Dunrobin, Ontario Real Estate Market Data
Updated: Nov 2024
House
Median price | $495,000 |
Monthly growth | 1.1% |
Quarterly trend | 3.8% |
Stock on market | 0.8% |
Apartment
Median price | $295,000 |
Monthly growth | 0.8% |
Quarterly trend | 2.5% |
Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
Bedrooms | Median Price |
---|---|
2 bedrooms | $380,000 |
3 bedrooms | $495,000 |
4 bedrooms | $610,000 |
Apartments
Bedrooms | Median Price |
---|---|
1 bedrooms | $240,000 |
2 bedrooms | $340,000 |
3 bedrooms | $420,000 |
Demographics
Current Population (2025) | 15,200 |
Previous Population (2020) | 14,800 |
Population Change | 2.7% |
Total Private Dwellings | 6,100 |
Occupied Private Dwellings | 5,700 |
Population Density (per km²) | 1.6 |
Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Dunrobin, Ontario is currently characterized by moderate growth. The median house price stands at $495,000, reflecting a year-over-year increase of 3.8%. This steady growth suggests a healthy demand for single-family homes in the area, which may be driven by the town’s suitable living conditions and amenities.
Apartment prices are also on the rise but at a slightly slower pace. With a median price of $295,000 and an annual growth trend of 2.5%, the apartment market is appealing to both investors looking for rental properties and individuals seeking more affordable housing options.
With a population of 15,200, which has grown by 2.7%, Dunrobin is experiencing demographic expansion that could fuel further demand for housing in both sectors.
Investment Opportunities and Potential
The consistent growth in property values coupled with the population increase presents promising investment opportunities in Dunrobin. Investors can potentially benefit from capital appreciation over time, especially in the single-family home sector which is showing stronger growth rates.
Apartments offer a more accessible entry point into the real estate market for investors, with potential for rental income supported by the population growth. The current trends indicate a stable market with room for conservative yet reliable investment performance.
Future Market Outlook
The future outlook for Dunrobin’s real estate market remains optimistic. Continuous population growth should sustain demand for housing, which could lead to a sustained or possibly increased rate of price appreciation across both houses and apartments.
The balance between affordability and quality of life in Dunrobin makes it an attractive destination for families and professionals alike. As long as these factors remain favorable, the real estate market is expected to maintain its momentum, making it an attractive option for both homebuyers and investors looking to capitalize on long-term trends.