Everton, 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 Everton, Ontario is currently experiencing a period of moderate growth. The median house price in the area stands at $500,000 with a year-over-year increase of 3.5%. This growth rate indicates a steady demand for housing, with prices rising at a sustainable pace. In the apartment sector, the median price is $300,000, showing a slower growth trend at 2.1% year-over-year. This could suggest that apartments are a more accessible entry point into the market for new homebuyers or investors.
Everton’s population has seen significant growth at 7.1%, which is likely contributing to the demand for housing and helping to drive the upward trend in property values. The healthy population increase suggests a robust local economy and an attractive living environment, which can be appealing factors for potential residents and investors alike.
Investment Opportunities and Potential
Considering the steady growth in both housing prices and population, Everton presents several promising investment opportunities. With house prices appreciating at a modest rate, investors could benefit from capital gains over time. The slower growth rate in apartment prices also offers potential for rental investments as there may be an ongoing demand for more affordable housing options given the population expansion.
The current trends indicate that Everton is not experiencing an overheated market, which might appeal to investors looking for stable returns without the risk of a sharp correction. The region’s economic indicators suggest that there will be continued demand for housing, providing potential rental income stability for investors who are considering entering the market.
Future Market Outlook
The future real estate market outlook for Everton appears positive. Given the solid population growth coupled with measured appreciation in property values, it’s reasonable to anticipate ongoing demand for residential properties. If local economic conditions remain favorable and continue to attract new residents, both the house and apartment markets should maintain their upward trajectory, albeit at what appears to be a sustainable rate.
Continued investments in local infrastructure and amenities would further bolster Everton’s attractiveness as a place to live and invest in. Potential investors should closely monitor demographic trends and local economic developments as these will be key indicators of long-term market sustainability.
