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) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends in Alliston, Ontario
The real estate market in Alliston, Ontario is characterized by a balance between affordability and steady growth. With a median house price of $500,000 that has seen a year-over-year increase of 3.5%, the market is experiencing modest appreciation. Similarly, the median apartment price stands at $300,000, following a trend of 2.1% growth over the past year.
Alliston’s population of 15,000 has been growing at a rate of 7.1%, signaling strong demographic support for housing demand. The positive population trend suggests an increasing need for housing which could put upward pressure on property prices and rental rates over time.
Investment Opportunities and Potential in Alliston, Ontario
Investors may find significant opportunities in Alliston’s real estate market given the town’s growing population and rising property values. The consistent growth in house and apartment prices indicates a healthy market with potential for capital gains. Moreover, the town’s location within commuting distance to the Greater Toronto Area (GTA) positions it as an attractive option for those seeking more affordable housing options outside of the city.
For rental property investors, the population increase could lead to higher occupancy rates and potentially higher rents, improving cash flow scenarios for investment properties. Additionally, new development projects driven by the population expansion could present opportunities in both residential and commercial real estate sectors.
Future Market Outlook for Alliston, Ontario
The future market outlook for Alliston remains positive with continued growth anticipated based on current trends. The combination of affordable housing compared to nearby markets, steady price appreciation, and robust population growth establishes a foundation for sustained demand.
However, as with any real estate investment, there are risks to consider such as economic fluctuations that could affect employment rates or changes in interest rates that may impact borrowing costs. Investors should keep an eye on regional economic indicators and infrastructure developments that could influence future property values in Alliston.
In summary, Alliston presents an attractive market profile for both homebuyers and investors looking for stable growth and long-term potential within Ontario’s diverse real estate landscape.
