Batawa, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $520,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 4.0% |
| Stock on market | 0.8% |
Apartment
| Median price | $310,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $440,000 |
| 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 | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Batawa, Ontario is currently characterized by steady growth. With a median house price of $520,000 and witnessing a year-over-year increase of 4%, the housing sector is showing resilience and upward momentum. Similarly, the apartment market is experiencing growth, albeit at a slightly slower pace with a median price of $310,000 and a 2.5% year-over-year trend. The robust market conditions are further supported by Batawa’s population growth of 3.3%, indicating an expanding community that could continue to drive demand for housing.
Investment Opportunities and Potential
Investors considering Batawa’s real estate market have promising prospects due to its steady price appreciation and demographic trends. The consistent rise in property values suggests a stable investment climate with potential for long-term capital gains. Additionally, the growing population may lead to increased rental demand, particularly for apartments, providing opportunities for rental income streams. Investors should also note the relative affordability of apartments compared to houses, which may attract first-time homebuyers or downsizers, thus broadening the investment scope within the marketplace.
Future Market Outlook
Looking ahead, Batawa’s real estate market outlook appears optimistic. Population growth is likely to remain a key driver for housing demand, supporting both sales activity and property value appreciation. If current trends persist, investors and homeowners can expect continued moderate price increases in both the house and apartment segments. However, external economic factors such as interest rates, employment levels, and regional developments should be monitored as they could influence the trajectory of the market. Overall, Batawa’s real estate market seems poised for ongoing growth with favorable conditions for both buyers and sellers.
