Brantford, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 2.8% |
| Stock on market | 0.8% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 1.9% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $425,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $570,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $335,000 |
| 3 bedrooms | $425,000 |
Demographics
| Current Population (2025) | 101,000 |
| Previous Population (2020) | 99,000 |
| Population Change | 1.0% |
| Total Private Dwellings | 42,000 |
| Occupied Private Dwellings | 38,000 |
| Population Density (per km²) | 2.4 |
| Land Area (km²) | 2,100.0 |
Market Analysis
1. Current Market Conditions and Trends
The real estate market in Brantford, Ontario is experiencing a period of steady growth. With a median house price of $485,000, the market has seen a moderate year-over-year increase of 2.8%. This suggests that while there is growth, it is at a sustainable rate that could indicate long-term stability. The median apartment price currently stands at $295,000, which denotes a slightly slower growth rate of 1.9% year-over-year.
The population of Brantford has reached 101,000 with a growth rate of 1%, suggesting a consistent demand for housing due to its increasing population. This steady increase in residents can partially be attributed to the city’s appeal to those looking for more affordable housing options compared to larger urban centres and its proximity to major employment markets.
2. Investment Opportunities and Potential
Given the moderate increase in property values and the continuous population growth, Brantford presents several attractive investment opportunities. The relative affordability of both houses and apartments compared to larger cities in Ontario makes Brantford an accessible market for first-time homebuyers and investors alike.
Investors may find potential in purchasing residential properties to cater to the growing population. Additionally, the stable increase in property values indicates that investments today could appreciate reasonably over time, offering potential capital gains for long-term investors. The market also offers opportunities for rental investments, as the influx of residents may contribute to a rise in rental demand.
3. Future Market Outlook
Looking ahead, the future market outlook for Brantford appears optimistic. Assuming the city continues on its current trajectory of growth and development, demand for housing is likely to remain strong. The gradual increase in property prices suggests that the market is less susceptible to abrupt corrections or volatility often seen in overheated markets.
The city’s ongoing efforts to attract new businesses and enhance local amenities could further bolster the real estate market by creating more jobs and improving quality of life. As long as these positive trends continue, Brantford’s real estate market is poised for a stable yet promising future.
