Acton, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.2% |
| Quarterly trend | 3.5% |
| Stock on market | 0.8% |
Apartment
| Median price | $300,000 |
| Monthly growth | 0.9% |
| Quarterly trend | 2.1% |
| Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $400,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $600,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $250,000 |
| 2 bedrooms | $350,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,000 |
| Population Change | 7.1% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,500 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Acton, Ontario is currently experiencing a period of moderate growth. The median house price in the town stands at $500,000, which reflects a year-over-year increase of 3.5%. This steady rise indicates a healthy demand for homes within the area. Similarly, the median apartment price is currently at $300,000, with a growth trend of 2.1% year-over-year. These statistics suggest that while the apartment market is growing, it is doing so at a slower pace compared to houses.
The population of Acton has reached approximately 15,000 residents, with a robust growth rate of 7.1%. This influx of new residents may continue to drive demand for housing in both the private home and apartment sectors.
Investment Opportunities and Potential
The positive trends in property values coupled with considerable population growth position Acton as an attractive location for real estate investment. The consistent rise in house and apartment prices provides investors with the potential for capital appreciation over time.
The stronger performance in the housing market suggests that investing in single-family homes could yield higher returns relative to apartments, although apartments offer a more accessible entry point into the market due to their lower median price point.
Growing populations typically result in increased rental demand, which can offer opportunities for investors looking to enter the buy-to-let market. With strategic investments, especially in areas where population growth is expected to continue or even accelerate, investors could benefit from both long-term asset appreciation and rental income.
Future Market Outlook
Moving forward, the future outlook for Acton’s real estate market appears positive. The consistent upward trend in property values indicates an ongoing demand that is likely to persist as long as the local economy remains stable and population growth continues.
If current trends hold, one might expect a continued moderate rise in housing prices across both segments of the market—houses and apartments. However, investors should remain observant of any external economic factors that might influence interest rates or employment levels which can have direct impacts on housing affordability and demand.
In conclusion, Acton’s real estate market shows potential for steady growth, particularly in areas supported by demographic trends and economic stability. Investors should consider both short-term gains through rental income and long-term investment horizons for capital appreciation when evaluating their strategies.
