Coldwater, 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
In Coldwater, Ontario, the real estate market is currently characterized by moderate growth. The median house price in the area stands at $500,000, with a year-over-year increase of 3.5%. This points to a stable market with consistent demand for housing. The apartment sector displays a slower growth rate, with median prices at $300,000 and an appreciation trend of 2.1% annually. Such gradual increments in property values suggest that the market is less volatile than other regions, potentially offering more stability for buyers and investors.
Investment Opportunities and Potential
The investment landscape in Coldwater presents several promising avenues for potential investors. Given the steady increase in property values and the town’s population growth rate of 7.1%, there is an undercurrent of upward momentum in the local real estate market. Detached homes show stronger price appreciation and may present better capital gains opportunities over time compared to apartments. However, apartments could be appealing for those looking to enter the market at a lower price point or seeking rental income investments, as they may be easier to rent out due to affordability.
Future Market Outlook
The future outlook for Coldwater’s real estate market remains optimistic due to its healthy population growth and consistent property value increases. The town’s population has expanded to 15,000, signaling an increased demand for housing that may continue to drive up home prices. As this trend persists, the investment potential in both residential houses and apartments is expected to remain strong. Investors should monitor local economic developments and infrastructure projects that could further influence property demand and pricing dynamics in the future.
