Home Prices in Lambton Shores
The asking price of homes for sale in Lambton Shores has increased 68.87% since July last year, while the number of homes for sale has decreased -31.58%. See more Lambton Shores Home Prices & Values.
Lambton Shores MLS® Listings & Real Estate
Zolo helps you land your perfect home out of the 26 homes for sale in Lambton Shores. Explore these homes by property type, price, number of bedrooms, size, keywords like "hardwood floors," and more to find houses for sale in Lambton Shores. With Zolo you'll be able to browse neighbourhoods in the city and easily navigate the MLS® system. Most locals in the city own their homes, while 17% live in Lambton Shores rentals.
Zolo has the most detailed, up-to-date set of Lambton Shores real estate listings and gives you the power to search within the Lambton Shores MLS® system for nearby cities and neighbourhoods. If you're interested in the Lambton Shores real estate market and how it's changed over the year, Zolo's Lambton Shores real estate market stats & trends are the perfect way to find out. After analyzing Lambton Shores MLS® data for thousands of homes, we've learned new insights on average home prices, housing inventory, and days on market. Currently, the average Lambton Shores home will sell for $150,000 and will be on the market for 1 days. Get in touch with one of our Lambton Shores real estate brokers to get started on landing your dream home today!
Lambton Shores City Guide
Located in Ontario, the city of Lambton Shores has a population of 10,656. The -4.4% population growth for this city is below average when compared to other Canadian cities.
There are 9.21% of immigrants in in Lambton Shores, 0.24% of which are recent immigrants to Canada. Other than English, the most common language spoken is Dutch, with 3% of residents reporting it as their mother tongue. The largest cultural community within Lambton Shores is English at 39%, followed by Canadian at 32% and Scottish at 29%.
Lambton Shores offers good employment opportunities with an unemployment rate that sits near 7%, which is above average when compared to other cities. Approximately 50% of residents hold a university degree. Residents can expect an exceptional quality of life in Lambton Shores based upon an above average median family income of $62,167.
According to Statistics Canada 91% of Lambton Shores residents drive. About 8% of residents that are already established within the city will move within a year, while 28% will move within five years.
Lambton Shores's population is higher than average when it comes to homeownership, with 83% owning a home and 17% renting. The median monthly mortgage cost is estimated to be about $661, which is above average when compared to renters in other Canadian cities.
In the Canadian real estate context, Lambton Shores is a good place to establish a foothold in the real estate market.
Market Trends
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Median List Price$150K
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Median Selling Price$150K
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Listing-to-Selling Ratio100.07%
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Price Change (Month)-54.61%
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Price Change (Year)%
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Average Days on Market1
A rapid scan of MLS® listings show many homes for sale in Lambton Shores. That doesn't mean property shopping in this market is easy. In Canada's real estate marketplace there are hot spots of activity -- areas where bidding wars and sold-over-asking is the norm. To be prosperous in your home search talk to a local Realtor®. As a specialist, a local Lambton Shores real estate agent can guide you to areas that suit your needs and property types that suits your budget.
Lambton Shores homes for sale stay on the market for 1 days, on average and sells for 100.07% of the median list price. Detached houses for sale in Lambton Shores make up 100% of listings and sell for a median price of $529,950. Lambton Shores condos are 0% of the real estate currently for sale and sell for a median price of $0. The remaining 0% are townhouses, which sell for a median price of $0.
To keep pace with Lambton Shores's real estate landscape you need to be prepared. Talk to a realtor or mortgage agent to determine what you can realistically purchase.
At this point in time, Lambton Shores's median sale price is $150,000. This number is determined by finding the mid-point price of all properties sold within a specified period of time. If, for example, 30 condos sold last month and only 11 detached homes sold in the same time frame, then the median price would skew downwards to reflect the larger number of lower priced condos. At present, Lambton Shores has 14 houses for sale, 0 townhomes for sale and 0 condos for sale.
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 Lambton Shores’s demographics, including median age, schools and income, using census information from Statistics Canada.
Commuters
According to Statistics Canada, residents in Lambton Shores use a variety of ways to get around.
