Clarkson, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $975,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 4.3% |
| Stock on market | 0.6% |
Apartment
| Median price | $650,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.7% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $850,000 |
| 3 bedrooms | $975,000 |
| 4 bedrooms | $1,100,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $600,000 |
| 2 bedrooms | $675,000 |
| 3 bedrooms | $750,000 |
Demographics
| Current Population (2025) | 16,000 |
| Previous Population (2020) | 15,500 |
| Population Change | 3.2% |
| Total Private Dwellings | 7,200 |
| Occupied Private Dwellings | 6,800 |
| Population Density (per km²) | 2.1 |
| Land Area (km²) | 2,600.0 |
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 $975,000, the market has seen a year-over-year increase of 4.3%. This suggests sustained demand for residential properties and a healthy economic backdrop supporting real estate valuations. Similarly, the apartment sector is also showing positive momentum with the median price at $650,000 and a growth trend of 2.7% over the past year.
The population of Clarkson stands at 16,000 and has been growing at an impressive rate of 3.2%, indicating a robust and expanding community. This demographic trend contributes to the increasing demand for housing in the area, which is likely to continue supporting both property values and investment interests.
Investment Opportunities and Potential
Investors looking into Clarkson’s real estate market will find potential in both the single-family home segment as well as multifamily apartments. The consistent appreciation in property prices reflects a market that offers capital gains opportunities over the long term. Given the population growth and corresponding demand for housing, rental properties also present an attractive investment opportunity with the potential for steady cash flow and yield performance.
As more people move into the area, there may be further opportunities for development projects geared towards meeting the housing needs of this growing community. Investors and developers can look into new construction or renovation of existing properties to cater to various segments within the housing market.
Future Market Outlook
The future outlook for Clarkson’s real estate market appears optimistic. Population growth is a key driver that will likely continue to fuel housing demand. Additionally, if current trends persist, property prices are expected to maintain an upward trajectory providing attractive returns for investors over time.
However, it is important for stakeholders to monitor external factors such as interest rates, economic policies, and broader market conditions that could influence local real estate dynamics. With its current growth patterns and strong market fundamentals, Clarkson remains an appealing location for both residential buyers and real estate investors alike.
