Brantford, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 4.0% |
| Stock on market | 0.7% |
Apartment
| Median price | $325,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $450,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $460,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 14,800 |
| Population Change | 2.7% |
| Total Private Dwellings | 6,500 |
| Occupied Private Dwellings | 6,000 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Brantford, Ontario is currently experiencing a period of moderate growth. With a median house price of $525,000 and a year-over-year increase of 4%, the housing market shows steady appreciation. This trend aligns with the city’s growing population, which has risen by 2.7% to reach 15,200 residents. The demand for housing is sustained by this population growth, generating a stable environment for both buyers and sellers.
Apartments in Brantford are also seeing an upward trend with the median price standing at $325,000, marking a 2.5% increase from the previous year. The rise in apartment prices suggests a healthy rental market that could attract investors looking for long-term income properties.
Investment Opportunities and Potential
The consistent growth in property values coupled with the city’s population expansion indicates promising investment opportunities in Brantford. Investors can benefit from competitive property prices relative to larger markets in Ontario while capitalizing on the potential for steady capital gains. The housing sector offers investment prospects through flipping or renting, given the low vacancy rates and rising rental demands.
Apartments present a particularly attractive investment at their current median price point of $325,000. As more individuals look for affordable living spaces in smaller cities like Brantford, investors might see increased demand for apartments, which could drive rental yields higher over time.
Future Market Outlook
The future of Brantford’s real estate market looks promising based on current trends and economic factors. Considering the steady population growth and consequent housing demand, it is reasonable to expect continued appreciation in property values. The 4% year-over-year increase in house prices may encourage more development projects to meet the burgeoning need for residential units.
Given its proximity to major economic centers while offering a more serene lifestyle, Brantford is strategically positioned to attract new residents seeking balance between urban conveniences and suburban charm. This influx could further strengthen the real estate market’s robustness.
However, it is important for investors and homebuyers to remain cognizant of broader economic conditions that could impact interest rates and borrowing costs. Staying informed about local and national policies affecting real estate is essential for making sound investment decisions going forward.
