Cooper, 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 | $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 | $425,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $650,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $475,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| 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
The real estate market in Cooper, Ontario is currently experiencing steady growth. With a median house price of $525,000, the market has seen a 4.2% year-over-year increase, indicating healthy demand and a positive trend for homeowners looking for value appreciation. Likewise, apartments are also seeing an upward trend, albeit at a slower pace, with a median price of $320,000 and a 2.5% year-over-year growth rate. These figures suggest that while houses are in higher demand, apartments remain an attractive option for certain buyer segments.
Investment Opportunities and Potential
The property market in Cooper offers promising investment opportunities. The consistent increase in housing prices suggests that investments in residential properties could yield profitable returns over time. The growing population of Cooper, which has increased by 3.3%, further supports the potential for real estate investments as demand for housing is likely to continue rising. This demographic trend can be particularly favorable for investors looking to cater to new residents or those considering rental properties as long-term investments.
Future Market Outlook
The future outlook for Cooper’s real estate market appears optimistic. The combination of steady price growth, consistent population increase, and ongoing demand for housing creates a favorable environment for both buyers and sellers. Assuming these trends persist, the market could maintain its positive trajectory. Investors and homebuyers may find this an opportune time to enter the market before prices potentially escalate further. However, it is always recommended to conduct individual research or consult with a real estate professional before making significant investment decisions.
