Campbellcroft, Ontario Real Estate Market Data
Updated: Nov 2024
House
Median price | $520,000 |
Monthly growth | 1.0% |
Quarterly trend | 4.0% |
Stock on market | 0.6% |
Apartment
Median price | $305,000 |
Monthly growth | 0.8% |
Quarterly trend | 2.5% |
Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
Bedrooms | Median Price |
---|---|
2 bedrooms | $450,000 |
3 bedrooms | $520,000 |
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
Current Market Conditions and Trends
The real estate market in Campbellcroft, Ontario is currently experiencing a period of steady growth. With a median house price of $520,000, the market has seen a year-over-year increase of 4%. This indicates a healthy demand for single-family homes and reflects consumer confidence in the area’s housing market stability.
In contrast, the median apartment price stands at $305,000, which has risen by a moderate rate of 2.5% over the past year. The slower growth rate in apartment prices may suggest a more significant interest in single-family homes or could indicate an abundance of apartment offerings that have yet to be absorbed by the market.
With a population of 15,500 that is expanding at a growth rate of 3.3%, Campbellcroft’s community is on an upward trajectory. This population increase can potentially lead to higher demand for housing across all sectors in the foreseeable future.
Investment Opportunities and Potential
The investment opportunities within Campbellcroft are promising due to consistent population growth and stable price appreciation. The modest yet steady increase in house prices suggests room for potential capital gains for those investing in residential properties. Investors might find particular value in targeting single-family homes which currently show stronger annual appreciation compared to apartments.
The ongoing demand driven by population growth also presents an opportunity for rental property investors. As new residents look for housing, the need for rental options could intensify, potentially leading to favorable rental yields and lower vacancy rates.
Future Market Outlook
Looking forward, the Campbellcroft real estate market appears poised for continued growth. Population trends suggest that there will be sustained demand for housing, which should support property values. If the current rate of price increases maintains its course without significant economic changes, investors and homeowners alike could benefit from stable asset appreciation.
The local government’s response to population growth through infrastructure development and community services will play a critical role in shaping the future market outlook. Positive developments in these areas may further enhance Campbellcroft’s attractiveness as a place to live and invest, reinforcing the positive trends observed in the housing market.