Flesherton, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $510,000 |
| Monthly growth | 1.3% |
| Quarterly trend | 4.2% |
| Stock on market | 0.6% |
Apartment
| Median price | $315,000 |
| 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 | $510,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $460,000 |
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 Flesherton, Ontario, currently displays a moderate growth trajectory. With the median house price sitting at $510,000, the market has experienced a year-over-year increase of 4.2%. This indicates a steady demand for housing in the area, bolstered by its appealing small-town charm and proximity to larger urban centers.
In contrast, the median apartment price in Flesherton stands at $315,000, with a more modest year-over-year appreciation of 1.9%. The slower growth rate in the apartment sector suggests a market that is more accessible to first-time buyers and investors looking for lower entry points into property ownership.
The local population of approximately 15,500 residents has been on the rise, showing a healthy increase of 3.3%. This demographic trend contributes positively to housing demand, reinforcing the expectation for continued market activity.
Investment Opportunities and Potential
Flesherton’s real estate market offers attractive investment opportunities. The consistent rise in house prices indicates room for potential capital gains over the long term. Investors may consider single-family homes given their higher appreciation rate compared to apartments.
The apartment sector presents potential for rental investments due to its lower price point and the growing local population seeking affordable living options. As affordability becomes an increasingly important factor in housing decisions, especially among younger demographics and retirees, apartments could see heightened demand.
The region’s ongoing population growth coupled with limited housing supply could lead to tighter market conditions, making early investment in Flesherton an appealing prospect for those looking to capitalize on future price escalations.
Future Market Outlook
The outlook for Flesherton’s real estate market remains cautiously optimistic. Given current trends, we anticipate continued growth in property values but at a potentially moderated pace as external economic factors such as interest rates and employment stability come into play.
The sustained population increase suggests that demand will persist, underpinning the market’s foundational strength. However, prospective changes in government housing policies or shifts in regional economic conditions could impact future trends.
In conclusion, Flesherton offers solid opportunities for investors and homebuyers alike with its consistent market growth and promising demographic trends. As with any property investment, it remains essential to stay informed about local developments that could influence market dynamics.
