Beachville, 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 in Beachville, Ontario
The real estate market in Beachville, Ontario, is currently characterized by moderate growth. The median house price stands at $500,000, indicating a steady year-over-year increase of 3.5%. Similarly, the apartment sector is showing signs of growth with a median price point of $300,000 and a more modest appreciation of 2.1% from the previous year. These trends suggest a stable market that is growing at a sustainable pace.
The town’s population has experienced significant growth, reported at 7.1%, which likely contributes to increased housing demand. This demographic expansion can be attributed to several factors including an influx of new residents attracted by employment opportunities or the allure of small-town living close to larger urban centres.
Investment Opportunities and Potential in Beachville
Given the steady increase in property values, Beachville presents attractive investment opportunities for both residential and rental markets. The population growth paired with the consistent rise in property values suggests that demand for housing is likely to remain strong. Investors could potentially benefit from both capital appreciation and rental income in this market.
For those looking to invest in residential properties, single-family homes are experiencing a higher rate of appreciation compared to apartments, potentially offering greater returns on investment over time. The rental market also appears promising due to the population uptick, making it an opportune time for investors to consider purchasing rental properties or developing multi-family units.
Future Market Outlook for Beachville
The future real estate market outlook for Beachville appears optimistic. With ongoing population growth and sustained interest in the area, housing demand is expected to persist. If the current trends continue, property prices are likely to maintain their upward trajectory, albeit at a conservative pace that mitigates the risk of overheating the market.
However, investors and homeowners should be mindful of broader economic conditions that could impact interest rates and affordability. Additionally, as more people discover Beachville’s appeal, there may be potential for infrastructure developments that can further stimulate the local real estate market and contribute to long-term growth prospects.
In summary, Beachville’s real estate market demonstrates promising conditions for investment and growth. With careful consideration of broader economic factors and continuous monitoring of local developments, stakeholders can make informed decisions that capitalize on the town’s positive trends.
