Campbellfordseymour, 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 Campbellfordseymour, Ontario
In Campbellfordseymour, Ontario, the real estate market is currently characterized by a steady growth in property values. The median house price in the region stands at $500,000, reflecting a consistent year-over-year increase of 3.5%. This indicates a stable demand for single-family homes and resilience in the local housing market. Similarly, the apartment sector has shown positive momentum with the median apartment price reaching $300,000, along with a modest annual appreciation of 2.1%.
The population of Campbellfordseymour has seen a healthy growth rate of 7.1%, which suggests an expanding local economy and potentially increasing demand for housing. The influx of residents may be attributed to the town’s attractive amenities, affordable cost of living compared to larger urban centers, and its appeal to both retirees and working professionals seeking a quieter lifestyle away from the city.
Investment Opportunities and Potential in Campbellfordseymour
Given the current market conditions, investment opportunities in Campbellfordseymour are appealing, particularly in the residential sector. The continuous increase in property values provides an optimistic outlook for investors looking for capital gains over the medium to long term. With house prices growing at a higher rate compared to apartments, investing in single-family homes could yield better returns due to higher demand.
Moreover, rental properties could be a lucrative venture as the expanding population may lead to a greater need for rental housing. Investors should consider both traditional long-term rentals and vacation rentals due to Campbellfordseymour’s potential as a tourist destination thanks to its scenic river views and rural charm.
The town’s infrastructure developments and community projects could also enhance property values moving forward, making it an opportune time to invest before prices potentially increase further.
Future Market Outlook for Campbellfordseymour
The future market outlook for real estate in Campbellfordseymour remains positive. The steady population growth is likely to continue fueling housing demand. If this trend persists alongside economic stability and interest from outside buyers looking for more affordable housing options outside major cities, we can anticipate ongoing appreciation in property values.
However, it is important for investors and homebuyers alike to closely monitor external economic factors such as interest rates, employment levels within the region, and national economic trends that could influence buyer affordability and overall market conditions.
In summary, while current indicators point towards a robust real estate environment with ample investment potential in Campbellfordseymour, stakeholders should maintain an informed perspective by keeping abreast of regional developments and broader economic signals.
