Ashburn, 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
In Ashburn, Ontario, the real estate market is currently experiencing moderate growth. The median house price is $500,000, reflecting a steady increase of 3.5% year-over-year. This growth rate indicates a healthy demand for housing in the area while still remaining accessible to a range of buyers. Similarly, the median apartment price stands at $300,000, with a slower yet consistent appreciation trend of 2.1% year-over-year.
The population of Ashburn has seen a significant rise of 7.1%, suggesting an influx of new residents and potential homebuyers. This demographic shift could be due to various factors such as employment opportunities, lifestyle changes, or the search for more affordable housing options compared to larger urban centers.
Investment Opportunities and Potential
The sustained price appreciation in both housing and apartment segments points to stable investment opportunities within Ashburn’s real estate market. Investors should take note of the ongoing demand driven by population growth, which may contribute to rental market strength and potential capital gains over time.
Houses in the median price range present an opportunity for long-term investment, especially considering the robust year-over-year price trend. Apartments offer a lower entry point into the market and may appeal to investors looking for rental properties catering to smaller households or professionals drawn to the region.
Future Market Outlook
The future market outlook for Ashburn remains optimistic based on current trends and demographic data. Continued population growth coupled with moderate price appreciation suggests that the demand for housing will persist, potentially leading to further property value increases.
This sustained growth trajectory offers a positive forecast for both homeowners looking to accumulate equity and investors seeking valuable additions to their real estate portfolios. However, it is crucial for all stakeholders to stay informed on regional economic developments and national policy changes that could impact local market dynamics.
