Springwater Real Estate

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

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Home Prices in Springwater

The asking price of homes for sale in Springwater has decreased -16.99% since May last year, while the number of homes for sale has decreased -85.57%. See more Springwater Home Prices & Values.

House
Median Asking Price
$872K
90 Houses
Townhouse
Median Asking Price
$0
0 Townhouses
Condo
Median Asking Price
$0
0 Condos

Find Real Estate & MLS® Listings in Springwater

Zolo has the most thorough, up-to-date set of Springwater real estate listings. Right now, Springwater has 1 homes for sale, including 90 houses, 0 condos, and 0 townhouses on the market. The average sold price for all home types in Springwater is $754K, which is -1% lower than May 2019. See our Springwater housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

Springwater is home to 9 unique neighbourhoods. With Zolo you'll be able to find the fastest selling Springwater neighbourhoods, the best 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 Springwater is added every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Springwater real estate agents to get started on landing your dream home today.

Springwater City Guide

18K
Population
4.4%
Population Growth
8%
Unemployment

Located in Ontario, the city of Springwater has a population of 18,223. The 4.4% population growth for this city is below average when compared to other Canadian cities.

There are 8.74% of immigrants in in Springwater, 0.6% of which are recent immigrants to Canada. Other than English, the most common language spoken is French, with 2% of residents reporting it as their mother tongue. The largest cultural community within Springwater is English at 40%, followed by Canadian at 37% and Scottish at 32%.

Springwater offers good employment opportunities with an unemployment rate that sits near 8%, which is average when compared to other cities. Approximately 55% of residents hold a university degree. Residents can expect an exceptional quality of life in Springwater based upon an above average median family income of $84,723.

According to Statistics Canada 95% of Springwater residents drive. About 11% of residents that are already established within the city will move within a year, while 33% will move within five years.

Springwater's population is higher than average when it comes to homeownership, with 91% owning a home and 9% renting. The median monthly mortgage cost is estimated to be about $1,176, which is below average when compared to renters in other Canadian cities.

In the Canadian real estate context, Springwater is a good place to set down roots.

Neighbourhoods

Springwater is recognized as the city for considerable localities. To help you to find the most acquire neighbourhood to settle consider each of Springwater's 9 neighbourhoods. Better still, spend the weekend inspecting open houses in Springwater. Ask the agent on duty about the district. 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
1Elmvale 43% 43% $478K 13
2Hillsdale 33% 33% $646K 5
3Phelpston 25% 25% $756K 4
4Centre Vespra 18% 0% $880K 6
5Midhurst 8% 0% $733K 18

Nearby Cities

Many expectant homeowners choose homes for sale in neighbourhoods that are further from Springwater's downtown core. Suburban areas usually offer larger homes on larger lots. For even more options, consider commuting into Springwater's core from a nearby city, such as Tay, , and . Even neighbouring cities that require a bit of a longer commute, such as , , and , are good options as they offer excellent housing options, often at more economical prices.

City
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1Barrie 31%25%$521K494
2Innisfil 17%18%$547K390
3Springwater 14%11%$739K100

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

9%
Rent
91%
Own
$942
Monthly Rent (Median)
$1,176
Monthly Mortgage (Median)
5,180
Total Families
$84,723
Family Income (Median)
42
Age (Median)
55%
College Educated

Commuters

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

95%
Drive
2%
Transit
1%
Bike
3%
Walk

FAQs About Springwater Real Estate

According to current Springwater MLS© statistics, the average home listing price in Springwater, ON is $1,082,000. Based on Springwater housing inventory, the average home is listed on the market for 41 days and has a 97.7% selling to listing price ratio.

Based on current Springwater MLS© data, the average detached house in Springwater, ON has a listing price of $1,063,000. In Springwater, detached houses are on the market for 41 days on average.

In Springwater, ON, the most expensive neighbourhoods to buy a home include Snow Valley, Minesing, Midhurst and Anten Mills. Snow Valley is the most expensive neighbourhood in Springwater with an average home price of $897,000.

The cheapest neighbourhoods to buy a home in Springwater include Elmvale, Rural Springwater, Hillsdale and Phelpston. Elmvale is the most affordable neighbourhood in Springwater with an average home price of $716,000.

The closest cities to Springwater, ON include Wasaga Beach, Essa, Angus and Tay. Out of the nearby Springwater cities, Essa has the highest average home price of $1,026,000 and Angus has the most affordable average home price of $515,000.

According to Statistics Canada Census data, the median total household income in Springwater is $84,723 per year, which is above the national median income of $67,000 per year.

In Springwater, ON, fewer people rent their homes than own at 9.4% rent versus 90.6% own. The median monthly rent price is $2,500 per month versus the median monthly mortgage of $2,000 per month.

springwater
The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor Zolo.