Amwri, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $510,000 |
| Monthly growth | 1.3% |
| Quarterly trend | 4.0% |
| Stock on market | 0.8% |
Apartment
| Median price | $305,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $510,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $460,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 14,500 |
| Population Change | 4.8% |
| 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
The real estate market in Amwri, Ontario is currently experiencing steady growth. With a median house price of $510,000, the market has seen a year-over-year increase of 4%. Similarly, the median apartment price stands at $305,000, which reflects a 2.5% rise from the previous year. These trends suggest a healthy demand for housing in the area.
The population of Amwri has reached 15,200 residents, with a notable growth rate of 4.83%, indicating a robust influx of new inhabitants. This demographic expansion contributes to the increasing demand for housing and supports the ongoing appreciation of real estate values in the region.
Investment Opportunities and Potential
Given the positive trends in housing prices and population growth, Amwri presents attractive investment opportunities. The steady increase in property values provides investors with the potential for capital gains over time. Single-family homes, with their higher appreciation rate compared to apartments, stand out as particularly promising investments.
Apartments present an opportunity for those looking to invest in rental properties or seeking more affordable entry points into the real estate market. With a slightly lower appreciation rate than houses, apartments may appeal to investors focused on long-term rental income rather than short-term capital gains.
Future Market Outlook
The future market outlook for Amwri’s real estate remains optimistic given current trends and underlying factors. If the population continues to grow at its current pace, demand for housing is likely to sustain the upward pressure on property prices. The local economy and employment opportunities will play critical roles in maintaining this momentum.
Investors should monitor interest rates, government policies, and infrastructure developments as these elements could further influence Amwri’s real estate market dynamics. Caution and due diligence are advised to ensure that investments align with changing conditions and long-term strategic goals.
