Baden, 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 (2024) | 15,000 |
| Previous Population (2019) | 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
1. Current Market Conditions and Trends
In Baden, Ontario, the real estate market is showing signs of steady growth, with a median house price currently sitting at $500,000. This reflects a year-over-year increase of 3.5%, indicating a stable upward trend in property values for single-family homes. The median apartment price is comparatively lower at $300,000, with a slightly more modest growth rate of 2.1% year-over-year.
The population of Baden has reached approximately 15,000 residents, experiencing a notable growth rate of 7.1%. This demographic expansion supports the ongoing demand for housing in the region and suggests that the market is being driven by both local factors and potentially an influx of new residents seeking residential or investment opportunities.
2. Investment Opportunities and Potential
The consistent growth in property values coupled with the robust population increase positions Baden as an attractive location for real estate investment. The steady appreciation in house prices indicates a healthy market where investments can expect to see solid capital gains over time. In particular, there is potential in the single-family home sector, where the higher rate of appreciation may offer greater long-term returns.
Apartments offer an alternative investment route with a lower entry point at a median price of $300,000. While their appreciation rate is more modest, they may provide opportunities for rental income streams owing to the expanding local population and demand for diverse housing options.
3. Future Market Outlook
The future outlook for Baden’s real estate market remains optimistic. The ongoing population growth suggests that demand for housing will continue to rise, supporting current trends of increasing property values. Should current economic conditions persist—characterized by low interest rates and strong employment data—the housing market is likely to maintain its positive trajectory.
Investors should remain aware of broader economic indicators and regional developments that could influence the market dynamics. However, given the current data reflecting both demographic and real estate trends, Baden represents a promising locale for both residential buyers looking to settle in a growing community and investors seeking sustainable growth in their real estate portfolios.
