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 steady increase in property values. With a median house price of $500,000 and an upward trend of 3.5% year-over-year, the market demonstrates resilience and sustained demand. The apartment segment also shows a positive trajectory with a median price of $300,000, which has risen by 2.1% from the previous year. The population of Acton stands at 15,000 and has been growing at a rate of 7.1%, suggesting a robust community expansion that may continue to fuel the housing market.
Investment Opportunities and Potential
Given the current growth trends in property values, Acton presents attractive investment opportunities for both residential and rental markets. The consistent increase in house prices indicates a stable investment environment for single-family homes. Meanwhile, the apartment sector offers potential for investors looking to enter the rental market or seeking more affordable entry points into real estate investment. The town’s population growth not only supports the demand for housing but also suggests future development possibilities that could benefit long-term investors.
Future Market Outlook
The outlook for Acton’s real estate market appears optimistic. The steady growth in property values is supported by the town’s expanding population base, which is likely to continue given its 7.1% growth rate. This demographic trend suggests ongoing demand for both ownership and rental properties. Barring any unforeseen economic shifts or policy changes that could affect affordability and lending rates, Acton’s housing market is poised to maintain its upward trajectory, making it an appealing location for prospective homeowners and investors alike.