Emsdale, 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 Emsdale, Ontario is currently characterized by a steady increase in housing prices. With a median house price of $500,000, the market has experienced a year-over-year growth of 3.5%. This indicates a sustained but moderate appreciation in value for homeowners and a relatively stable investment environment for potential buyers. The median apartment price stands at $300,000, showing a smaller growth trend at 2.1% year-over-year. This slower rate of increase may reflect a more significant potential for affordability in the apartment sector compared to single-family homes.
Investment Opportunities and Potential
The investment landscape in Emsdale presents promising opportunities, especially considering the population growth of 7.1%. This demographic expansion suggests that there is an increasing demand for housing, which could drive property values up over time. Investment in single-family homes appears to be the more robust option with higher capital gains potential due to the stronger annual price growth rate. However, apartments offer an appealing entry point for investors looking for lower initial investments or those aiming to cater to individuals and small families who might prefer more affordable housing options.
Future Market Outlook
Looking ahead, the future market outlook for Emsdale’s real estate appears optimistic. The consistent population growth coupled with positive pricing trends provides a solid foundation for continued appreciation in property values. If these trends persist, investors can expect ongoing opportunities for both capital growth and rental income returns. It will be important to monitor economic indicators and local developments closely, as these can affect market dynamics and influence the pace of growth within the region’s real estate sector.