Clearview, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $650,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.2% |
| Stock on market | 0.6% |
Apartment
| Median price | $400,000 |
| Monthly growth | 0.7% |
| Quarterly trend | 2.9% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $550,000 |
| 3 bedrooms | $650,000 |
| 4 bedrooms | $750,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $320,000 |
| 2 bedrooms | $410,000 |
| 3 bedrooms | $490,000 |
Demographics
| Current Population (2025) | 16,000 |
| Previous Population (2020) | 15,400 |
| Population Change | 3.9% |
| Total Private Dwellings | 6,500 |
| Occupied Private Dwellings | 6,000 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
In Clearview, Ontario, the real estate market is currently experiencing stable growth. The median house price stands at $650,000, which reflects a year-over-year increase of 4.2%. This steady rise in home values indicates a healthy demand for residential properties within the region.
Similarly, the apartment sector is showing positive movement, with a median price of $400,000 and an annual growth rate of 2.9%. The slower growth rate in apartment prices compared to houses suggests a slightly softer demand but still points towards overall market strength.
The population of Clearview is approximately 16,000, with a robust growth rate of 3.9%. This demographic expansion fosters a dynamic real estate environment as increasing numbers of residents seek housing options within the community.
Investment Opportunities and Potential
The consistent appreciation in property values presents attractive investment opportunities in Clearview. The housing market, with its higher growth rate, offers potential for significant capital gains over time. Investors focused on long-term equity building will find single-family homes particularly appealing.
Apartments represent an opportunity for investors looking to enter the market at a lower price point while still benefiting from the region’s overall price appreciation. Moreover, the population growth suggests that rental demand is likely to remain strong, potentially leading to favorable rental yields and low vacancy rates for income-focused investors.
Future Market Outlook
The future outlook for Clearview’s real estate market appears promising. Given the steady population increase and ongoing economic development in the area, it is reasonable to expect sustained demand for both residential houses and apartments.
If current trends continue, property values are likely to keep rising at a moderate pace. However, investors should remain attentive to broader economic factors that could influence interest rates and affordability, potentially impacting market dynamics.
In summary, Clearview offers a robust real estate market with solid opportunities for both homebuyers and investors. Continued monitoring of local and national economic indicators will be essential to making informed decisions in this active market.
