Ameliasburgh, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $545,000 |
| Monthly growth | 1.3% |
| Quarterly trend | 4.0% |
| Stock on market | 0.6% |
Apartment
| Median price | $320,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $475,000 |
| 3 bedrooms | $545,000 |
| 4 bedrooms | $675,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $270,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $460,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends in Ameliasburgh, Ontario
In Ameliasburgh, Ontario, the real estate market has been experiencing steady growth. The median house price currently stands at $545,000, marking a 4% increase year-over-year. This suggests that the market is maintaining a healthy upward trajectory, demonstrating resilience and continued demand for residential properties within the area.
Apartments in Ameliasburgh are showing a more modest growth trend with the median price at $320,000, which is up by 2.5% from the previous year. This slower pace of growth compared to houses could indicate a higher demand for single-family homes or possibly a saturation in the apartment market segment.
The population growth rate of 3.3% is indicative of a growing community that could further stimulate housing demand. With a population now at 15,500, Ameliasburgh is becoming an increasingly popular choice for both individuals and families seeking a blend of rural and suburban living.
Investment Opportunities and Potential in Ameliasburgh
Given the current market conditions, there are several investment opportunities worth noting in Ameliasburgh. Investors should consider the steady growth in house prices as an indicator of a robust market with potential for capital appreciation. The stability reflected by the 4% year-over-year increase suggests that investment in single-family homes could yield favorable returns.
The apartment sector also offers investment potential but at a more gradual pace. With a 2.5% increase in median prices, investors focusing on long-term gains might find value in this sector, especially if targeted towards demographics contributing to the population growth such as young professionals or small families.
With positive population trends and increasing property values, new development projects or renovations of existing properties could be promising ventures for both developers and individual investors looking to capitalize on the region’s growth and demand.
Future Market Outlook for Ameliasburgh
The future real estate market outlook for Ameliasburgh appears optimistic. If current trends continue with steady population growth and consistent increases in property values, we can anticipate sustained demand for housing. The continuous 3.3% population increase will likely keep driving the need for both rental and owner-occupied dwellings.
The persistent rise in median house prices suggests confidence among buyers and long-term investors alike. Given these factors, it is reasonable to expect that Ameliasburgh’s real estate market will remain active and potentially lucrative for savvy investors who enter with well-informed strategies that align with local market dynamics.
It is important to note that while historical data can inform predictions, external economic factors such as interest rates, employment rates, and government policies must be monitored closely as they can significantly impact local real estate markets.
