Beaverton, 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 Beaverton, Ontario, is currently characterized by moderate growth in property values. The median house price stands at $500,000, with a year-over-year increase of 3.5%. This steady uptick in housing prices indicates a healthy demand for residential properties. Similarly, apartments have seen a 2.1% increase in their median price over the past year, reaching $300,000. This growth, although more modest than that of houses, suggests stability in the local real estate market.
Given Beaverton’s population of 15,000—which has expanded by 7.1%—the town is experiencing a phase of demographic growth that is likely fostering demand for both ownership and rental properties. This demand is pushing prices upward at a sustainable rate and contributing to the overall health of the Beaverton real estate market.
Investment Opportunities and Potential
Investors considering Beaverton for real estate opportunities may find potential in various sectors of the market. The consistent increase in median house prices reflects an opportunity for capital gains in the medium to long term. Rental properties could also be lucrative due to population growth driving demand for living spaces.
The relatively lower median apartment price compared to houses provides an accessible entry point for investors looking to capitalize on the rental market or seek smaller-scale investment opportunities. Given the slower growth rate of apartment prices, investors may find these properties offer higher rental yields relative to their acquisition cost.
Future Market Outlook
The future outlook of Beaverton’s real estate market appears cautiously optimistic. Population trends are indicative of ongoing demand for housing which should underpin property values. However, investors and analysts should monitor economic factors such as employment rates and regional development initiatives which could impact future growth trajectories.
The current trends suggest that while the market is not experiencing explosive growth, it does present a stable environment with room for incremental appreciation in property value and investment returns. As always, potential investors should conduct thorough due diligence to align their investment strategies with their risk tolerance and financial objectives.
