Downtown
Downtown

Downtown Housing Market Report

Seller's Market

All types - for the month of April

Buyer's market Seller's market

2

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.

34

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*

44

New

20(+150.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 27, in 2023: 12, in 2022: 6

Total Sold Listings*

18

Median Sold Price

$297,500

Avg Days on Market

34 days

Median Bidding

-$6,000

Compared to number of sold, same period, in 2024: 7, in 2023: 11, in 2022: 12

*Data is for the month of April

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

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

Sold Price Distribution - Downtown - All types

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

Property Type Distribution - Downtown - All types

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

Median Price - Downtown - All types

Population and Demographics

Overview

Total population 9382
Average household income $75,581

Age (%)

65 and plus
30%
50 to 64
20%
20 to 34
18%
0 to 19
17%
35 to 49
15%

Household composition (%)

Single person
50%
Single family
44%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
77%
French
17%
English and French
3%
Others
2%

House tenancy (%)

Renters
63%
Owners
37%

Top 4 Schools in Downtown

Bishop MacDonell Separate School300 Adolphus St., K6H 3S6, Cornwall, ON
3.5/10
PublicJK-6
Cornwall Intermediate School437 Sydney Street, K6H 3H9, Cornwall, ON
3.3/10
Public7-8
Central Public School200 Amelia Street, K6H 0A5, Cornwall, ON
2.7/10
PublicJK-6
St Matthew Catholic Secondary School822 Marlborough Street North, K6H 4B4, Cornwall, ON
0/10
Public9-12

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

2/5

Some restaurants within walking distance