Trending
A red, white, and black flag with a white background.

Dunedin, Ontario Real Estate Market Data

Updated: Nov 2024

House

Median price $525,000
Monthly growth 1.1%
Quarterly trend 4.0%
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 $450,000
3 bedrooms $525,000
4 bedrooms $620,000

Apartments

Bedrooms Median Price
1 bedrooms $260,000
2 bedrooms $340,000
3 bedrooms $460,000

Demographics

Current Population (2025) 15,500
Previous Population (2020) 15,000
Population Change 3.3%
Total Private Dwellings 6,100
Occupied Private Dwellings 5,700
Population Density (per km²) 1.6
Land Area (km²) 2,500.5

Market Analysis





Dunedin, Ontario Real Estate Market Analysis

1. Current Market Conditions and Trends

In Dunedin, Ontario, the real estate market has been experiencing steady growth. The median house price currently stands at $525,000, reflecting a year-over-year increase of 4%. This trend showcases a stable and consistently appreciating housing market. Similarly, apartment properties have seen a rise in value with the median price at $320,000 and an annual growth rate of 2.5%. These numbers indicate a healthy demand for housing in the region, driven by factors such as local economic conditions and demographic changes. With a population of approximately 15,500 that has grown by 3.3%, Dunedin is becoming an increasingly popular choice for residents seeking both lifestyle and investment opportunities.

2. Investment Opportunities and Potential

For investors looking at Dunedin’s real estate landscape, the steady price increase for both houses and apartments suggests a reliable market with potential for long-term capital gains. The sustained population growth further supports this potential, signaling ongoing demand for rental properties. Investors can expect a favorable rental yield given the area’s popularity among families and professionals. Additionally, new infrastructure developments or community projects could provide impetus for future value appreciation in both residential segments.

3. Future Market Outlook

The outlook for Dunedin’s real estate market remains positive based on current trends and demographic data. With a robust population growth rate at 3.3%, there is likely to be continued demand for housing which will support property values over time. Assuming the continuation of current economic conditions, the housing market is expected to maintain its upward trajectory with respect to property values and investment viability. Policymakers and developers will play key roles in ensuring that supply meets demand, which will help sustain market balance and prevent overheating. Prospective buyers should observe local development plans closely as these can impact future property values significantly.