Rouyn-Noranda, QC

Updated: Aug 2016
House
Median price $225,000
Monthly growth 50.00 %
Quarterly trend
Stock on market 1.24%
Apartment
Median price $219,000
Monthly growth -13.86 %
Quarterly trend
Stock on market 0.27%

Rouyn-Noranda Home Price

With Rouyn-Noranda’s median house price at $225,000 in Aug , it is above average compared to the rest of Quebec.

Investors looking for properties in Rouyn-Noranda are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.

Quebec has the second most amount of properties available to property investors, with Rouyn-Noranda having 23th most in the province, out of a total of 1047.

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

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.

With a median listing price of $219,000, Rouyn-Noranda is Canada’s 480th most expensive when ordered by median listing price.

When our research team crunched the numbers we calculated that Rouyn-Noranda has a median home price of $219,000.

If you’re looking at investment properties in Rouyn-Noranda, then you’re most likely to find homes with 2 bedrooms on sale this month.

Quebec has the most amount of properties available to property investors, with Rouyn-Noranda having 77th most in the province, out of a total of 453.

Can we guarantee how well Rouyn-Noranda 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.

In Rouyn-Noranda, 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.

Beds Median price (House) Median price (Apartment)
1 bedroom $107,000 $189,900
2 bedrooms $169,500 $219,000
3 bedrooms $219,000 $269,000
4 bedrooms $259,250 $199,000
5 bedrooms $268,000
6 bedrooms $268,450
Demographics
  • Population in 201141012
  • Population in 200639924
  • 2006 to 2011 population change (%)2.7
  • Total private dwellings19224
  • Private dwellings occupied by usual residents17985
  • Population density per square kilometre6.8
  • Land area (square km)6010.5