Alliston, 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) | 6.0 |
| Land Area (km²) | 2,500.5 |
Market Analysis
1. Current Market Conditions and Trends
The real estate market in Alliston, Ontario, has been experiencing a steady increase in property values. With the median house price currently sitting at $500,000, the year-over-year growth rate stands at 3.5%. This indicates a healthy and stable growth pattern, suggesting that the demand for housing in Alliston remains strong. Similarly, apartment prices are also on the rise with a median price of $300,000 and a more modest growth rate of 2.1% year-over-year.
This gradual uptrend can be attributed to various factors including Alliston’s growing population, now reaching 15,000 residents with an impressive growth rate of 7.1%. This demographic expansion is likely due to Alliston’s appeal to both commuters and those seeking a smaller-town lifestyle while still being within proximity to larger urban centres.
2. Investment Opportunities and Potential
The consistent appreciation in property values presents promising investment opportunities for real estate investors and prospective homeowners alike. The sustained increase in median house and apartment prices indicates a strong potential for capital gains over the long term.
Fueled by the robust population growth, the demand for rental accommodations has also likely increased. Investors looking into rental properties will find that Alliston’s growth could lead to higher occupancy rates and potentially higher rental yields. Moreover, as the town continues to expand, there may be opportunities for development projects catered towards meeting the housing needs of its residents.
3. Future Market Outlook
The future market outlook for Alliston appears optimistic based on current trends and data. The steady population increase suggests ongoing demand for housing which should support continued property value appreciation. Given that the current trends are not showing signs of significant volatility or hyperinflation in prices, it is expected that Alliston’s real estate market will maintain its upward trajectory at a sustainable pace.
Investors should keep an eye on economic indicators such as employment rates, infrastructure development plans, and interest rates as they can affect overall market conditions. However, assuming no major economic disruptions occur, Alliston’s real estate market looks set to remain a promising area for both residential living and investment opportunities.
