PetroliaHousing market

Petrolia

Petrolia Housing Market Report

Seller's Market

All types - for the month of March

Buyer's market Seller's market

3

Months of inventory (MOI)*

MOI 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 MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

25

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*

5 active

New

6(+20.00% YoY)

Relisted

2(0% YoY)

Compared to number of active, same period, in 2024: 13, in 2023: 2, in 2022: 1

Total Sold Listings*

2 sold

Median Sold Price

$457,500

Avg Days on Market

25 days

Median Bidding

-$17,400

Compared to number of sold, same period, in 2024: 3, in 2023: 0, in 2022: 1

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Petrolia - All types

Sold Price Distribution - Petrolia - All types

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

Property Type Distribution - Petrolia - All types

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

Median Price - Petrolia - All types

Just listed - Petrolia

Unknown for 4244 Lancey St, Petrolia Ontario N0N 1R0

7 days on market

4244 Lancey St, Petrolia

Detached3+131500-2000 sq ft

Listed by COLDWELL BANKER SOUTHWEST REALTY

Home with brick exterior material, street for 4369 SIXTH St, Enniskillen Ontario N0N 1R0

42 days on market

4369 SIXTH St, Enniskillen

Detached42- sq ft

Listed by EXIT REALTY COMMUNITY

Unknown for 4011 ENGLEHART Dr, Petrolia Ontario N0N 1R0

43 days on market

4011 ENGLEHART Dr, Petrolia

Detached2+23- sq ft

Listed by EXP REALTY, BROKERAGE

Unknown for 536 First Ave, Petrolia Ontario N0N 1R0

45 days on market

536 First Ave, Petrolia

Detached43- sq ft

Listed by RE/MAX SARNIA REALTY INC.

Just sold - Petrolia

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 562 Short St, Petrolia Ontario N0N 1R0

Sold 3 days ago

Sold for $289,000

$11K below asking

562 Short St, Petrolia

Detached32+11195 sq ft

Listed by ComFree

Home with brick exterior material, street for 4026 Applewood Dr, Petrolia Ontario N0N 1R0

Sold 25 days ago

Sold for $598,000

4026 Applewood Dr, Petrolia

Detached2+322500-3000 sq ft

Listed by PC275 REALTY INC.

Home with brick exterior material, street for 4486 Petrolia Line, Petrolia Ontario N0N 1R0

Sold 44 days ago

Sold for $525,000

$25K below asking

4486 Petrolia Line, Petrolia

Detached3+12- sq ft

Listed by RE/MAX METROPOLIS REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 4167 James St, Petrolia Ontario N0N 1R0

Sold 48 days ago

Sold for $390,000

$10K below asking

4167 James St, Petrolia

Detached32- sq ft

Listed by RE/MAX SARNIA REALTY INC.

Home with brick exterior material, street for 4030 Englehart Dr, Petrolia Ontario N0N 1R0

Sold 74 days ago

Sold for $730,000

$19K below asking

4030 Englehart Dr, Petrolia

Detached3+231618 sq ft

Listed by ComFree

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 548 Short St, Petrolia Ontario N0N 1R0

Sold 78 days ago

Sold for $325,000

$15K below asking

548 Short St, Petrolia

Semi-Detached32- sq ft

Listed by RE/MAX ICON REALTY

Home with brick exterior material for 4049 Charlie St, Petrolia Ontario N0N 1R0

Sold 147 days ago

Sold for $450,000

$15K below asking

4049 Charlie St, Petrolia

Detached32700-1100 sq ft

Listed by RE/MAX SARNIA REALTY INC.

Frontside or backside of a home, the street view for 304 Parkside Dr, Petrolia Ontario N0P 1R0

Sold 150 days ago

Sold for $569,900

$10K below asking

304 Parkside Dr, Petrolia

Detached3+22- sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

trreb/IMG-X8381738_1.jpg

Sold 305 days ago

Sold for $410,500

$19K below asking

4373 NORTH St, Petrolia

Detached3+12- sq ft

Listed by RE/MAX PRIME PROPERTIES - UNIQUE GROUP

trreb/IMG-X8090374_1.jpg

Sold 1 year ago

Sold for $295,000

$45K below asking

407 Maude St, Petrolia

Detached32- sq ft

Listed by IPRO REALTY LTD.

Population and Demographics

Overview

Total population 4685

Average household income $118,636

Age (%)

65 and plus

26%

0 to 19

22%

50 to 64

18%

35 to 49

18%

20 to 34

16%

Household composition (%)

Single family

65%

Single person

32%

Multi person

3%

Multi family

0%

Mother tongue (%)

English

96%

Others

2%

French

1%

House tenancy (%)

Owners

76%

Renters

24%

Top 2 Schools in Petrolia

St Philip Catholic School420 Queen St, N0N 1R0, Petrolia, ON

7.1/10

Public•JK-8

École Hillcrest Public School433 First Avenue, N0N 1R0, Petrolia, ON

6.3/10

Public•JK-8

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

2/5

Other transportation modes are needed to reach day-to-day needs

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

0/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

2/5

Few or no restaurants within walking distance