Beeton, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $550,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.6% |
Apartment
| Median price | $320,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $475,000 |
| 3 bedrooms | $550,000 |
| 4 bedrooms | $650,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $270,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $480,000 |
Demographics
| Current Population (2025) | 16,000 |
| Previous Population (2020) | 15,500 |
| Population Change | 3.2% |
| 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
As of the latest data, Beeton, Ontario presents a stable real estate market with moderate growth in property values. The median house price in Beeton stands at $550,000, with a year-over-year increase of 4%. This trend showcases a steady appreciation in housing value, reflecting healthy demand relative to supply. Similarly, the median apartment price has seen a rise to $320,000, marking a 2.5% year-over-year growth. The population of Beeton is currently around 16,000 residents, with an upward trajectory showing a 3.2% growth rate. This demographic expansion is likely contributing to the sustained demand for housing in the area.
Investment Opportunities and Potential
The consistent growth in property values coupled with the expanding population indicates promising investment opportunities in Beeton’s real estate market. With single-family homes appreciating at a rate of 4%, investors could anticipate continued demand and potential capital gains. Moreover, apartments are becoming an increasingly attractive option due to their lower entry price point and 2.5% appreciation rate, catering to smaller families or professionals seeking affordable housing solutions.
Given the town’s growing population and incremental housing demand, developers and investors might also explore new construction projects or renovations to existing properties as means to capitalize on the market’s potential. Additionally, rental properties may offer lucrative returns given the influx of residents seeking accommodation in the region.
Future Market Outlook
The future of Beeton’s real estate market appears optimistic based on current trends and demographic data. Assuming the continuation of current economic conditions and population growth rates, it is reasonable to expect ongoing demand for housing which should support further property value appreciation. However, investors should remain vigilant regarding interest rate changes, economic shifts, and local development policies which could affect future market dynamics.
The strategic positioning of investments towards areas with projected infrastructure improvements or community developments may yield higher returns as these can enhance property values over time. With prudent investment strategies and attention to emerging trends, stakeholders can potentially benefit from Beeton’s promising real estate market outlook.
