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LanarkHousing market
Lanark
Lanark

Lanark Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

7

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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

45

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*

450

New

181(-20.96% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 273, in 2023: 245, in 2022: 67

Total Sold Listings*

69

Median Sold Price

$569,000

Avg Days on Market

45 days

Median Bidding

-$9,900

Compared to number of sold, same period, in 2024: 127, in 2023: 90, in 2022: 99

*Data is for the month of March

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

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

Sold Price Distribution - Lanark - All types

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

Property Type Distribution - Lanark - All types

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

Median Price - Lanark - All types

Top 5 Schools in Lanark

Holy Name of Mary Separate School110 Paterson St, K0A 1A0, Almonte, ON
7/10
Public•JK-8
St John Elementary School34 Wilson Street East, K7H 1L6, Perth, ON
6.9/10
Public•JK-6
Notre Dame Catholic High School157 McKenzie St, K7C 4P2, Carleton Place, ON
6.9/10
Public•9-12
Naismith Memorial Public School260 King Street, K0A 1A0, Almonte, ON
6.8/10
Public•JK-6
Carleton Place High School215 Lake Ave W, K7C 1M3, Carleton Place, ON
6.8/10
Public•9-12