Nepean
Nepean Housing Market Report
Balanced Market
All types - for the month of March
Buyer's market Seller's market
3
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.
26
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*
526 active
New
323(+17.45% YoY)
Relisted
180(+12.50% YoY)
Compared to number of active, same period, in 2024: 168, in 2023: 228, in 2022: 93
Total Sold Listings*
158 sold
Median Sold Price
$645,500
Avg Days on Market
26 days
Median Bidding
-$5,000
Compared to number of sold, same period, in 2024: 187, in 2023: 160, in 2022: 272
*Data is for the month of March
Median Sold Price vs Average Days and Average Total Days on Market - Nepean - All types
Sold vs Active vs New vs Relisted - Nepean - All types
Sold Price Distribution - Nepean - All types
Sold price distribution per the last 3 months's sold listings.
Property Type Distribution - Nepean - All types
Property type distribution based on data from the last 3 months.
Median Price - Nepean - All types
Just listed - Nepean
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Just sold - Nepean
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Population and Demographics
Overview
Total population 197014
Average household income $143,178
Age (%)
0 to 19
24%
20 to 34
20%
35 to 49
20%
50 to 64
20%
65 and plus
16%
Household composition (%)
Single family
72%
Single person
22%
Multi person
6%
Multi family
0%
Mother tongue (%)
English
69%
French
7%
Arabic
6%
Others
5%
Mandarin
4%
English and French
2%
Yue (Cantonese)
1%
Spanish
1%
Italian
1%
House tenancy (%)
Owners
73%
Renters
27%
Top 5 Schools in Nepean
Merivale High School1755 Merivale Rd, K2G 1E2, Nepean, ON
8.6/10
Public•9-12
St. Cecilia Catholic School3490 Cambrian Road, K2J 0V1, Nepean, ON
8.5/10
Public•JK-6
St Elizabeth Ann Seton Elementary School41 Weybridge Dr, K2J 2Z8, Nepean, ON
8.5/10
Public•JK-6
St Joseph High School3333 Greenbank Rd, K2J 4J1, Nepean, ON
8.4/10
Public•9-12
Knoxdale Public School170 Greenbank Rd, K2H 5V2, Nepean, ON
8.3/10
Public•JK-6