Calabogie, 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
In Calabogie, Ontario, the real estate market has been exhibiting steady growth. The median house price currently stands at $500,000, representing a year-over-year increase of 3.5%. This consistent rise in housing prices signals a healthy demand for residential properties in the area. Apartments are also experiencing growth with a median price of $300,000 and a 2.1% year-over-year trend. Calabogie’s population has been on an upward trajectory with a notable growth rate of 7.1%, suggesting increased demand for housing driven by new residents settling in the region.
Investment Opportunities and Potential
The Calabogie real estate market presents attractive investment opportunities for both residential and rental properties. The steady increase in median house and apartment prices indicates a robust market where property values are appreciating at a sustainable pace. Investors can leverage the growing population’s need for housing by investing in single-family homes or developing multi-unit apartments that cater to individuals and families seeking long-term residence in the area. Due to the ongoing demand, rental properties are likely to offer stable income potential and capital gains over time.
Future Market Outlook
Looking ahead, the future market outlook for Calabogie seems optimistic. Given the strong population growth combined with sustained price trends, it is reasonable to expect that the demand for housing will continue to fuel the real estate market’s expansion. Unless significant economic shifts occur, investors can anticipate continued appreciation in property values and rental rates. Careful monitoring of infrastructure developments and employment opportunities will further inform potential long-term returns on investments made in this vibrant community.
