Drummond and North Elmsley real estate market report

Real Estate Stats & Sold House Prices in Drummond North Elmsley

Statistics for the last 90 Days ending April 16, 2024 in Drummond

There were 15 homes sold in Drummond North Elmsley in the last 3 months, with an average price of $540,587, that's a decrease of 9.1% over this same period last year, and includes all house types.

Related Page: Homes for Sale in Drummond North Elmsley

Statistics for 2023 in Drummond/North Elmsley

There were 90 homes sold in Drummond / North Elmsley in 2023, with an average price of $668,949, that's a decrease of 3.3% over the previous year, this includes all house types.

Drummond / North ElmsleyHistorical Home Prices, with Percentage change over Previous Year.

Year # Sales Average Price % Change
2000 109 $116,037 -- 
2001 100 $130,739 12.7%
2002 99 $148,812 13.8%
2003 113 $163,333 9.8%
2004 97 $181,758 11.3%
2005 134 $192,143 5.7%
2006 129 $204,016 6.2%
2007 143 $231,662 13.6%
2008 144 $236,621 2.1%
2009 144 $249,686 5.5%
2010 134 $253,905 1.7%
2011 138 $240,761 5.2%
2012 129 $292,432 21.5%
2013 169 $276,817 -5.3%
2014 155 $303,767 9.7%
2015 167 $315,796 4%
2016 165 $311,329 -1.4%
2017 138 $319,242 2.5%
2018 138 $345,976 8.4%
2019 139 $373,339 7.9%
2020 120 $432,895 16%
2021 155 $616,967 42.5%
2022 111 $691,541 12%
2023 90 $668,949 -3.3%

Keep an eye on the real estate activity in Drummond and North Elmsley, set up a Market Report and as new listings come up, you'll see them right away and see the average price for all homes that are listed.

About Drummond / North Elmsley

Located between the towns of Perth and Smiths Falls on the north shore of the Rideau River, the rural township of Drummond/North Elmsley is located in eastern Ontario's in central Lanark County (Ontario's Maple Syrup capital). It's boundaries include the historic Rideau River to the south and the Mississippi River to the northwest. It also includes the Hamlets of Port Elmsley, Innisville, Balderson, Wayside, Drummond Centre, Ferguson's Falls and Rideau Ferry. In the southern portion of the municipality you'll find many lakes, mixed forests, rivers, rolling hills and very fertile farmland. 

It's home to world champion equestrian show jumper Ian Millar and is the southern gateway to Lanark County's "Maple Syrup Trail". 

Owing to its location, between the Mississippi River and the Rideau River, wetlands and forests, the area has a vast array of wildlife for viewing, including the Gray ratsnake and the Blanding's turtle.

Familiar wetlands include Tay Marsh (south of Perth) and The Swale (near Smiths Falls). Many of the smaller wetlands throughout the county are produced by beavers. The beaver ponds also provide habitat for other species like frogs, turtles, otters, muskrats and migratory waterfowl.

According to Census 2021, the population was 3,287, up 5.3% from 2016. The median age is now 50 for both males and females, and the median income in 2016 of $81,303.

Schools and Hospitals:

There are two public schools: Drummond Central School, North Elmsley Public School

Nearby is the Perth campus of Algonquin College.

Residents can also take advantage of either the Perth or Smiths Falls District Hospitals, as well as an array of medical-related facilities throughout their community.

Recreation:

With the amount of accessible water and natural environment, residents enjoy fishing, swimming, kayaking, cycling, canoeing, boating, hiking, cross-country skiing, and bird watching.

Residents can enjoy the conveniences of both Perth and Smiths Falls - both tourist attractions, rich with heritage and loads of shopping opportunities.