Atherley, 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 Atherley, Ontario, the real estate market is currently experiencing a steady increase in property values. The median house price stands at $500,000, which indicates a growth of 3.5% year-over-year. This trend suggests that the housing market is healthy and homes are appreciating at a sustainable rate. Meanwhile, the median apartment price is slightly lower at $300,000, with a slower growth trend of 2.1% year-over-year. This disparity in growth rates may be indicative of a stronger demand for single-family homes compared to apartments in this region.
Investment Opportunities and Potential
The current trends in Atherley’s real estate market show promising investment opportunities, especially for those looking at single-family homes. With houses appreciating faster than apartments, investors may find greater potential for capital gains in the detached housing segment. Moreover, the significant population growth of 7.1% is likely to drive demand for housing further, potentially leading to tighter market conditions and possibly higher returns on investment as supply struggles to keep pace.
Future Market Outlook
Looking ahead, the future market outlook for Atherley appears positive. The consistent population increase, now standing at approximately 15,000, is likely to continue fueling demand for both rental and owner-occupied properties. Given the current appreciation rates and sustained population growth, it’s reasonable to anticipate that property values will continue to rise, albeit potentially at different rates for houses versus apartments. Investors and homebuyers should monitor local economic developments and infrastructure investments closely as these factors could further influence the market dynamics in Atherley.