Camden, 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 Camden, Ontario
The real estate market in Camden, Ontario is currently characterized by moderate growth. With a median house price of $500,000, the housing sector has experienced a year-over-year increase of 3.5%. This indicates a steady upward trend in property values, reflecting consistent demand within the region. Similarly, the apartment sector also shows positive momentum with a median price of $300,000, and a somewhat slower growth rate of 2.1% year-over-year.
The population of Camden stands at 15,000 residents, and it has been expanding at a significant rate of 7.1%. This rapid population growth suggests a growing demand for housing which may contribute to sustained or increased price trends in the foreseeable future.
Investment Opportunities and Potential in Camden, Ontario
The current real estate trends in Camden present attractive investment opportunities. The consistent rise in median house prices indicates that investments made in residential properties are likely to appreciate over time. Furthermore, the robust population growth rate can be seen as an indicator of potential rental demand, making both houses and apartments appealing assets for investors seeking rental income or capital gains.
Given the fact that apartment prices are increasing at a slower rate than houses, there may be an untapped potential for investors to enter this segment of the market before it accelerates. As more people move into the area, demand for more affordable and smaller-scale living spaces like apartments could intensify.
Future Market Outlook for Camden, Ontario
The future market outlook for Camden is generally positive. The observed steady growth in property values is expected to continue as long as the population keeps rising at its current pace. Further economic development within Camden could enhance this growth trajectory by creating more jobs and attracting additional residents.
The ongoing demand for housing driven by population expansion may put upward pressure on both rental and sale prices. Investors should monitor any developments regarding infrastructure projects or changes in local policies that could further impact the real estate market dynamics.
In conclusion, while no market is without risk, Camden’s current trajectory coupled with its demographic trends provides a promising landscape for real estate investment. Stakeholders should nevertheless remain vigilant to shifts in market conditions that could arise from broader economic changes or local developments.
