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Rama, ON

Updated: Apr 2015
House
Median price $324,900
Monthly growth
Quarterly trend
Stock on market 0.03%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Rama Home Price

Rama was Canada’s 1214th most expensive suburb by listed median house price this month.

In Apr the median listed house price of $324,900 in Rama was an above average compared to the rest of Ontario.

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

If you are looking at investment properties in Rama, 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.

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.

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Find a mortgage broker in Rama, ON
Beds Median price (House) Median price (Apartment)
2 bedrooms $324,900
Demographics
  • Population in 20119275
  • Population in 20069427
  • 2006 to 2011 population change (%)-1.6
  • Total private dwellings5904
  • Private dwellings occupied by usual residents3784
  • Population density per square kilometre22.1
  • Land area (square km)419.25

Age Characteristics

Total population by age groups 9275
0 to 4 years 320
5 to 9 years 395
10 to 14 years 500
15 to 19 years 540
15 years 115
16 years 115
17 years 105
18 years 95
19 years 115
20 to 24 years 460
25 to 29 years 365
30 to 34 years 350
35 to 39 years 455
40 to 44 years 585
45 to 49 years 730
50 to 54 years 850
55 to 59 years 755
60 to 64 years 835
65 to 69 years 735
70 to 74 years 595
75 to 79 years 435
80 to 84 years 245
85 years and over 140
Median age of the population 49.7
% of the population aged 15 and over 86.9

Marital Status

Total population 15 years and over by marital status 8065
Married or living with a common-law partner 5425
Married (and not separated) 4595
Living common-law 835
Not married and not living with a common-law partner 2635
Single (never legally married) 1605
Separated 205
Divorced 370
Widowed 460

Family Characteristics

Total number of census families in private households 3025
Size of census family: 2 persons 1865
Size of census family: 3 persons 495
Size of census family: 4 persons 465
Size of census family: 5 or more persons 200
Total number of census families in private households 3025
Total couple families by family structure and number of children 2685
Married couples 2270
Without children at home 1400
With children at home 870
1 child 335
2 children 370
3 or more children 165
Common-law couples 415
Without children at home 265
With children at home 150
1 child 60
2 children 60
3 or more children 30
Total lone-parent families by sex of parent and number of children 340
Female parent 240
1 child 135
2 children 75
3 or more children 25
Male parent 100
1 child 65
2 children 25
3 or more children 5
Total children in census families in private households 2410
Under six years of age 395
6 to 14 years 820
15 to 17 years 315
18 to 24 years 555
25 years and over 330
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 9240
Number of persons not in census families 1120
Living with relatives 155
Living with non-relatives only 205
Living alone 765
Number of census family persons 8115
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 2145
Number of persons not in census families aged 65 years and over 480
Living with relatives 90
Living with non-relatives only 30
Living alone 360
Number of census family persons aged 65 years and over 1665
Total number of private households by household type 3785
Census-family households 2945
One-family-only households 2700
Couple-family households 2460
Without children 1540
With children 925
Lone-parent-family households 240
Other family households 245
One-family households with persons not in a census family 165
Couple-family households 115
Without children 60
With children 55
Lone-parent-family households 50
Two-or-more-family households 80
Non-census-family households 840
One-person households 760
Two-or-more-person households 80
Total number of occupied private dwellings by structural type of dwelling 3785
Single-detached house 3485
Apartment, building that has five or more storeys 0
Movable dwelling 5
Other dwelling 295
Semi-detached house 10
Row house 250
Apartment, duplex 10
Apartment, building that has fewer than five storeys 15
Other single-attached house 10
Total number of private households by household size 3785
1 person 760
2 persons 1750
3 persons 520
4 persons 475
5 persons 195
6 or more persons 95
Number of persons in private households 9240
Average number of persons in private households 2.4

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