Town of Rainy RiverHousing market

Town of Rainy River

Town of Rainy River Housing Market Report

All types - for the month of July

Buyer's market Seller's market

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.

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*

- active

New

-

Relisted

-

Compared to number of active, same period, in 2024: -, in 2023: -, in 2022: -

Total Sold Listings*

- sold

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

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

*Data is for the month of July

Median Sold Price vs Average Days and Average Total Days on Market - Town of Rainy River - All types

Sold vs Active vs New vs Relisted - Town of Rainy River - All types

Sold Price Distribution - Town of Rainy River - All types

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

Property Type Distribution - Town of Rainy River - All types

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

Median Price - Town of Rainy River - All types

Just sold - Town of Rainy River

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Sold 11 years ago

Sold for $9,000

518 Atwood Ave, Rainy River

Detached21- sq ft

Listed by RE/MAX PREMIER INC., BROKERAGE

trreb/IMG-X2199606_1.jpg

Sold 13 years ago

Sold for $1,300,000

$50K below asking

576196 5th Line Line, Rural Blue Mountains

Detached4+032000-2500 sq ft

Listed by RE/MAX CHAY REALTY INC., BROKERAGE

trreb/IMG-S1107448_1.jpg

Sold 13 years ago

Sold for $1,300,000

$50K below asking

576196 5th Line, Rural Blue Mountains

Detached432000-2500 sq ft

Listed by RE/MAX CHAY REALTY INC., BROKERAGE

trreb/IMG-X1906035_6.jpg

Sold 14 years ago

Sold for $1,150,000

$50K below asking

576191 5th Line , Rural Blue Mountains

Detached643500-5000 sq ft

Listed by CHESTNUT PARK REAL ESTATE LIMITED, BROKERAGE

trreb/IMG-X1644146_1.jpg

Sold 16 years ago

Sold for $740,000

$60K below asking

569559 6th Sdrd, Rural Blue Mountains

Detached3+12- sq ft

Listed by CENTURY 21 MILLENNIUM INC., BROKERAGE

Population and Demographics

Overview

Total population 620

Average household income $105,590

Age (%)

0 to 19

19%

20 to 34

13%

35 to 49

13%

50 to 64

22%

65 and plus

32%

Household composition (%)

Single family

55%

Single person

44%

Multi person

1%

Multi family

0%

Mother tongue (%)

English

100%

Others

0%

House tenancy (%)

Owners

74%

Renters

26%

Top 1 School in Town of Rainy River

Rainy River High School1 Mill Ave, P0W 1L0, Rainy River, ON

3.3/10

Public•9-12

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

1/5

Few or no 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

0/5

Few or no shops within walking distance

Restaurants

1/5

Few or no restaurants within walking distance