Buckhorn, Ontario Real Estate Market Data
Updated: Nov 2024
House
Median price | $500,000 |
Monthly growth | 1.2% |
Quarterly trend | 3.5% |
Stock on market | 0.8% |
Apartment
Median price | $300,000 |
Monthly growth | 0.9% |
Quarterly trend | 2.1% |
Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
Bedrooms | Median Price |
---|---|
2 bedrooms | $400,000 |
3 bedrooms | $500,000 |
4 bedrooms | $600,000 |
Apartments
Bedrooms | Median Price |
---|---|
1 bedrooms | $250,000 |
2 bedrooms | $350,000 |
3 bedrooms | $450,000 |
Demographics
Current Population (2025) | 15,000 |
Previous Population (2020) | 14,000 |
Population Change | 7.1% |
Total Private Dwellings | 6,000 |
Occupied Private Dwellings | 5,500 |
Population Density (per km²) | 1.5 |
Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Buckhorn, Ontario, is currently experiencing a steady increase in property values. With the median house price standing at $500,000, there has been a modest year-over-year growth of 3.5%. Similarly, the apartment sector is showing resilience, with a median price of $300,000 and an appreciation trend of 2.1% over the last year.
This consistent growth in property values is reflective of a healthy market that has managed to maintain upward momentum despite wider economic uncertainties. The current trends indicate a balanced market that provides opportunities for both sellers to gain a fair market value for their properties and for buyers to invest before prices rise further.
Investment Opportunities and Potential
Buckhorn’s growing population, which has seen a substantial increase of 7.1%, suggests a burgeoning market with significant investment potential. The consistent increase in property values coupled with demographic growth indicates a strong demand for housing. This presents investors with the opportunity to capitalize on both the residential sector for long-term capital gains and the rental market to cater to those who have not yet entered the housing market.
The current median prices suggest that entry into Buckhorn’s real estate market is accessible compared to larger urban centers, potentially offering higher yields and lower barriers for investment. Additionally, the positive growth trends provide some insulation against short-term market fluctuations, making real estate investment in Buckhorn an attractive prospect for both individual investors and investment groups.
Future Market Outlook
The future outlook of Buckhorn’s real estate market remains optimistic. Given the steady population growth and ongoing demand for housing, it is reasonable to expect that property values will continue their upward trajectory. The sustained annual growth rate indicates that investing now could result in significant returns as the market continues to mature.
Furthermore, if current trends persist, Buckhorn may see an influx of new developments and infrastructure improvements that typically follow population increases. This would likely bolster property values further and enhance the overall livability of the area—making it an even more attractive location for both residents and investors.
In conclusion, while no market is without risk, Buckhorn presents itself as a community with solid fundamentals underpinning its real estate sector. Investors looking for opportunities outside of overheated metropolitan markets may find this region offers both stability and potential for growth.