Dartford, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $550,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.8% |
| 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 | $480,000 |
| 3 bedrooms | $550,000 |
| 4 bedrooms | $650,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $270,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $460,000 |
Demographics
| Current Population (2025) | 16,000 |
| Previous Population (2020) | 15,000 |
| Population Change | 6.7% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,800 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Dartford, Ontario is experiencing steady growth as indicated by the current median house price of $550,000, which has seen an increment of 2.8% year-over-year. This growth points to a healthy demand for housing in the area. Similarly, the median apartment price is also on an uptrend with a current value of $320,000, marking a year-over-year increase of 2.5%. The population of Dartford stands at 16,000 with a robust population growth rate of 6.7%, which further drives the demand for residential properties. This demographic trend suggests that the market is likely seeing an influx of new residents seeking housing options.
Investment Opportunities and Potential
The consistent increase in property values combined with the significant population growth positions Dartford as an attractive location for real estate investment. The market shows potential for both rental and resale strategies, given the upward trends in property prices. Investors might consider leveraging the lower comparative cost of apartments to enter the market or look into single-family homes that are appreciating at a slightly higher rate. The demographic expansion also indicates a long-term demand which could benefit landlords and developers aiming to meet the housing needs of a growing community.
Future Market Outlook
Looking ahead, the real estate market in Dartford appears promising. Given the steady price appreciation rates for both houses and apartments, along with continuous population growth, it is reasonable to anticipate ongoing demand for housing and potentially stronger price increases in the future. As long as economic conditions remain favorable and support job and income growth within the region, Dartford’s real estate market should maintain its upward trajectory. However, prospective investors and homeowners should stay informed on local economic developments and infrastructure projects that may impact property values and market dynamics.
