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, currently exhibits a stable growth pattern. With a median house price of $500,000 and an upward trend of 3.5% year-over-year, the market is demonstrating resilience and a positive trajectory. Similarly, the median apartment price stands at $300,000, with a more modest year-over-year increase of 2.1%. These trends suggest a balanced growth across different housing types in the region.
The population of Darling has been growing at a healthy rate of 7.1%, which may have contributed to the steady demand for housing and the consequent rise in prices. This demographic expansion can be indicative of a robust local economy and a potentially growing job market, factors that typically fuel real estate demand.
Investment Opportunities and Potential
Given the consistent growth in property values and the increasing population, Darling presents various opportunities for real estate investment. The increase in median house prices suggests that single-family homes could be a solid investment for those looking for capital appreciation over time. Meanwhile, apartments with a slightly lower price trend still offer potential for rental income returns and long-term value growth.
Investors should also consider emerging neighborhoods or those in proximity to new infrastructure projects, as these areas are likely to experience accelerated growth and provide above-average investment returns. Additionally, with an expanding population base, there may be opportunities in the development of new residential properties to meet the housing demand.
Future Market Outlook
Looking forward to the future of Darling’s real estate market, current indicators point towards continued growth. The persistent population increase is expected to maintain demand for both ownership and rental properties. This sustained demand should support property values while encouraging further development within the region.
However, investors should remain vigilant regarding broader economic conditions that could impact interest rates, employment levels, and overall affordability – all of which could affect market dynamics. Nonetheless, assuming stable economic conditions persist, Darling’s real estate market is poised for ongoing positive performance.
