Bluewater, 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 Bluewater, Ontario, the real estate market has been exhibiting moderate growth. The median house price stands at $500,000, with a year-over-year increase of 3.5%. This steady uptick in housing prices reflects a healthy demand within the market. Meanwhile, the median apartment price is slightly more accessible at $300,000, showing a smaller annual increase of 2.1%. These trends suggest a balanced market progression that could be attractive to both homeowners and investors looking for long-term value appreciation.
Investment Opportunities and Potential
The investment landscape in Bluewater is promising due to its stable growth rates and the demographic trends underpinning the region. With a population of 15,000 and an impressive population growth rate of 7.1%, there are clear indicators of an expanding local economy and increased housing demand over time. Investment opportunities may particularly lie in single-family homes due to their higher appreciation rate, as well as in rental apartments to cater to those who prefer affordable housing or are not yet positioned to buy property in the market.
Future Market Outlook
The future outlook for Bluewater’s real estate market remains positive given current trends and demographic data. The consistent population growth suggests a sustainable demand for housing which could continue to push property values upward at a steady pace. Assuming no major economic disruptions occur, investors can expect continued growth in property values, with single-family homes likely leading in appreciation potential. The overall economic health of Bluewater should continue to attract new residents, further supporting the real estate market’s robustness.
