Dobie, 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 Dobie, Ontario is currently experiencing steady growth. With a median house price of $500,000 and a positive year-over-year increase of 3.5%, the housing sector shows resilience and an upward trajectory. Similarly, apartments are also seeing a price rise, with a median value of $300,000 and a 2.1% growth rate from the previous year. The population of Dobie stands at 15,000 residents, which has grown by an impressive 7.1%. This demographic expansion underpins the demand for housing and is a critical factor driving the local real estate market.
Investment Opportunities and Potential
Dobie’s real estate market presents attractive opportunities for investors. The consistent growth in property values suggests that investments made in this market are likely to benefit from capital appreciation over time. The current trends indicate that both residential homes and apartments are expanding in value at a stable pace, providing multiple investment avenues. For those looking to invest in rental properties, the robust population growth implies a growing rental market with potential for steady income streams and low vacancy rates.
Future Market Outlook
Looking forward, the future market outlook for Dobie remains optimistic. The ongoing population increase is expected to sustain demand for housing, which could lead to continued appreciation in property values. Given the current trends, it is reasonable to anticipate that both the median house and apartment prices may keep rising at a moderate rate. However, potential investors and homeowners should also stay informed about broader economic factors and local developments that could impact the market dynamics.
