Dashwood, 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 Dashwood, Ontario is currently experiencing a stable growth pattern. The median house price stands at $500,000, with a year-over-year increase of 3.5%. This reflects a healthy market that is growing at a sustainable rate. Similarly, the median apartment price is $300,000 and has seen a more modest growth trend of 2.1% annually.
Dashwood’s population has risen to 15,000 residents, marking a significant population growth rate of 7.1%. This influx suggests an expanding local economy and increasing demand for housing. The current trends indicate that the real estate market is keeping pace with the demographic changes, maintaining affordability while still offering growth opportunities for homeowners and investors alike.
Investment Opportunities and Potential
Investment potential in Dashwood appears promising given the steady increase in property values coupled with significant population growth. The consistent rise in house prices suggests that investments in residential properties are likely to benefit from capital appreciation over time. Additionally, the ongoing demand for rental properties driven by population growth presents an opportunity for investors to generate stable rental income.
The apartment sector’s slower growth rate compared to houses indicates an opening for investment at a lower entry point, which could be particularly attractive to first-time investors or those seeking a more affordable option. Furthermore, as the population continues to expand, demand for diverse housing options could spur developments in multi-family units or condominiums.
Future Market Outlook
Looking ahead, the future real estate market outlook for Dashwood remains positive. Given the solid population growth and its consequent impact on housing demand, it is expected that both the house and apartment markets will continue to experience upward trends in pricing, though likely at a controlled pace that aligns with local wage growth and inflation rates.
The steady economic environment in Dashwood provides a foundation for sustained real estate development and appreciation. Investors should monitor local economic drivers such as job market performance, infrastructure developments, and any government policies affecting homeownership to stay ahead of market shifts. For homeowners and buyers, the current conditions suggest that purchasing property in Dashwood is an investment likely to grow in value over time.
