Fisherville, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.4% |
| Quarterly trend | 4.2% |
| Stock on market | 0.6% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 1.9% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $425,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $575,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $330,000 |
| 3 bedrooms | $420,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,800 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Fisherville, Ontario is currently experiencing a period of steady growth. With a median house price of $485,000 and a year-over-year increase of 4.2%, the market is showing healthy appreciation. This trend is slightly more modest for apartments, with the median apartment price at $295,000, reflecting a year-over-year trend increase of 1.9%. These figures suggest that houses are experiencing a greater demand relative to apartments. The population of Fisherville stands at 15,500 and has seen a robust growth rate of 3.3%, which may continue to drive the demand for housing in the area.
Investment Opportunities and Potential
In light of the current market trends, investment opportunities in Fisherville appear promising. The consistent growth in housing prices indicates a stable market with potential for capital gains over time. Investors interested in long-term growth might find single-family homes particularly attractive given their higher rate of appreciation. On the other hand, the apartment sector offers opportunities for investors looking for lower entry points and potentially higher rental yield percentages due to their lower overall price point. As the population continues to grow, demand for rental properties is likely to increase, which could provide investors with sustained rental income and eventual property appreciation.
Future Market Outlook
The future outlook for Fisherville’s real estate market appears positive. Assuming current economic conditions persist—with low-interest rates and steady population growth—the market could maintain its trajectory of moderate growth. The sustained population increase at a rate of 3.3% per annum will likely continue to underpin demand for housing in both purchase and rental markets. However, it is essential for investors to consider potential changes in interest rates, local economic conditions, and government housing policies when evaluating long-term investment decisions. Vigilance in monitoring these factors will be key to making informed investments that capitalize on Fisherville’s evolving real estate landscape.
