Brock, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.7% |
Apartment
| Median price | $320,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $425,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $625,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $470,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Brock, Ontario is currently experiencing steady growth. With a median house price of $525,000, the market has seen a 4% year-over-year increase, indicating a healthy demand for residential properties. The apartment sector, although showing a more modest growth, has a median price of $320,000 and has experienced a 2.5% year-over-year increase. These trends reflect an overall positive trajectory in property values within the region.
The population of Brock stands at 15,500 and has been growing at a rate of 3.33%. This demographic expansion suggests a burgeoning demand for housing, further galvanizing the real estate market. Given these conditions—rising property values coupled with population growth—Brock’s real estate market is indicative of both stability and potential for prospective buyers and investors.
Investment Opportunities and Potential
Brock’s real estate market offers diverse investment opportunities. The consistent rise in house prices points to the potential for long-term capital appreciation for those investing in residential properties. Investors looking to enter the housing market can anticipate sustained interest due to the area’s population growth.
Investments in apartments also appear promising with continuous but gradual appreciation in value. The less steep increase in apartment prices compared to houses could make apartments an attractive entry point for investors seeking more affordable options or looking to cater to individuals who may prefer renting over homeownership.
Given Brock’s growing population and corresponding need for housing, development projects could also represent significant investment prospects. Investors might consider exploring new construction or renovation projects to meet both current and future demands for modern living spaces.
Future Market Outlook
The future outlook for Brock’s real estate market remains optimistic. The sustained increase in property values, alongside consistent population growth, paints a picture of ongoing demand and financial promise. If current trends persist, the median house and apartment prices are likely to continue their upward trajectory.
Moreover, if Brock maintains its appeal as a place to live—possibly due to factors such as employment opportunities, quality of life, and community investments—the real estate market could see further invigoration from both local and outside interest.
The existing data underscores the importance of staying informed on broader economic indicators that could influence the real estate sector. Monitoring interest rates, employment trends, and regional developments will be crucial for accurately assessing the continued vitality of Brock’s property market.
