Aylmer, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $520,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.2% |
| Stock on market | 0.6% |
Apartment
| Median price | $320,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $450,000 |
| 3 bedrooms | $520,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $460,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,100 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
In Aylmer, Ontario, the real estate market is currently experiencing a period of steady growth. The median house price stands at $520,000, reflecting a year-over-year increase of 4.2%. This growth rate suggests a healthy demand for housing in the area, coupled with a market that is still accessible to buyers. Similarly, the median apartment price has grown to $320,000, marking a more modest year-over-year increase of 2.5%. These trends indicate a stable and growing real estate market that is maintaining its momentum.
Investment Opportunities and Potential
The consistent growth in property values in Aylmer presents several opportunities for real estate investors. The steady increase in both house and apartment prices demonstrates long-term investment potential. With houses appreciating at a faster rate than apartments, single-family homes may offer greater capital gains over time. However, the lower entry price point for apartments could be particularly attractive for first-time investors or those seeking rental properties to cater to the local population.
The population of Aylmer has grown by 3.3%, hinting at an increasing demand for housing as more people move into the area. This demographic shift could lead to higher rental occupancy rates and potentially higher rental yields for investors targeting the residential market.
Future Market Outlook
Looking ahead, Aylmer’s real estate market shows positive signs of continued growth. The population increase suggests an ongoing demand for housing, which could further drive property values up assuming supply remains constrained or grows at a slower pace.
The current market trends and population growth together paint an optimistic picture for both homeowners and investors in Aylmer. Assuming these conditions persist, the local real estate market should remain robust with potential for further appreciation in property values over time.
