Brampton, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $920,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 2.5% |
| Stock on market | 0.5% |
Apartment
| Median price | $580,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 1.9% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $750,000 |
| 3 bedrooms | $920,000 |
| 4 bedrooms | $1,100,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $500,000 |
| 2 bedrooms | $600,000 |
| 3 bedrooms | $700,000 |
Demographics
| Current Population (2025) | 650,000 |
| Previous Population (2020) | 635,000 |
| Population Change | 2.4% |
| Total Private Dwellings | 210,000 |
| Occupied Private Dwellings | 200,000 |
| Population Density (per km²) | 2.6 |
| Land Area (km²) | 265.5 |
Market Analysis
Current Market Conditions and Trends
In Brampton, Ontario, the real estate market is currently experiencing moderate growth. The median house price in the region is $920,000, with a year-over-year increase of 2.5%. This suggests a steady but modest appreciation in property values, which may indicate a relatively stable market. On the other hand, the median apartment price stands at $580,000, with a slightly lower annual growth rate of 1.9%. The differential growth rates between houses and apartments may reflect changing consumer preferences or potentially varying supply levels within these segments.
Investment Opportunities and Potential
Given the population of Brampton is 650,000 with a robust growth rate of 2.4%, demand for housing is likely to remain strong. This demographic trend offers significant investment potential as new residents look for both rental accommodations and properties to purchase. Investors considering entering the Brampton real estate market could explore opportunities in both residential sectors—single-family homes and multifamily units such as apartments or condominiums. Diversifying investments between these types can help mitigate risks associated with market fluctuations.
Future Market Outlook
Looking forward, the Brampton real estate market shows promise for sustained growth. The consistent population increase will likely continue to drive demand for housing. While current price trends are positive yet moderate, they could potentially accelerate if supply constraints become pronounced or if Brampton’s economy experiences significant new investment or job creation. Investors and homeowners should monitor key economic indicators and development plans within the city to inform their decisions. Careful consideration of long-term demographic trends and regional economic health will be crucial in predicting future market performance.
