Apsley, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $495,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 4.2% |
| Stock on market | 0.8% |
Apartment
| Median price | $295,000 |
| 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 | $495,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $335,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 14,000 |
| Population Change | 5.1% |
| 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 Apsley, Ontario, is currently experiencing a steady growth trajectory. With the median house price standing at $495,000 and showing a year-over-year increase of 4.2%, the market is indicative of healthy demand and a robust local economy. Similarly, apartments in Apsley are also seeing an upward trend in prices with the median value at $295,000 and a 2.5% growth rate over the past year.
The population of Apsley has reached approximately 15,200 residents, reflecting a significant growth rate of 5.14%. This demographic expansion suggests that the area is becoming increasingly popular for new residents, which could be due to factors such as employment opportunities, lifestyle preferences or the natural beauty of the region.
Investment Opportunities and Potential
With consistent growth in both housing prices and population, Apsley presents several promising investment opportunities. The steady appreciation in property values indicates that purchasing real estate in this market could yield solid returns over time. Investment in single-family homes remains attractive given their higher appreciation rate compared to apartments.
Moreover, as the population continues to expand, there is potential for investors to capitalize on rental properties given the likely increase in demand for housing from new residents. Apartments could be particularly appealing for those seeking more affordable entry points into the real estate market or looking to cater to individuals or small families who prefer apartment living.
Future Market Outlook
The future outlook for Apsley’s real estate market appears optimistic based on current trends and data. The steady population growth coupled with consistent property value appreciation suggests that demand for housing will remain strong. If economic conditions remain favorable and the area continues to attract new residents, investors can expect continued growth in property values.
However, it’s important for investors to keep an eye on economic indicators and be aware of any changes that may impact the local real estate market. Factors such as interest rates, employment rates, and regional developments should be monitored closely to make informed investment decisions going forward.
