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
In Clayton, Ontario, the real estate market is currently experiencing steady growth. The median house price stands at $500,000, which marks a year-over-year increase of 3.5%. This trend indicates a healthy demand for housing in the area, likely driven by both local factors and broader national economic conditions. Meanwhile, apartments are also seeing a positive growth trajectory with a median price of $300,000 and an appreciation of 2.1% over the same period. This slower pace compared to houses suggests a slightly softer market for apartments but still reflects overall stability.
Investment Opportunities and Potential
Investment opportunities in Clayton’s real estate market appear promising given the continuous price appreciation. For investors targeting long-term capital gains, single-family homes present a compelling option due to their higher year-over-year price increase. Apartments offer a more accessible entry point for those with lower initial capital while still providing potential for steady appreciation.
Additionally, the substantial population growth of 7.1% is an important indicator that may forecast sustained demand for housing in Clayton. This demographic expansion could be fueled by factors such as employment opportunities in the region or its appeal as a residential community for commuters working in nearby urban centers.
Future Market Outlook
The future market outlook for Clayton’s real estate remains optimistic. Given the consistent population growth coupled with ongoing housing demand, it is reasonable to expect that property values will continue their upward trend. However, it is crucial to monitor external economic factors that could influence interest rates and borrowing costs, potentially affecting buyer activity and market dynamics.
The current data suggests that Clayton may continue to attract homebuyers and investors alike due to its relative affordability when compared to major urban markets. Nonetheless, investors should conduct thorough due diligence and consider both macroeconomic indicators and local developments in their assessments.
