Embro, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.7% |
Apartment
| Median price | $320,000 |
| Monthly growth | 1.0% |
| 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 | $675,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $270,000 |
| 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
The real estate market in Embro, Ontario is currently experiencing moderate growth. With a median house price of $525,000 and a positive year-over-year trend of 4%, the market is showing signs of steady appreciation. Similarly, the median apartment price stands at $320,000, with a slightly lower growth rate of 2.5% over the past year. These figures suggest that while the market is growing, it is doing so at a sustainable pace.
The population of Embro has reached 15,500 residents and has seen a healthy growth rate of 3.3%. This demographic expansion contributes to the demand for housing in the area and supports the progressive increase in property values.
Investment Opportunities and Potential
Given the current trends, Embro presents several attractive opportunities for investors. The consistent rise in property values indicates that investments in both houses and apartments have the potential for capital gains in the long term. The stronger growth in house prices may particularly appeal to investors looking for potentially higher returns.
The ongoing population increase further solidifies Embro’s investment potential. As more people move into the area, demand for rental properties is likely to grow, which could lead to an increase in rental yields for investors. This makes purchasing rental properties an enticing prospect for those looking to generate passive income.
Future Market Outlook
The future outlook for Embro’s real estate market appears promising. Assuming current trends continue, both house and apartment prices are expected to maintain their upward trajectories. The robust population growth rate suggests that demand for housing will persist, which should support ongoing property value appreciation.
However, investors should remain vigilant about broader economic factors that could influence these projections, such as interest rates changes or shifts in employment rates within the region. Careful monitoring of these external factors will be essential for making informed investment decisions going forward.
