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Cairo, Ontario Real Estate Market Data

Updated: Nov 2024

House

Median price $485,000
Monthly growth 1.3%
Quarterly trend 4.0%
Stock on market 0.8%

Apartment

Median price $295,000
Monthly growth 0.8%
Quarterly trend 2.5%
Stock on market 1.1%

Prices by Number of Bedrooms

Houses

Bedrooms Median Price
2 bedrooms $420,000
3 bedrooms $485,000
4 bedrooms $590,000

Apartments

Bedrooms Median Price
1 bedrooms $240,000
2 bedrooms $340,000
3 bedrooms $425,000

Demographics

Current Population (2025) 15,200
Previous Population (2020) 14,800
Population Change 2.7%
Total Private Dwellings 6,200
Occupied Private Dwellings 5,700
Population Density (per km²) 1.5
Land Area (km²) 2,500.5

Market Analysis





Cairo, Ontario Real Estate Market Analysis

Current Market Conditions and Trends

The real estate market in Cairo, Ontario is currently experiencing a phase of steady growth. The median house price stands at $485,000, marking a year-over-year increase of 4%. This indicates a healthy demand for residential properties, coupled with a supply that is keeping pace with this demand. Similarly, the median apartment price has seen a growth rate of 2.5% year-over-year, with the current median price at $295,000. These figures suggest that the market is favorable for both single-family homes and multi-unit residential buildings.

Investment Opportunities and Potential

The investment landscape in Cairo presents significant opportunities, particularly for those interested in long-term capital gains. With a population growth rate of 2.7%, one of the higher rates in the region, there is an increasing demand for housing. The consistent rise in property values implies that investments made now could yield substantial returns as the market continues to mature. Given the current trends, areas for potential investment include new residential developments, renovations of existing properties to capitalize on increasing values, and the rental market which could benefit from the growing population.

Future Market Outlook

Looking ahead, the real estate market in Cairo is poised for sustained growth. The population of approximately 15,200 is on an upward trajectory, bolstering demand for housing. Assuming stable economic conditions continue, it’s reasonable to forecast that both house and apartment prices may maintain their upward trends. Investors and homeowners can be cautiously optimistic about the continued appreciation of property values in this market. That said, it’s crucial to monitor external economic factors such as interest rates and employment levels that could influence buyer purchasing power and potentially temper growth rates.