Dashwood, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $495,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 3.3% |
| Stock on market | 0.7% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 1.9% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $495,000 |
| 4 bedrooms | $610,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $340,000 |
| 3 bedrooms | $440,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,800 |
| Population Density (per km²) | 1.4 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Dashwood, Ontario is currently exhibiting steady growth, as reflected by the median house price of $495,000, which marks a 3.3% year-over-year increase. This increment is in line with the area’s population growth rate of 3.3%, suggesting that housing demand is keeping pace with demographic trends. Meanwhile, the median apartment price stands at $295,000, with a more modest year-over-year appreciation of 1.9%. The slower growth rate for apartment prices may indicate a market preference for detached and semi-detached homes or could suggest an opportunity in the apartment sector for investors seeking to capitalize on a less competitive market segment.
Investment Opportunities and Potential
Dashwood’s real estate market presents diverse investment opportunities. Given the steady incline in house prices, investors might consider purchasing residential properties to rent or resell as the market continues to grow. The current trends imply that there is a healthy demand for housing which is likely to persist given the population growth rate. With apartments experiencing slower price increases, strategic investors might find this an opportune time to acquire these properties before potential acceleration in value occurs. Moreover, these assets could appeal to smaller households or young professionals attracted by lower price points and urban lifestyles.
Future Market Outlook
The future outlook for Dashwood’s real estate market appears positive. Population growth at a stable rate of 3.3% suggests ongoing demand for housing will remain robust. As long-term economic and demographic patterns are primary drivers of real estate markets, Dashwood’s consistent population increase bodes well for sustained property value appreciation. Investors and homeowners should monitor factors such as interest rates, local employment rates, and infrastructure developments which may impact future market conditions. However, based on current data, Dashwood’s real estate market is poised for continued growth making it an attractive location for both residential living and real estate investment.
