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Camborne, Ontario Real Estate Market Data

Updated: Nov 2024

House

Median price $510,000
Monthly growth 1.3%
Quarterly trend 3.8%
Stock on market 0.6%

Apartment

Median price $315,000
Monthly growth 1.0%
Quarterly trend 2.5%
Stock on market 1.0%

Prices by Number of Bedrooms

Houses

Bedrooms Median Price
2 bedrooms $425,000
3 bedrooms $510,000
4 bedrooms $620,000

Apartments

Bedrooms Median Price
1 bedrooms $260,000
2 bedrooms $360,000
3 bedrooms $460,000

Demographics

Current Population (2025) 15,500
Previous Population (2020) 15,000
Population Change 3.3%
Total Private Dwellings 6,200
Occupied Private Dwellings 5,700
Population Density (per km²) 1.6
Land Area (km²) 2,500.5

Market Analysis





Camborne, Ontario Real Estate Market Analysis

Current Market Conditions and Trends

The real estate market in Camborne, Ontario, is currently experiencing a period of moderate growth. With a median house price of $510,000, there has been a year-over-year increase of 3.8%. This suggests a steady demand for housing in the area, likely driven by the town’s amenities and its appeal as a residential community. The median apartment price stands at $315,000, with a smaller but still positive year-over-year growth of 2.5%.

The population of Camborne has been growing at a rate of 3.3%, indicating an influx of new residents and potential homebuyers. This growth could be attributed to a combination of factors including economic opportunities, quality of life, and the town’s proximity to larger urban centers.

Investment Opportunities and Potential

Investors looking at Camborne will find potential in both the single-family home and apartment segments, with consistent appreciation in property values across the board. Given the trending rise in median prices for both houses and apartments, investment properties in the area may yield solid returns through both rental income and capital gains over time.

The ongoing population growth further supports the idea that there will be sustained demand for rental properties, making it an attractive market for those looking to invest in buy-to-rent strategies. Additionally, new developments that cater to the needs of the growing population—such as family-friendly neighborhoods or complexes tailored to young professionals—could present opportunities for developers and investors alike.

Future Market Outlook

The future real estate market outlook for Camborne is cautiously optimistic. If current trends continue, with steady population growth and manageable property price increases, the market is poised for sustainable expansion. However, investors and homebuyers should keep an eye on external economic factors that could impact interest rates and borrowing costs.

As long as the local economy remains stable and continues to attract new residents through job creation or lifestyle offerings, the demand for housing should persist. The key to capitalizing on Camborne’s real estate market will be to monitor shifts in market dynamics closely and respond promptly to any changes in consumer behavior or broader economic conditions.