Dealtown, 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 in Dealtown, Ontario
The real estate market in Dealtown, Ontario currently presents a stable environment for both buyers and sellers. With a median house price of $500,000, the market has experienced a steady increase in value, showcasing a year-over-year growth of 3.5%. This trend suggests healthy demand and a robust housing economy that is slightly outpacing inflation.
Similarly, the apartment sector is showing positive movement with a median price point of $300,000 and a growth trend of 2.1% over the past year. This less pronounced increase compared to houses indicates a more leveled playing field for potential investors or first-time homebuyers looking to enter the market.
Dealtown’s population stands at 15,000 residents with an impressive growth rate of 7.1%. This influx of new residents is likely contributing to the steady demand for housing and could be an indicator of sustained market health in the near term.
Investment Opportunities and Potential in Dealtown
The investment landscape in Dealtown is promising due to the consistent upward trajectory in property values. The solid year-over-year increases indicate room for capital gains for those investing in residential properties. Single-family homes, given their higher appreciation rate, present an attractive opportunity for investors looking for long-term equity growth.
Apartments, on the other hand, with their more modest appreciation rate, offer an accessible entry point into the real estate market for new investors. Given Dealtown’s growing population, rental demand is likely to remain strong, suggesting that income-generating properties such as apartments could yield consistent rental income streams alongside gradual asset appreciation.
Future Market Outlook for Dealtown
The future outlook for Dealtown’s real estate market appears optimistic. Population growth is a critical driver of housing demand and with the current 7.1% increase in residents, it’s reasonable to expect continued interest in both buying and renting within the area. Assuming this trend persists, pressure on housing stock may result in further price increases and potentially lower vacancy rates leading to a seller’s market condition.
However, as an analyst it is important to consider external factors such as economic policies, interest rates, and employment opportunities which can significantly influence market dynamics. For now, given stable economic conditions and ongoing population growth, Dealtown’s real estate market could offer rewarding opportunities for both homeowners looking to build equity and investors seeking long-term returns.
