Aldershot, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $950,000 |
| Monthly growth | 1.3% |
| Quarterly trend | 4.2% |
| Stock on market | 1.0% |
Apartment
| Median price | $450,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.5% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $800,000 |
| 3 bedrooms | $950,000 |
| 4 bedrooms | $1,100,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $400,000 |
| 2 bedrooms | $450,000 |
| 3 bedrooms | $500,000 |
Demographics
| Current Population (2025) | 16,000 |
| Previous Population (2020) | 15,000 |
| Population Change | 6.7% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,800 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
In Aldershot, Ontario, the real estate market is experiencing steady growth. The median house price in the region stands at $950,000, reflecting a year-over-year increase of 4.2%. This level of growth indicates a healthy demand for detached homes in the area, aligning with broader trends seen across many Canadian markets where single-family homes are highly sought after. Similarly, apartments in Aldershot are also witnessing appreciation, with the median apartment price now at $450,000 and growing at a rate of 2.5% year-over-year.
The population of Aldershot has grown to approximately 16,000 residents, showcasing a robust increase of 6.7%. This population growth can be attributed to the town’s appealing characteristics such as its proximity to larger job markets, natural scenery, and community amenities. The influx of new residents has contributed to the demand for housing and helps explain the current market conditions.
Investment Opportunities and Potential
The positive trends in property value growth coupled with significant population increases suggest that Aldershot holds promising investment opportunities. For investors looking to enter the residential real estate market or expand their portfolio, single-family homes present an attractive option given their higher rate of appreciation. Similarly, apartments offer a lower barrier to entry for investment and remain a viable choice due to their steady price increase.
The sustained demand for housing is likely to continue as Aldershot’s population grows and its local economy strengthens. Investors may also find opportunities in rental properties since an expanding population could lead to increased demand for rental accommodations. Strategic investments in areas poised for further development or infrastructure improvements could yield substantial returns over time.
Future Market Outlook
The future real estate market outlook for Aldershot remains optimistic. The consistent growth in house and apartment prices is expected to persist as long as the current drivers—population expansion and economic stability—continue. The 6.7% population growth underlines this confidence by suggesting ongoing inward migration and organic growth within the town.
Real estate investors should monitor potential economic developments and infrastructure projects that may significantly impact property values. Furthermore, keeping an eye on national housing policies and interest rates will be crucial since these factors can influence buyer sentiment and affordability.
In conclusion, based on current data and observed trends, Aldershot’s real estate market presents a positive outlook for both homeowners looking to sell or hold onto their properties and for investors considering entering or expanding within the market.
