Caesarea, 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 Caesarea, Ontario currently presents a steady increase in property values, indicating a healthy demand for housing in the area. The median house price sits at $500,000, with a 3.5% year-over-year growth. This suggests stability and consistent interest in single-family homes. Similarly, the median apartment price has seen a rise to $300,000, with a slightly lower year-over-year increase of 2.1%. These figures demonstrate an ongoing buyer interest that is somewhat more pronounced in the house segment compared to apartments.
Investment Opportunities and Potential
The investment opportunities in Caesarea are promising given the current trends. With a significant population growth of 7.1%, there is potential for increased rental demand, especially as the local population expands to 15,000 residents. The real estate market’s growth rate indicates that investments made now could appreciate over time. Both housing segments—houses and apartments—are experiencing upward trends, but houses show a higher growth rate, which might be indicative of better long-term investment returns for single-family units.
Future Market Outlook
The future outlook of Caesarea’s real estate market remains optimistic. The strong population growth coupled with the appreciating property values suggests that the demand for housing will continue to drive the market forward. Should these trends persist, investors can expect sustained or potentially increasing returns on investments made in residential properties. The market demonstrates resilience and potential for growth making it an attractive option for both homeowners and investors alike.
