Earlton, 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 Earlton, Ontario, is currently characterized by steady growth. The median house price stands at $500,000, reflecting a year-over-year increase of 3.5%. This indicates a consistent upward trend in housing values, providing homeowners with incremental equity gains. The apartment sector is also showing positive momentum with a median price of $300,000 and has experienced a more modest growth rate of 2.1% over the same period.
With a population of 15,000 that has grown by 7.1%, Earlton is experiencing demographic expansion which may be contributing to the demand for housing. This population growth is an essential factor that could sustain the real estate market’s vitality as it typically leads to increased demand for residential properties.
Investment Opportunities and Potential
Investors considering Earlton’s real estate market can find potential in both the single-family home and apartment sectors. The steady price appreciation in homes suggests that purchasing residential property could be a wise long-term investment. Given the town’s population growth, rental properties may also be increasingly in demand, potentially offering favorable rental yields and occupancy rates to investors.
The lower median price point for apartments compared to houses indicates an accessible entry into the market for investors with less capital while still allowing participation in the market’s overall positive trajectory. Furthermore, the slower growth rate in apartment prices may present opportunities for investors to enter the market before prices potentially accelerate.
Future Market Outlook
Looking forward, Earlton’s real estate market demonstrates promising signs for continued growth. The consistent rise in property values coupled with the robust population increase suggests that demand for housing will remain strong. If current economic conditions persist and the area continues to attract new residents due to employment opportunities or lifestyle attractions, it is likely that both housing prices and investment potential will remain on an upward path.
In light of these factors, prospective buyers and investors should monitor local developments closely, such as infrastructure projects or changes in regional employment rates that could influence future property values. Vigilance will be key in capitalizing on Earlton’s real estate prospects as the town evolves.
