or-more-family households 10
Non-census-family households 180
One-person households 175
Two-or-more-person households 5
Total number of occupied private dwellings by structural type of dwelling 660
Single-detached house 615
Apartment, building that has five or more storeys 0
Movable dwelling 15
Other dwelling 25
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 25
Other single-attached house 0
Total number of private households by household size 655
1 person 175
2 persons 280
3 persons 85
4 persons 75
5 persons 30
6 or more persons 15
Number of persons in private households 1535
Average number of persons in private households 2.3

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