Bolton, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $950,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 2.9% |
| Stock on market | 0.5% |
Apartment
| Median price | $450,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 1.7% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $800,000 |
| 3 bedrooms | $950,000 |
| 4 bedrooms | $1,100,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $400,000 |
| 2 bedrooms | $450,000 |
| 3 bedrooms | $500,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,500 |
| Population Change | 3.4% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,800 |
| Population Density (per km²) | 6.0 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Bolton, Ontario is currently experiencing a steady growth as indicated by the median house price of $950,000, which has increased by 2.9% year-over-year. Similarly, the median apartment price is now $450,000, marking a more modest year-over-year increase of 1.7%. These trends suggest that the market is becoming increasingly valuable, potentially reflecting both a strong local economy and an increased demand for housing in this area.
With a population of 15,000 residents and a significant population growth rate of 3.4%, Bolton is showing signs of expansion that may continue to stimulate housing demand. This demographic trend can be an important driver of both owner-occupied and rental housing markets. The healthy population increase also suggests a burgeoning community that could attract more businesses and services to the area.
Investment Opportunities and Potential
The positive trajectory in property values highlights potential investment opportunities in Bolton’s real estate market. Given the consistent growth in house prices coupled with the community’s expanding population, investors might find long-term capital gains in purchasing residential properties. Both the sale price trends for houses and apartments indicate stable appreciation rates that may appeal to investors looking for assets with less volatility.
Investors might also consider the rental market given the increasing population and potential demand for apartments. With a median apartment price at half that of houses, there may be significant opportunities for entering the market at a lower price point with potentially attractive rental yields.
Future Market Outlook
Bolton’s future real estate market outlook appears promising based on current trends and demographic indicators. Assuming continued economic stability and population growth, demand for housing is likely to remain strong, which could sustain or even accelerate current property value appreciation rates. However, prospective investors and homeowners should remain cognizant of broader economic factors such as interest rates, employment levels, and regional developments that could impact the local real estate market.
The ongoing growth pattern suggests that Bolton may continue to draw new residents seeking suburban comfort within proximity to larger urban centers. This influx could further drive up property values and create a dynamic market for both buyers and sellers. As always, it is recommended to conduct thorough research or consult with real estate professionals when considering investment decisions in this evolving market.
