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Campbellville, Ontario Real Estate Market Data

Updated: Nov 2024

House

Median price $955,000
Monthly growth 1.5%
Quarterly trend 4.2%
Stock on market 0.6%

Apartment

Median price $450,000
Monthly growth 0.8%
Quarterly trend 2.5%
Stock on market 1.0%

Prices by Number of Bedrooms

Houses

Bedrooms Median Price
2 bedrooms $750,000
3 bedrooms $955,000
4 bedrooms $1,200,000

Apartments

Bedrooms Median Price
1 bedrooms $400,000
2 bedrooms $475,000
3 bedrooms $525,000

Demographics

Current Population (2025) 15,000
Previous Population (2020) 14,500
Population Change 3.4%
Total Private Dwellings 6,000
Occupied Private Dwellings 5,700
Population Density (per km²) 6.0
Land Area (km²) 2,500.5

Market Analysis






Campbellville, Ontario Real Estate Market Analysis

Current Market Conditions and Trends

In Campbellville, Ontario, the real estate market is showing signs of steady growth. The median house price in the area is currently $955,000, exhibiting a healthy year-over-year increase of 4.2%. This suggests a robust market where property values are appreciating consistently.

The apartment sector tells a similar story, with the median price of an apartment sitting at $450,000 and experiencing a year-over-year growth of 2.5%. This slower rate of increase compared to houses may reflect a more competitive or saturated market for apartments or could indicate a shift in consumer preference towards standalone homes.

Campbellville’s population stands at 15,000 residents with an annual growth rate of 3.4%, which is relatively high. This population growth can be attributed to several factors, including Campbellville’s appeal to individuals seeking residential stability in a more suburban setting.

Investment Opportunities and Potential

Given the steady appreciation in housing prices and the significant population growth, Campbellville presents appealing investment opportunities. The consistent rise in property values indicates strong demand and potential for capital gains over time. Investors may be particularly interested in single-family homes due to their higher appreciation rate.

Moreover, with the population increasing at a substantial pace, the demand for rental properties is likely to grow. Investors looking for rental income may find this market attractive both for apartments and houses. The presence of both property types increases diversity and choice for potential landlords considering different tenant demographics.

Future Market Outlook

The future outlook for Campbellville’s real estate market appears positive. The sustained increase in home values coupled with consistent population growth suggests that demand for housing will continue to rise. If these trends persist, investors can expect continued appreciation in property values and potentially rising rental yields.

However, it’s important for investors to monitor economic indicators, interest rates, employment trends, and infrastructural developments in the area as these factors can influence the real estate market dynamics significantly.

To sum up, Campbellville’s real estate market holds promise for both homeowners looking to build equity and investors seeking profitable opportunities. Careful analysis of ongoing trends and vigilant monitoring of the broader economic environment will help maximize returns on investment.