Dunsford, 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 | $310,000 |
| 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 | $650,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $480,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends in Dunsford, Ontario
The real estate market in Dunsford, Ontario is currently experiencing steady growth. The median house price sits at $525,000, marking a year-over-year increase of approximately 4%. This indicates a healthy demand for houses in the region. In contrast, the median apartment price is lower at $310,000, with a slightly more modest year-over-year growth rate of 2.5%. These trends suggest that while there is an appreciation in property values across the board, single-family homes are particularly in demand.
Investment Opportunities and Potential in Dunsford, Ontario
Given the current growth rates in property values, investment opportunities in Dunsford appear promising. Investors may find the housing market especially attractive, as the stronger growth rate for houses could lead to higher capital gains over time. Apartments also present a viable investment opportunity, especially for those looking to enter the market at a lower price point or interested in purchasing properties to rent out. Additionally, with Dunsford’s population growing at a rate of 3.3%, increasing demand for rental and residential properties can be anticipated.
Future Market Outlook for Dunsford, Ontario
The future market outlook for Dunsford’s real estate seems optimistic. The consistent population growth of 3.3% will likely contribute to continued demand for housing. If current trends persist, both housing and apartment prices are expected to keep rising steadily. This would further reinforce Dunsford as a desirable location for both homeownership and real estate investment. However, potential investors and buyers should monitor local economic factors and any changes in national real estate regulations that might impact these projections.
