Chuteablondeau, 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
The real estate market in Chute-a-Blondeau, Ontario is currently experiencing steady growth. With a median house price at $500,000 and an annual increase of 3.5%, the local housing market is showing resilience in the face of broader economic pressures. The median apartment price is also on the rise, albeit at a slower pace, with a current value of $300,000 and a year-over-year trend of 2.1%. This growth is being supported by a robust population increase of 7.1%, which indicates strong demand for housing in the area.
Investment Opportunities and Potential
With Chute-a-Blondeau’s housing market on an upward trajectory and a notable population growth, investment opportunities are looking promising. The steady appreciation in property values suggests that investing in real estate could yield substantial returns over time. Single-family homes present an attractive option due to their higher year-over-year price increase, while apartments offer a more accessible entry point into the market with solid appreciation potential.
Future Market Outlook
The future market outlook for Chute-a-Blondeau remains optimistic. Population growth is expected to continue driving demand for both rental and owner-occupied properties. Assuming economic conditions remain stable, the real estate market is likely to maintain its growth pattern. However, prospective investors should monitor local developments, as factors such as employment rates and infrastructure projects can influence future market dynamics.
