Clinton, British Columbia Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.9% |
Apartment
| Median price | $320,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $650,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $480,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| 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
The real estate market in Clinton, British Columbia, currently displays a steady growth pattern. With a median house price of $525,000, the market has experienced a 4% year-over-year increase. This suggests a healthy demand for single-family homes and a competitive market environment. Similarly, the median apartment price stands at $320,000, with a more modest growth rate of 2.5% year-over-year, indicating a stable uptrend in the multi-family dwelling sector.
The population of Clinton has grown to approximately 15,500 residents, with a noteworthy population growth rate of 3.3%. This demographic expansion is likely contributing to the increased demand for housing and the consequent rise in property values.
Investment Opportunities and Potential
Investors looking to capitalize on the burgeoning Clinton real estate market may find attractive opportunities in both residential and multi-family property segments. Given the sustained increase in home values and consistent population growth, purchasing real estate in Clinton could yield substantial returns over time.
The current trends suggest that investing in detached houses could be particularly promising, given their higher year-over-year price appreciation. However, apartments also present a valuable investment opportunity, especially for those seeking to cater to individuals or small families who prefer affordable housing options or are not yet ready to enter the homeownership market.
Future Market Outlook
The future outlook for Clinton’s real estate market remains optimistic. The ongoing population growth is expected to maintain or potentially increase the demand for housing. If current economic conditions persist, it is likely that both house and apartment prices will continue their upward trajectory, albeit at a gradual pace.
However, potential investors should remain vigilant regarding local economic developments, shifts in housing policies, or broader national economic trends that could affect the market dynamics. It is crucial for stakeholders to conduct thorough due diligence and consider long-term horizons when making investment decisions in the Clinton real estate market.
