Appleton, 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
The real estate market in Appleton, Ontario is currently experiencing steady growth. The median house price stands at $500,000, reflecting a year-over-year increase of 3.5%. This growth rate indicates a healthy demand for housing in the area, signifying consumer confidence and a strong local economy.
In contrast, the apartment sector shows a slightly less aggressive expansion with the median apartment price at $300,000 and a 2.1% year-over-year trend. This disparity between house and apartment price trends suggests that while there is an interest in more affordable housing options such as apartments, the demand for single-family homes is driving the market’s overall growth.
With a population of 15,000 that has grown by 7.1%, Appleton is on an upward trajectory regarding its demographic expansion. This influx of residents may be contributing to the increased demand for housing and can be expected to continue fueling the real estate market.
Investment Opportunities and Potential
Given the consistent rise in property values and population growth, investment opportunities in Appleton appear promising. The steady increase in median house prices provides investors with the potential for capital appreciation over time. Additionally, with population growth outpacing current housing supply increases, there is potential for both rental and sale markets to remain robust.
Investors looking into the apartment sector may find long-term rental income stability due to demand from individuals seeking more affordable housing options. However, it’s worth noting that since houses are appreciating at a higher rate than apartments, investors focused on capital gains might favor purchasing single-family homes over apartments.
Future Market Outlook
The future market outlook for Appleton’s real estate appears positive. With continued population growth and economic stability within the region, both housing demand and property values are expected to maintain an upward trend. The town’s ability to attract new residents—potentially due to job opportunities or lifestyle offerings—will be crucial in sustaining this momentum.
Careful monitoring of interest rates and economic policies will be important for predicting market fluctuations. However, provided that Appleton continues its current trajectory of growth and development, its real estate market should remain an attractive option for both homeowners and investors alike.
