Armour Heights
Armour Heights

Armour Heights Housing Market Report

Balanced Market

All types - for the month of February

Buyer's market Seller's market

4

Days of inventory (DOI)*

DOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a DOI of 0-3 months indicates a seller's market, where homes are selling quickly and there are more buyers than available homes.

44

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

85

New

57(+23.91% YoY)

Relisted

2(0% YoY)

Compared to number of active, same period, in 2024: 72, in 2023: 47, in 2022: 16

Total Sold Listings*

21

Median Sold Price

$579,800

Avg Days on Market

44 days

Median Bidding

-$14,000

Compared to number of sold, same period, in 2024: 13, in 2023: 20, in 2022: 23

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - Armour Heights - All types

Sold vs Active vs New vs Relisted - Armour Heights - All types

Sold Price Distribution - Armour Heights - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Armour Heights - All types

Property type distribution based on data from the last 3 months.

Median Price - Armour Heights - All types

Population and Demographics

Overview

Total population 19445
Average household income $168,293

Age (%)

0 to 19
23%
35 to 49
22%
50 to 64
20%
20 to 34
19%
65 and plus
15%

Household composition (%)

Single family
64%
Single person
29%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
63%
Tagalog (Pilipino, Filipino)
11%
Russian
5%
Spanish
3%
Others
3%
Italian
3%
Hebrew
1%
Ilocano
1%
Mandarin
1%
Korean
1%

House tenancy (%)

Owners
52%
Renters
48%

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Some day-to-day needs are within walking distance

Transit Friendly

4/5

Within walking distance of a subway and frequent bus lines

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a 15-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

4/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance