Eden, 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 Eden, Ontario, currently presents a stable growth environment with the median house price standing at $500,000, which reflects a year-over-year increase of 3.5%. This suggests a healthy demand for housing in the area, which may be bolstered by the town’s population growth of 7.1%. In the apartment sector, the median price is notably lower at $300,000, growing at a slightly more modest pace of 2.1% over the same period. This divergence in growth rates between houses and apartments may indicate a stronger preference or demand for single-family homes.
Investment Opportunities and Potential
Given the steady price appreciation of residential properties in Eden, investors might find attractive opportunities in both purchasing rental properties and buying-to-sell strategies. The single-family home segment, in particular, could offer better capital gains due to its higher growth trend. However, with apartments experiencing consistent appreciation as well, they present a more accessible entry point for investors with smaller capital outlay and may appeal to renters who cannot afford higher-priced housing options. The robust population growth suggests that rental demand is likely to remain strong, potentially driving up rental yields for investors.
Future Market Outlook
Looking ahead, Eden’s real estate market appears poised for continued growth. The steady increase in property values coupled with significant population expansion signals an enduring demand for housing. If these trends persist, both housing segments—houses and apartments—are expected to maintain their upward trajectory in valuation. Investors and homeowners should monitor local economic developments and infrastructural improvements closely as these factors could further influence property values and market dynamics in Eden.