Severn Real Estate

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

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  3. Severn Real Estate

Home Prices in Severn

The asking price of homes for sale in Severn has decreased -15.52% since September last year, while the number of homes for sale has decreased -90.72%. See more Severn Home Prices & Values.

House
Median Asking Price
$787K
60 Houses
Townhouse
Median Asking Price
$588K
3 Townhouses
Condo
Median Asking Price
$0
0 Condos

Find Real Estate & MLS® Listings in Severn

Zolo has the most thorough, up-to-date set of Severn real estate listings. Currently, Severn has 91 homes for sale, including 59 houses, 0 condos, and 3 townhouses for sale. The average sold price for all home types in Severn is $625K, which is 11% higher than September 2019. See our Severn housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

Severn is home to 5 unique neighbourhoods. With Zolo you'll be able to find the hottest Severn 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 Severn is updated every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Severn real estate agents to get started on landing your dream home today.

Severn City Guide

12K
Population
2.9%
Population Growth
8%
Unemployment

Located in Ontario, the city of Severn has a population of 12,377. The 2.9% population growth for this city is above average when compared to other Canadian cities.

There are 5.73% of immigrants in in Severn, 0.16% of which are recent immigrants to Canada. Other than English, the most common language spoken is French, with 1% of residents reporting it as their mother tongue. The largest cultural community within Severn is English at 43%, followed by Canadian at 32% and Irish at 29%.

Severn offers good employment opportunities with an unemployment rate that sits near 8%, which is above average when compared to other cities. Approximately 49% of residents hold a university degree. Residents can expect an exceptional quality of life in Severn based upon an above average median family income of $66,186.

According to Statistics Canada 96% of Severn residents drive. About 7% of residents that are already established within the city will move within a year, while 26% will move within five years.

Severn's population is higher than average when it comes to homeownership, with 92% owning a home and 8% renting. The median monthly mortgage cost is estimated to be about $1,001, which is above average when compared to renters in other Canadian cities.

In the Canadian real estate context, Severn is a good place to to buy a home.

Neighbourhoods

Severn is acknowledged as the city for outstanding localities. To help you to find the most identify area to settle consider each of Severn's 5 neighbourhoods. Better still, spend the weekend appraising open houses in Severn. Ask the agent on duty about the street. Their local knowledge will help in narrowing down the best spot to set up roots in the Canadian real estate market.

Neighbourhood
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1Coldwater 38% 50% $493K 7
2Rural Severn 31% 13% $677K 31
3West Shore 0% 50% $558K 2
4Port Severn 0% 33% $1.1M 6
5Washago 0% 0% $291K 17

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 Severn’s demographics, including median age, schools and income, using census information from Statistics Canada.

8%
Rent
92%
Own
$682
Monthly Rent (Median)
$1,001
Monthly Mortgage (Median)
3,705
Total Families
$66,186
Family Income (Median)
47
Age (Median)
49%
College Educated

Commuters

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

96%
Drive
1%
Transit
0%
Bike
3%
Walk

FAQs About Severn Real Estate

According to current Severn MLS© statistics, the average home listing price in Severn, ON is $925,000. Based on Severn housing inventory, the average home is listed on the market for 32 days and has a 98.4% selling to listing price ratio.

Based on current Severn MLS© data, the average detached house in Severn, ON has a listing price of $928,000. In Severn, detached houses are on the market for 32 days on average.

In Severn, ON, the most expensive neighbourhoods to buy a home include Rural Severn, Coldwater, West Shore and Port Severn. Rural Severn is the most expensive neighbourhood in Severn with an average home price of $1,040,000.

The cheapest neighbourhoods to buy a home in Severn include Washago, Port Severn, West Shore and Coldwater. Washago is the most affordable neighbourhood in Severn with an average home price of $712,000.

The closest cities to Severn, ON include Orillia, Severn Bridge, Oro-medonte and Gravenhurst. Out of the nearby Severn cities, Oro-medonte has the highest average home price of $1,459,000 and Severn Bridge has the most affordable average home price of $252,000.

The average townhouse in Severn has an average listing price of $588,000, which represents a 50.8% change in price from last year. There are currently 3 townhouses for sale in Severn, ON.

According to Statistics Canada Census data, the median total household income in Severn is $66,186 per year, which is slightly below the national median income of $67,000 per year.

In Severn, ON, fewer people rent their homes than own at 8.2% rent versus 91.8% own. The median monthly rent price is $9,000 per month versus the median monthly mortgage of $3,400 per month.

severn