Collingwood, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $550,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 4.0% |
| Stock on market | 0.7% |
Apartment
| Median price | $320,000 |
| 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 | $550,000 |
| 4 bedrooms | $650,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $460,000 |
Demographics
| Current Population (2025) | 16,000 |
| Previous Population (2020) | 15,500 |
| Population Change | 3.2% |
| 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 real estate market in Collingwood, Ontario, currently showcases a steady growth pattern. The median house price in the area stands at $550,000, which reflects a year-over-year increase of 4%. This increment indicates a healthy demand for single-family homes, which could be driven by factors such as the area’s lifestyle appeal and its proximity to both natural attractions and larger urban centers.
In contrast, the median apartment price is relatively more affordable at $320,000, with a slightly lower growth rate of 2.5% year-over-year. This suggests that while there is interest in multi-family dwellings, it may not be as robust as the single-family housing segment. However, this could also point to an opportunity for investors or buyers looking for more budget-friendly options.
Collingwood’s population stands at approximately 16,000 residents, experiencing a notable growth rate of 3.2%. This demographic expansion can contribute to increased housing demand, both from new residents and those looking to upgrade or downsize within the community.
Investment Opportunities and Potential
Investment potential in Collingwood remains promising for several reasons. The steady population growth coupled with rising house prices indicates a strong market with potential for capital gains over time. Single-family homes appear to be particularly attractive investment vehicles given their higher growth rate.
Moreover, with apartment prices growing at a slower pace, there may be opportunities for investors to enter the market at a lower point and benefit from future appreciation as well as rental income. The town’s attractiveness as a lifestyle destination, including its outdoor recreation opportunities and small-town charm close to the Greater Toronto Area (GTA), positions it well for short-term rental investments too.
Future Market Outlook
Looking ahead, the Collingwood real estate market appears poised for continued growth. The consistent upward trend in property values, supported by population growth and the area’s desirability as a residential location, suggests that both housing demand and prices are likely to maintain an upward trajectory.
However, it is essential for investors and homebuyers to consider economic factors that could influence the market such as interest rates changes, employment rates in the region, and broader national economic trends. Keeping an eye on these will be key to understanding potential fluctuations or shifts in market dynamics.
Given current trends and barring unforeseen economic shifts, Collingwood’s real estate market seems set to continue its pattern of stable growth, making it an attractive option for those looking to invest in Ontario’s property market.
