Elliot Lake Real Estate

  • 17 homes for sale in Elliot Lake, ON.

  • $167,406 Avg List

Refine your Elliot Lake real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Elliot Lake.

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  1. Canada
  2. Ontario
  3. Elliot Lake Real Estate

Home Prices in Elliot Lake

The asking price of homes for sale in Elliot Lake has increased 14.78% since November last year, while the number of homes for sale has decreased -48.48%. See more Elliot Lake Home Prices & Values.

House
Median Asking Price
$170K
11 Houses
Townhouse
Median Asking Price
$77K
5 Townhouses
Condo
Median Asking Price
$0
0 Condos

Find Real Estate & MLS® Listings in Elliot Lake

Zolo has the most thorough, up-to-date set of Elliot Lake real estate listings. At the moment, Elliot Lake has 17 homes for sale, including 11 houses, 0 condos, and 5 townhouses listed for sale.

With Zolo you'll be able to find the hottest Elliot Lake neighbourhoods, the top schools in the city, and evaluate nearby amenities. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

MLS® Listing data for Elliot Lake is updated every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Elliot Lake real estate agents to get started on landing your dream home today.

Elliot Lake City Guide

11K
Population
-1.7%
Population Growth
17%
Unemployment

Located in Ontario, the city of Elliot Lake has a population of 11,348. The -1.7% population growth for this city is above average when compared to other Canadian cities.

There are 12.49% of immigrants in in Elliot Lake, 0% of which are recent immigrants to Canada. Other than English, the most common language spoken is French, with 16% of residents reporting it as their mother tongue. The largest cultural community within Elliot Lake is Canadian at 37%, followed by English at 29% and French at 27%.

Elliot Lake offers good employment opportunities with an unemployment rate that sits near 17%, which is average when compared to other cities. Approximately 44% of residents hold a university degree. Residents can expect good quality of life in Elliot Lake based upon an average median family income of $41,773.

According to Statistics Canada 86% of Elliot Lake residents drive. About 12% of residents that are already established within the city will move within a year, while 37% will move within five years.

Elliot Lake's population is average when it comes to homeownership, with 60% owning a home and 40% renting. The median monthly mortgage cost is estimated to be about $520, which is average when compared to renters in other Canadian cities.

In the Canadian real estate context, Elliot Lake is a good place to establish a foothold in the real estate market.

Demographics

Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of Elliot Lake’s demographics, including median age, schools and income, using census information from Statistics Canada.

40%
Rent
60%
Own
$653
Monthly Rent (Median)
$520
Monthly Mortgage (Median)
3,415
Total Families
$41,773
Family Income (Median)
57
Age (Median)
44%
College Educated

Schools

For those interested in buying Canadian real estate in order to raise a family, take heart: Elliot Lake is home to top-rated elementary and secondary schools. To help you narrow down your Elliot Lake housing market search, here’s the top five schools in each category. (Learn more in our school guide.)

Elementary Schools

n/a Our Lady of Lourdes
n/a Central Avenue
n/a Georges-Vanier
n/a Our Lady of Fatima

Secondary Schools

6.8 Elliot Lake

Commuters

According to Statistics Canada, residents in Elliot Lake use a variety of ways to get around.

86%
Drive
2%
Transit
2%
Bike
9%
Walk

FAQs About Elliot Lake Real Estate

According to current Elliot Lake MLS© statistics, the average home listing price in Elliot Lake, ON is $167,000. Based on Elliot Lake housing inventory, the average home is listed on the market for 30 days and has a 94.7% selling to listing price ratio.

Based on current Elliot Lake MLS© data, the average detached house in Elliot Lake, ON has a listing price of $181,000. In Elliot Lake, detached houses are on the market for 30 days on average.

The average townhouse in Elliot Lake has an average listing price of $92,000, which represents a -12% change in price from last year. There are currently 5 townhouses for sale in Elliot Lake, ON.

According to Statistics Canada Census data, the median total household income in Elliot Lake is $41,773 per year, which is below the national median income of $67,000 per year.

elliot-lake
The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association nor Zolo.