Beeton, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 4.0% |
| Stock on market | 0.6% |
Apartment
| Median price | $310,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $450,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $625,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $475,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,800 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Beeton, Ontario, is currently experiencing moderate growth with the median house price standing at $525,000, reflecting a 4% year-over-year increase. This steady rise indicates a healthy demand for single-family homes in the region. Meanwhile, the market for apartments is also showing positive movement, with the median apartment price at $310,000, which aligns with a 2.5% year-over-year uptick. These trends suggest a stable market that is attracting the interest of both homeowners and investors alike.
The population of Beeton has reached approximately 15,500 residents, growing at an encouraging rate of 3.3%. This demographic expansion can be attributed to Beeton’s appeal as a smaller community with accessibility to larger urban centers, combined with its own local amenities and charm. Such growth bodes well for the real estate market by increasing demand for housing.
Investment Opportunities and Potential
The current trajectory of Beeton’s real estate market presents several attractive opportunities for investment. Single-family homes have shown a consistent appreciation in value which is likely to continue given the area’s population growth and limited supply. The 4% growth in median house prices points towards a stable investment environment.
Apartments in Beeton are also proving to be promising investment assets, especially for those looking to cater to smaller households or rental markets. With a 2.5% growth rate, they offer a more accessible entry point into real estate investment and may appeal particularly to first-time investors or those looking to diversify their portfolios.
The ongoing population increase further supports the potential for rental investments as new residents may look for temporary housing before purchasing their own homes. With strategic property management and positioning, investors could see considerable returns from both capital appreciation and rental income.
Future Market Outlook
Looking ahead, the future of Beeton’s real estate market appears promising. The steady population growth serves as a strong indicator of sustained demand for housing. If current trends continue, we can expect further moderate increases in property values across both houses and apartments.
The limited supply of new housing developments compared to the growing population may put upward pressure on prices over time, potentially resulting in greater increases than currently observed. Investors should monitor development plans and zoning changes closely as these will play crucial roles in shaping the future landscape of the local real estate market.
In summary, Beeton provides both stable investment opportunities today and encouraging prospects for future growth. By remaining informed about local market developments and broader economic factors, investors can make strategic decisions that capitalize on Beeton’s evolving real estate dynamics.
