Leeds and Grenville

Rideau LakesHousing market

Rideau Lakes

Rideau Lakes Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

11

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.

54

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*

180 active

New

54(-14.29% YoY)

Relisted

5(-16.67% YoY)

Compared to number of active, same period, in 2024: 88, in 2023: 68, in 2022: 14

Total Sold Listings*

16 sold

Median Sold Price

$743,950

Avg Days on Market

54 days

Median Bidding

-$9,900

Compared to number of sold, same period, in 2024: 21, in 2023: 16, in 2022: 16

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Rideau Lakes - All types

Sold Price Distribution - Rideau Lakes - All types

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

Property Type Distribution - Rideau Lakes - All types

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

Median Price - Rideau Lakes - All types

Just listed - Rideau Lakes

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 55 HANLON BAY Rd, Rideau Lakes Ontario K0G 1E0

Re-listed 6 hours ago

$•••,•••

55 HANLON BAY Rd, Rideau Lakes

Detached443500-5000 sq ft

Listed by EXP REALTY, BROKERAGE

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 43 Main St, Westport Ontario K0G 1X0

9 hours on market

43 Main St, Westport

Detached322500-3000 sq ft

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA, BROKERAGE

Unknown for 3312 Hossack Lane, Rideau Lakes Ontario K0E 1Y0

9 hours on market

3312 Hossack Lane, Rideau Lakes

Detached11700-1100 sq ft

Listed by RIDEAU REALTY LIMITED

Just sold - Rideau Lakes

Patio, water/lake/river/ocean view for 14 R3 Rd, Rideau Lakes Ontario K0G 1L0

Sold 23 hours ago

Sold for $730,000

$20K below asking

14 R3 Rd, Rideau Lakes

Detached73700-1100 sq ft

Listed by ROYAL LEPAGE ADVANTAGE REAL ESTATE LTD

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 54 TENNANT Dr, Rideau Lakes Ontario K7A 4S5

Sold 2 days ago

Sold for $705,900

54 TENNANT Dr, Rideau Lakes

Detached221500-2000 sq ft

Listed by ROYAL LEPAGE TEAM REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 107 Clear Lake Rd, Rideau Lakes Ontario K0G 1E0

Sold 6 days ago

Sold for $385,000

$40K above asking

107 Clear Lake Rd, Rideau Lakes

Detached321100-1500 sq ft

Listed by RIDEAU REALTY LIMITED

Population and Demographics

Overview

Total population 12336

Average household income $110,996

Age (%)

65 and plus

32%

50 to 64

26%

0 to 19

16%

35 to 49

14%

20 to 34

13%

Household composition (%)

Single family

69%

Single person

28%

Multi person

3%

Multi family

1%

Mother tongue (%)

English

95%

French

2%

Others

2%

House tenancy (%)

Owners

85%

Renters

15%

Top 5 Schools in Rideau Lakes

St Edward's School51 Bedford St, K0G 1X0, Westport, ON

9.6/10

Public•JK-8

Rideau Intermediate School251 Main Street RR 2, K0G 1E0, Elgin, ON

6.5/10

Public•7-8

Rideau Vista Public School9921 County Road #42 RR 2, K0G 1X0, Westport, ON

5.8/10

Public•JK-6

Lombardy Public School596 Highway #15 RR 1, K0G 1L0, Lombardy, ON

3.7/10

Public•JK-8

South Crosby Public School1 Halladay Street, K0G 1E0, Elgin, ON

3.6/10

Public•JK-6

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

0/5

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

Shopping, Food and Nightlife

Cafes

0/5

Few or no cafés within walking distance

Groceries

0/5

No grocery stores within walking distance

Nightlife

0/5

Few or no bars within walking distance

Shopping

0/5

Few or no shops within walking distance

Restaurants

0/5

Few or no restaurants within walking distance