Ayton, 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 Ayton, Ontario has been experiencing a steady growth with the median house price currently standing at $500,000, marking a year-over-year increase of 3.5%. This reflects a healthy demand for single-family homes in the area. The median apartment price is slightly less robust but still shows positive growth, with current figures at $300,000 and an appreciation trend of 2.1% year-over-year. The consistent growth across housing types indicates a balanced market that appeals to both homeowners and investors.
Investment Opportunities and Potential
With a growing population that has risen by 7.1%, currently pegged at 15,000, Ayton presents significant investment opportunities. The steady increase in property values suggests that investment in both residential houses and apartments could yield positive returns. The housing market’s resilience points towards a stable investment climate, particularly for those looking to invest in properties that are likely to benefit from the town’s population growth and corresponding demand for housing.
Future Market Outlook
The future real estate market outlook for Ayton is optimistic. Given the solid population growth coupled with consistent property value appreciation, it is projected that the demand for housing will continue to rise, potentially leading to a proportional increase in property prices. Investors can expect continued growth in the medium term based on current trends, making Ayton an attractive market for both residential and rental property investments.