Trending
A red, white, and black flag with a white background.

Burford, 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






Burford, Ontario Real Estate Market Analysis

Current Market Conditions and Trends

In Burford, Ontario, the real estate market has demonstrated a steady growth trend. With a median house price of $500,000 and an incremental year-over-year increase of 3.5%, the housing market is showing resilience and moderate appreciation. The apartment sector is experiencing a similar upward trend, though at a slightly more modest pace with a median price of $300,000 and a year-over-year growth of 2.1%. This growth can be attributed to the robust population increase of 7.1%, which suggests that Burford is becoming an increasingly desirable location for families and professionals alike.

Investment Opportunities and Potential

The current trends in the Burford real estate market point to healthy investment opportunities. The steady price appreciation indicates a strong market with potential for continued growth, making it an attractive option for long-term investors. Considering the significant population growth rate, demand for housing is likely to remain high, benefiting both rental and resale markets. Investors might find particular value in the single-family home sector given its stronger appreciation rate compared to the apartment sector.

Future Market Outlook

The future market outlook for Burford remains optimistic. Given the solid population growth combined with economic stability, it is reasonable to anticipate that the demand for housing will continue to rise, potentially leading to an acceleration in property value appreciation. As more individuals seek to move into this region attracted by its lifestyle offerings and community environment, we may see further tightening of inventory which could push prices upward at a greater pace than observed in the past year.