Dalrymple, 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 Dalrymple, Ontario is currently experiencing steady growth. With a median house price of $500,000 and an upward year-over-year trend of 3.5%, the market is demonstrating resilience and a positive trajectory. The median apartment price stands at $300,000 with a modest increase of 2.1% over the past year. These figures suggest that housing in Dalrymple remains in demand, reflecting a healthy real estate environment.
The population of Dalrymple has experienced significant growth, increasing by 7.1% to reach 15,000 residents. This influx of new residents is likely to continue driving demand for housing in both the private sale and rental markets. The sustained population growth suggests an underlying vitality in the local economy, which is a critical factor sustaining the real estate market’s buoyancy.
Investment Opportunities and Potential
Dalrymple presents attractive investment opportunities for those looking to enter the real estate market or expand their portfolio. Given the steady appreciation in property values, investors can expect continued capital gains in the medium to long term. The consistent increase in property prices indicates a favorable investment climate and underscores the potential for return on investment.
Residential properties appear to be a particularly promising area for investment due to ongoing population growth and demand for housing. However, investors should also consider diversifying into the apartment sector, where slightly lower year-over-year price increases suggest affordability that could attract first-time homebuyers or renters seeking more economical living options.
Future Market Outlook
The future outlook for Dalrymple’s real estate market remains optimistic based on current trends and demographic data. Continued population growth will likely keep demand for housing high, supporting both property values and rental market stability. As long as economic conditions remain favorable and the local economy sustains its momentum, it is reasonable to anticipate ongoing strength in the real estate sector.
Investors should monitor potential shifts in interest rates, employment trends, and regional development plans, as these factors could influence future market dynamics. Nevertheless, Dalrymple’s current performance indicators suggest that it is well-positioned for sustained growth in its real estate market moving forward.
