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Tarantum, PE

Updated: Aug 2016
House
Median price $112,400
Monthly growth -16.67 %
Quarterly trend
Stock on market 0.26%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Tarantum Home Price

With a median listing price of $112,400, Tarantum is Canada’s 4544th most expensive when ordered by median listing price.

With Tarantum’s median house price at $112,400 in Aug , it is below average compared to the rest of Prince Edward Island.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Tarantum has not many at all compared to the rest of the province

As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Tarantum needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

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

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

Over the last three months in Tarantum, 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)
3 bedrooms $134,900
Demographics
  • Population in 20111643
  • Population in 20061607
  • 2006 to 2011 population change (%)2.2
  • Total private dwellings771
  • Private dwellings occupied by usual residents599
  • Population density per square kilometre21
  • Land area (square km)78.23

Age Characteristics

Total population by age groups 1640
0 to 4 years 105
5 to 9 years 90
10 to 14 years 100
15 to 19 years 140
15 years 30
16 years 25
17 years 25
18 years 35
19 years 20
20 to 24 years 95
25 to 29 years 100
30 to 34 years 90
35 to 39 years 115
40 to 44 years 95
45 to 49 years 155
50 to 54 years 150
55 to 59 years 125
60 to 64 years 105
65 to 69 years 80
70 to 74 years 40
75 to 79 years 25
80 to 84 years 20
85 years and over 15
Median age of the population 39
% of the population aged 15 and over 81.9

Marital Status

Total population 15 years and over by marital status 1345
Married or living with a common-law partner 855
Married (and not separated) 730
Living common-law 125
Not married and not living with a common-law partner 490
Single (never legally married) 355
Separated 35
Divorced 60
Widowed 45

Family Characteristics

Total number of census families in private households 500
Size of census family: 2 persons 240
Size of census family: 3 persons 105
Size of census family: 4 persons 95
Size of census family: 5 or more persons 55
Total number of census families in private households 500
Total couple families by family structure and number of children 425
Married couples 365
Without children at home 160
With children at home 200
1 child 80
2 children 75
3 or more children 45
Common-law couples 60
Without children at home 30
With children at home 30
1 child 15
2 children 10
3 or more children 5
Total lone-parent families by sex of parent and number of children 70
Female parent 60
1 child 35
2 children 15
3 or more children 10
Male parent 15
1 child 5
2 children 5
3 or more children 0
Total children in census families in private households 575
Under six years of age 120
6 to 14 years 180
15 to 17 years 85
18 to 24 years 135
25 years and over 60
Average number of children at home per census family 1.2

Household And Dwelling Characteristics

Total number of persons in private households 1640
Number of persons not in census families 145
Living with relatives 20
Living with non-relatives only 40
Living alone 90
Number of census family persons 1495
Average number of persons per census family 3
Total number of persons 65 years and over in private households 175
Number of persons not in census families aged 65 years and over 50
Living with relatives 15
Living with non-relatives only 0
Living alone 30
Number of census family persons aged 65 years and over 130
Total number of private households by household type 600
Census-family households 495
One-family-only households 465
Couple-family households 405
Without children 185
With children 220
Lone-parent-family households 60
Other family households 25
One-family households with persons not in a census family 20
Couple-family households 10
Without children 5
With children 10
Lone-parent-family households 10
Two-or-more-family households 5
Non-census-family households 110
One-person households 85
Two-or-more-person households 15
Total number of occupied private dwellings by structural type of dwelling 600
Single-detached house 555
Apartment, building that has five or more storeys 0
Movable dwelling 30
Other dwelling 10
Semi-detached house 0
Row house 5
Apartment, duplex 5
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 595
1 person 85
2 persons 240
3 persons 105
4 persons 95
5 persons 40
6 or more persons 25
Number of persons in private households 1645
Average number of persons in private households 2.7

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