Clinton, 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 Clinton, Ontario, is currently experiencing a steady growth trajectory. With a median house price of $500,000, the market has seen a year-over-year increase of 3.5%. This level of growth indicates healthy demand and a strong confidence in the housing market among consumers and investors alike.
In contrast, the median apartment price stands at $300,000, with a slightly lower year-over-year growth rate of 2.1%. This difference may reflect consumer preferences leaning toward more spacious living options or potentially indicate a higher demand for family homes in this region.
The population of Clinton has reached approximately 15,000 residents, with an impressive growth rate of 7.1%. This demographic expansion is likely contributing to the demand for housing and supporting the steady appreciation in property values.
Investment Opportunities and Potential
The positive trends in Clinton’s real estate market present several investment opportunities. The consistent rise in property values suggests that purchasing residential properties could yield profitable returns. Investors should consider both single-family homes and apartment units, as both markets are showing upward trends, albeit at different paces.
The robust population growth rate also signals potential for new development projects and increased rental demand. Investors might explore options such as building multi-unit residences or renovating existing properties to capitalize on the influx of new residents seeking quality housing options.
Future Market Outlook
Moving forward, the outlook for Clinton’s real estate market remains optimistic. The sustained population increase and corresponding rise in housing demand suggest that property values may continue to climb. Assuming consistent economic conditions and no major policy changes affecting real estate, investors can reasonably expect continued moderate growth across both housing categories.
This positive projection is tempered by the understanding that external economic factors can influence local markets. Nevertheless, current data points to a stable and promising future for real estate investments in Clinton.