Aldershot, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $850,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.6% |
Apartment
| Median price | $450,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 2.6% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $700,000 |
| 3 bedrooms | $850,000 |
| 4 bedrooms | $1,100,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $375,000 |
| 2 bedrooms | $450,000 |
| 3 bedrooms | $525,000 |
Demographics
| Current Population (2025) | 16,000 |
| Previous Population (2020) | 15,500 |
| Population Change | 3.2% |
| Total Private Dwellings | 6,500 |
| Occupied Private Dwellings | 6,000 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Aldershot, Ontario, is currently experiencing steady growth. With a median house price of $850,000, the market has seen a year-over-year increase of 4%. This suggests a stable and growing demand for detached homes in the area. Similarly, apartments are becoming increasingly valuable, with the median price at $450,000 and a growth trend of 2.6% over the past year.
The population of Aldershot stands at about 16,000 residents with a healthy growth rate of 3.2%. This demographic trend underscores an expanding local economy and could potentially sustain the ongoing demand for housing. The current conditions indicate an active market where properties are appreciating at a moderate pace.
Investment Opportunities and Potential
Aldershot presents diverse investment opportunities given its balanced growth in both the housing and apartment sectors. Investors can capitalize on the steady appreciation rates in detached homes, which is particularly attractive for long-term investment strategies aimed at capital gains. The consistent rise in apartment values also suggests a robust rental market that could provide reliable income streams.
The town’s population increase further supports investment potential, as new residents may boost demand for rental properties. The current trends point towards an opportunity for investors to enter a growing market with expectations of both asset appreciation and rental yield.
Future Market Outlook
Looking ahead, the future market outlook for Aldershot is optimistic. The sustained population growth should continue to support housing demand. Assuming no major economic disruptions occur and interest rates remain favorable, the real estate market is likely to maintain its upward trajectory.
The modest yet consistent price increases across both houses and apartments indicate a balanced growth trajectory without signs of overheating. For potential homebuyers and investors alike, Aldershot offers a promising environment for real estate ventures with potential for further development as regional infrastructure evolves to accommodate the growing population.
