Clayton, 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 Clayton, Ontario is currently experiencing steady growth. With a median house price of $500,000 and an annual appreciation rate of 3.5%, the market is showing healthy progress compared to many other Canadian markets. Similarly, the apartment sector is witnessing a positive trend with a median price standing at $300,000 and appreciating at a rate of 2.1% year-over-year. This growth can be attributed to both intrinsic value appreciation and demand driven by the population increase.
The population of Clayton has seen a significant rise of 7.1%, which suggests that the area is attracting new residents at a robust pace. This influx can be tied to various factors such as employment opportunities, quality of life, and the natural beauty of the region. The increasing population is likely contributing to the demand for housing and helps sustain the growth in property values.
Investment Opportunities and Potential
For investors considering Clayton’s real estate market, the current trends point towards promising potential for both capital gains and rental income. The steady price increases for houses and apartments indicate that investments made now could appreciate in value over time. Additionally, the burgeoning population growth provides a larger pool of potential renters or buyers.
Investors may find particular value in targeting mid-range housing options that cater to the majority of the market or considering properties that offer unique value due to location or amenities. Given the overall health of Clayton’s economy and its real estate market, investment opportunities are ripe for both short-term gains through renovation flips and long-term rental property investments.
Future Market Outlook
The future outlook for Clayton’s real estate market appears optimistic. Assuming consistent economic conditions and sustained population growth, demand for housing is likely to remain strong. If current trends continue, we can expect gradual but steady appreciation rates in both housing sectors—single-family homes and apartments.
However, investors should also stay informed about local developments that could impact the market, such as changes in zoning laws, infrastructure projects, or significant economic shifts. Maintaining vigilance on these factors will be key in maximizing returns and mitigating risks associated with real estate investments in Clayton.
In conclusion, Clayton offers a stable environment for real estate investment with potential for both immediate rental yields and long-term capital appreciation. With careful analysis and strategic decision-making, investors can capitalize on Clayton’s growing market.