Fournier, 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 Fournier, Ontario, is currently experiencing steady growth. With a median house price of $500,000 and a year-over-year increase of 3.5%, the market shows signs of healthy demand and reasonable appreciation. Similarly, the median apartment price stands at $300,000, with a more modest year-over-year trend of 2.1%. These statistics are indicative of a balanced market that is growing in line with economic conditions.
The population of Fournier has also seen significant growth with an increase of 7.1%, which suggests an influx of residents that could be contributing to the demand for housing in the area. This population growth is likely to have a positive impact on both the rental and buyer markets.
Investment Opportunities and Potential
Fournier’s real estate market offers various investment opportunities, particularly for those looking to capitalize on the steady increase in property values. The consistent rise in prices for both houses and apartments indicates a stable market where investments could see reliable growth over time.
The town’s growing population also opens doors for investors interested in rental properties. As new residents look for housing solutions, the demand for rental units may increase, which could lead to potential gains in rental income and property value appreciation.
Moreover, given the current trends, new developments and renovations within Fournier could be attractive to both investors and prospective homeowners looking for modern living spaces in a burgeoning community.
Future Market Outlook
The future outlook for Fournier’s real estate market appears optimistic. Given the town’s population growth rate and steady housing price increases, it is likely that the demand for housing will continue to rise. This suggests that property values may maintain their upward trajectory or potentially increase at an accelerated pace should demand outpace supply.
In addition to residential growth, there may also be opportunities for commercial development as the town expands and requires additional amenities to serve its growing population. This could provide a diverse range of investment opportunities beyond residential real estate.
However, investors should remain aware of broader economic conditions and any local developments that could affect the market dynamics. Keeping abreast of zoning changes, infrastructure projects, or shifts in economic policy will be crucial for making informed decisions about future investments in Fournier’s real estate market.
