Lambton Shores Real Estate

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

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  1. Canada
  2. ON
  3. Lambton Shores

Home Prices in Lambton Shores

The asking price of homes for sale in Lambton Shores has increased 18.33% since June last year, while the number of homes for sale has decreased -54.17%. See more Lambton Shores Home Prices & Values.

House
Median Asking Price
$700K
8 Houses
Townhouse
Median Asking Price
$0
0 Townhouses
Condo
Median Asking Price
$0
0 Condos

Find Real Estate & MLS® Listings in Lambton Shores

Zolo has the most thorough, up-to-date set of Lambton Shores real estate listings. Currently, Lambton Shores has 0 homes for sale, including 8 houses, 0 condos, and 0 townhouses on the market. The average sold price for all home types in Lambton Shores is $570K, which is % the same as June 2019. See our Lambton Shores housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

With Zolo you'll be able to find the hottest Lambton Shores neighbourhoods, the highest-rated 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 Lambton Shores is added every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Lambton Shores real estate agents to get started on landing your dream home today.

Lambton Shores City Guide

11K
Population
-4.4%
Population Growth
7%
Unemployment

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

  • Median List Price$550K
  • Median Selling Price$570K
  • Listing-to-Selling Ratio103.66%
  • Price Change (Month)%
  • Price Change (Year)%
  • Average Days on Market61
Note: Data based on last 28 days

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 61 days, on average and sells for 103.66% of the median list price. Detached houses for sale in Lambton Shores make up 100% of listings and sell for a median price of $699,900. 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 $570,000. 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 8 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.

17%
Rent
83%
Own
$686
Monthly Rent (Median)
$661
Monthly Mortgage (Median)
3,250
Total Families
$62,167
Family Income (Median)
52
Age (Median)
50%
College Educated

Commuters

According to Statistics Canada, residents in Lambton Shores use a variety of ways to get around.

91%
Drive
1%
Transit
1%
Bike
7%
Walk

FAQs About LAMBTON SHORES Real Estate

According to current Lambton Shores MLS© statistics, the average home listing price in Lambton Shores, ON is $811,000. Based on Lambton Shores housing inventory, the average home is listed on the market for 61 days and has a 103.7% selling to listing price ratio.

Based on current Lambton Shores MLS© data, the average detached house in Lambton Shores, ON has a listing price of $910,000. In Lambton Shores, detached houses are on the market for 61 days on average.

According to Statistics Canada Census data, the median total household income in Lambton Shores is $62,167 per year, which is below the national median income of $67,000 per year.

lambton-shores
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.