Bainsville, 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 | $420,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $340,000 |
| 3 bedrooms | $460,000 |
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) | 6.0 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Bainsville, Ontario is currently experiencing stable growth. The median house price stands at $500,000, reflecting a year-over-year increase of 3.5%. This indicates a healthy demand for houses in the area, with prices growing at a moderate pace. Similarly, apartments are becoming increasingly valuable, with the median price at $300,000 and a growth trend of 2.1% over the past year. The sustained growth in both housing and apartment prices suggests that the market is balanced, with investment and homeownership remaining attainable for many individuals.
With a population of 15,000 that has grown by 7.1%, Bainsville is showing signs of economic expansion and an influx of new residents. This demographic shift is likely to contribute positively to the real estate market as more people seek housing opportunities within the town.
Investment Opportunities and Potential
The steady increase in property values combined with significant population growth positions Bainsville as an attractive location for real estate investors. The consistent rise in house prices offers potential for capital gains over the long term, while the growing population indicates a rising demand for rental properties.
Investors looking to enter the Bainsville market may find opportunities in purchasing residential properties to cater to families and professionals moving to the area. Additionally, investing in apartments could be a strategic move given their more accessible price point and the increasing trend toward smaller household sizes or individuals seeking affordable housing options.
Future Market Outlook
The future market outlook for Bainsville real estate appears promising. Assuming current trends continue, property values are expected to grow steadily. This growth trajectory is supported by the town’s robust population increase, which suggests continued demand for housing.
Economic development initiatives and infrastructure projects could further enhance Bainsville’s appeal as a place to live and invest in. However, potential investors should also monitor local economic conditions and stay informed about any regulatory changes that could impact the real estate market.
In conclusion, Bainsville presents itself as a municipality with solid potential for both residential living and real estate investment. Given its current path of growth and development, stakeholders can approach this market with cautious optimism.
