Ameliasburg, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.7% |
Apartment
| Median price | $310,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $450,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $650,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $470,000 |
Demographics
| Current Population (2024) | 15,500 |
| Previous Population (2019) | 15,000 |
| Population Change | 3.3% |
| 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 Ameliasburg, Ontario, the real estate market is experiencing steady growth. The median house price is currently $525,000, which indicates a 4% increase year-over-year. This consistent upward trend reflects a healthy demand for single-family homes in the area. Similarly, the median apartment price has also risen to $310,000, marking a 2.5% year-over-year growth. These figures suggest that while the market for apartments is growing, it is doing so at a slightly slower pace than houses.
The local population has reached approximately 15,500 residents, with a notable growth rate of 3.3%. This demographic expansion contributes to the sustained demand for housing and supports the ongoing positive trends in property values.
Investment Opportunities and Potential
Given the steady increase in property values and population growth, Ameliasburg presents significant investment opportunities. The consistent rise in median house prices signals a robust market for single-family homes, likely driven by families looking for more space and a community-oriented lifestyle.
Apartments are also showing potential as an investment, with prices rising at a moderate pace. The demand for apartments may be fueled by young professionals or smaller families seeking affordable housing options or rental properties.
Investors considering Ameliasburg’s real estate should note the area’s attractiveness due to its blend of rural charm and access to local amenities. With careful market analysis and strategic investment, there is potential for both short-term gains through property flips and long-term returns from rental income or appreciation.
Future Market Outlook
The future outlook of Ameliasburg’s real estate market appears promising. Assuming current trends continue, both housing and apartment markets are poised for further growth. The ongoing population increase suggests that there will be continued demand for residential properties.
However, potential investors should monitor external economic factors such as interest rates, employment rates in the region, and broader provincial real estate policies that could impact market conditions. A proactive approach to understanding these variables will be key to making well-informed investment decisions moving forward.
In summary, Ameliasburg represents a real estate market with solid fundamentals—demonstrated by consistent property value increases and population growth—offering attractive opportunities for investors who are prepared to engage with the local market dynamics.
