Darling, 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 Darling, Ontario is currently characterized by steady growth. With a median house price of $500,000 and an annual increase of 3.5%, the market is showing healthy upward momentum. Similarly, the median apartment price stands at $300,000, with a growth rate of 2.1% year-over-year. This suggests a balanced market that is experiencing consistent appreciation in property values.
The population of Darling has reached 15,000 and is continuing to grow at a robust rate of 7.1%. This demographic expansion can be attributed to Darling’s attractiveness to both families and professionals, likely due to its amenities, lifestyle offerings, and employment opportunities. The increasing population is also a driving factor for housing demand, which in turn propels the real estate market forward.
Investment Opportunities and Potential
The positive trends in Darling’s real estate market highlight significant investment opportunities. Given the steady appreciation in property values, investors can expect continued growth in their real estate investments over time. The stronger growth rate for houses compared to apartments indicates that single-family homes might offer better capital gains for long-term investments.
Furthermore, with the town’s burgeoning population growth outpacing many other regions, there is potential for increased rental demand. This could make Darling an attractive location for purchasing rental properties or engaging in development projects aimed at accommodating the influx of new residents.
Future Market Outlook
Moving forward, the outlook for Darling’s real estate market appears promising. Considering the sustained population growth coupled with healthy property value appreciation rates, it is reasonable to expect that these trends will continue into the foreseeable future.
Infrastructure developments and potential policy changes could further impact the market dynamics positively. Investors and prospective homeowners should monitor such factors closely as they can influence both short-term fluctuations and long-term trends in Darling’s real estate landscape.
In conclusion, Darling presents itself as an appealing market for both residential living and investment purposes. Careful analysis and strategic planning are recommended for those looking to enter this vibrant market to capitalize on its potential.
