Chepstow, 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 Chepstow, Ontario, the real estate market has shown stable growth, with the median house price currently standing at $500,000, marking a year-over-year increase of 3.5%. This incremental rise suggests a healthy demand for single-family homes in the region. Similarly, apartments have experienced a slightly lower growth rate, with the median price at $300,000 and a trend showing a 2.1% increase over the past year.
The population of Chepstow has reached approximately 15,000 residents, with a robust growth rate of 7.1%. This demographic expansion indicates a burgeoning community that is likely contributing to the steady demand for housing and supporting the consistent appreciation in property values.
Investment Opportunities and Potential
The ongoing population growth paired with moderate price appreciation presents several attractive investment opportunities in Chepstow’s real estate market. Investors can look to capitalize on both the single-family home sector and the apartment market due to their respective growth trends.
The consistent rise in housing prices suggests that purchasing residential properties could yield solid capital gains over time. Additionally, as more people move into the area, rental properties are likely to be in high demand, potentially offering lucrative rental yields for investors who choose to enter the buy-to-rent market.
Future Market Outlook
The future outlook for Chepstow’s real estate market remains optimistic based on current trends and demographic data. With population numbers on an upward trajectory, demand for housing is expected to remain strong. This should support continued property value appreciation, albeit at a sustainable pace.
Assuming that economic conditions remain favorable and no major disruptions occur, investors and homeowners alike can look forward to a market characterized by steady growth. Continued investment in local infrastructure and amenities will be key to sustaining this positive momentum and ensuring that Chepstow remains an attractive location for both living and investing.
