Coldstream, 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 Coldstream, Ontario is currently experiencing steady growth. The median house price in the area stands at $500,000, with a year-over-year increase of 3.5%. This suggests a stable market with consistent demand for housing. Apartments are also seeing an uptick in value, with the median price at $300,000 and a year-over-year trend of 2.1% growth. These trends indicate a healthy balance between affordability and investment attractiveness.
The population of Coldstream has reached 15,000 residents, with a significant growth rate of 7.1%. This rapid increase is likely contributing to the demand for housing and can be a driving factor behind the steady rise in property values.
Investment Opportunities and Potential
Given the ongoing positive trends in both house and apartment prices, Coldstream presents compelling investment opportunities. The consistent appreciation of property value provides investors with the potential for capital gains over time. The robust population growth further solidifies the potential for rental investments as more people may be looking for homes to rent in the short to medium term.
For those considering long-term investments, the single-family housing market appears particularly promising due to its higher growth rate compared to apartments. However, apartments should not be overlooked as they offer more affordable entry points into the real estate market and cater to individuals or smaller households who prefer this type of living arrangement.
Future Market Outlook
The future real estate market outlook for Coldstream is optimistic. Population growth remains strong and is expected to continue driving demand for housing in the region. If current trends persist, both housing and apartment markets are likely to maintain their upward trajectories.
Moreover, based on historical data and present conditions, it is reasonable to anticipate that property values will keep rising at a moderate pace. This gradual increase suggests a stable market that could shield investors from the volatility seen in other regions. As such, Coldstream represents not only a viable option for immediate real estate investment but also exhibits potential for sustained long-term growth.
