Coniston, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $520,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.2% |
| Stock on market | 0.6% |
Apartment
| Median price | $310,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $450,000 |
| 3 bedrooms | $520,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $470,000 |
Demographics
| Current Population (2025) | 15,100 |
| Previous Population (2020) | 15,000 |
| Population Change | 0.7% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends in Coniston, Ontario
In Coniston, Ontario, the real estate market is currently experiencing steady growth. The median house price stands at $520,000, which indicates a year-over-year increase of 4.2%. This growth trend suggests a stable demand for houses in the area. Similarly, the median apartment price is $310,000, with a more modest year-over-year increase of 2.5%. These trends point to a balanced market where both houses and apartments are appreciating at sustainable rates.
The population in Coniston has reached approximately 15,100 residents, with a growth rate of 0.7%. This gradual increase in population is likely contributing to the consistent demand for housing. As such, the market conditions are favorable for homeowners looking to sell their properties as well as for buyers seeking long-term investments.
Investment Opportunities and Potential in Coniston, Ontario
Investment opportunities within Coniston’s real estate market are promising due to the steady appreciation in property values and the growing population. For investors looking at residential properties, the continuous rise in median house and apartment prices suggests that investing now could lead to potential capital gains over time.
Investors may also consider the rental market due to the population growth. As new residents look for housing options before committing to homeownership, rental properties could provide a consistent income stream. Additionally, with house prices outpacing apartment prices in terms of growth rate, there may be an opportunity to invest in apartments as more affordable entry points into the real estate market.
Future Market Outlook for Coniston, Ontario
The future outlook for Coniston’s real estate market remains optimistic. The consistent upward trend in property values indicates that there is ongoing confidence in the local market’s stability and potential for further growth. Assuming similar economic conditions persist—with moderate population increases and sustained demand—the market should continue on its upward trajectory.
In addition to residential real estate, there could be opportunities for commercial development given the incremental population growth. Investors and developers may find value in exploring projects that cater to the needs of a growing community.
In conclusion, while no market is without risk, current indicators suggest that Coniston’s real estate market is poised for continued steady growth. Both short-term investors and those with a longer-term outlook have various options to consider when it comes to real estate investment in this region.
