Clinton, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 4.2% |
| Stock on market | 0.7% |
Apartment
| Median price | $315,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $450,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $675,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $460,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 15,000 |
| Population Change | 1.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,800 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The Clinton, Ontario real estate market is currently characterized by a steady growth in property values. The median house price in the region stands at $525,000, which represents a 4.2% year-over-year increase. This growth rate suggests a healthy demand for detached homes and a resilient market that is able to withstand economic fluctuations. Meanwhile, the median apartment price is $315,000, experiencing a more modest growth of 2.5% year-over-year. This slower rate of increase indicates that the apartment market is accessible but still appreciating at a rate that can benefit investors.
The population of Clinton is approximately 15,200, with a positive growth rate of 1.33%. This gradual increase in population is likely contributing to the consistent demand for housing in the area. However, it also suggests that there is room for further development and an opportunity for the housing supply to expand to meet this growing demand.
Investment Opportunities and Potential
The current market trends in Clinton indicate that there are promising opportunities for investment in both the detached home segment and the apartment sector. The steady appreciation of house prices points to solid potential for long-term capital gains for investors considering purchasing single-family homes. Furthermore, with apartments appreciating at a slower pace, there may be opportunities for investors to enter the market at a more affordable price point while still benefiting from property value increases over time.
The demographic trends and population growth also support investment in rental properties. As more residents move into the area or look to downsize from larger homes, apartments could become increasingly desirable, leading to potential rental income growth and lower vacancy rates for landlords.
Future Market Outlook
The future real estate market outlook for Clinton appears optimistic. With a moderate population growth rate maintaining demand and property values on an upward trajectory, it’s likely that both sectors of the housing market will continue to see value appreciation. Assuming no major economic disruptions occur, investors can reasonably expect continued growth aligned with recent trends.
It’s important for potential investors to keep an eye on economic indicators and local development plans that could impact supply and demand dynamics. Factors such as new infrastructure projects, employment opportunities, and changes in mortgage rates could further influence the market outlook.
In conclusion, Clinton’s real estate market presents both stability and growth potential for discerning investors looking at medium- to long-term horizons.
