Clifford, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $495,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 3.3% |
| Stock on market | 0.7% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.0% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $385,000 |
| 3 bedrooms | $495,000 |
| 4 bedrooms | $605,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $345,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 14,800 |
| Population Change | 2.7% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
As of the latest available data, the real estate market in Clifford, Ontario, presents a stable growth trend. The median house price stands at $495,000, reflecting a moderate year-over-year increase of 3.3%. This increment is indicative of a healthy demand in the market, while still providing accessibility for potential homebuyers. Apartments in Clifford are also experiencing growth in value, with the median price at $295,000 and a 2% rise over the past year. These trends suggest Clifford’s real estate market is experiencing balanced growth.
Investment Opportunities and Potential
The steady increase in property values across both houses and apartments indicates Clifford’s solid investment potential. With the median prices showing a consistent upward trajectory but not skyrocketing, there is an opportunity for investors to enter the market before prices potentially take on a more aggressive upward curve. The population growth rate of 2.7% is another positive sign that may lead to increased demand for housing in the future. For investors looking to diversify their portfolio or seeking long-term capital appreciation, Clifford’s market shows promise.
Future Market Outlook
Looking ahead, Clifford’s real estate market outlook appears optimistic. Population growth tends to correlate with greater housing demand which may lead to further price increases if supply doesn’t keep pace with demand. However, it will be crucial for stakeholders to monitor economic factors such as employment rates, interest rates, and regional development plans as they can significantly influence future market conditions. If current trends and population growth continue as projected, Clifford’s real estate market should remain an attractive prospect for both homeowners and investors alike.
