Clarkson, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $1,025,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 4.5% |
| Stock on market | 0.7% |
Apartment
| Median price | $650,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $850,000 |
| 3 bedrooms | $1,025,000 |
| 4 bedrooms | $1,200,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $600,000 |
| 2 bedrooms | $650,000 |
| 3 bedrooms | $700,000 |
Demographics
| Current Population (2025) | 15,400 |
| Previous Population (2020) | 15,000 |
| Population Change | 2.7% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,800 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Clarkson, Ontario is currently experiencing steady growth. With a median house price of $1,025,000, the market has seen a year-over-year increase of 4.5%. This indicates a healthy demand for single-family homes in the area. Similarly, the median apartment price stands at $650,000, which has risen by 2.5% compared to the previous year. The population of Clarkson has reached approximately 15,400 residents, with a notable growth rate of 2.7%. This demographic trend suggests a growing community that could continue to sustain and fuel housing demand.
Investment Opportunities and Potential
In light of the current market data, Clarkson presents several attractive investment opportunities. The consistent increase in home values signals a robust market where real estate investments have the potential for solid appreciation. For investors focusing on long-term equity growth, purchasing residential properties could be particularly beneficial given the positive trajectory of house prices.
Apartments offer an alternative investment opportunity with a slightly lower entry point at a median price of $650,000. While their appreciation rate is more modest at 2.5% year-over-year, apartments in Clarkson may appeal to investors seeking rental income properties in an area with an expanding population and potentially increasing rental demand.
Future Market Outlook
The future real estate market outlook for Clarkson appears promising. The continuous population growth paired with sustained property value appreciation indicates that the demand for housing is likely to persist. Assuming that local economic conditions remain favorable and the influx of new residents continues, both the housing and rental markets should maintain an upward trajectory.
However, investors and potential homebuyers should consider external factors such as interest rates, employment rates, and overall economic health when making decisions. Keeping abreast of regional developments and infrastructure projects will also be crucial in assessing future market dynamics in Clarkson.
