Fraserville, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $520,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.7% |
Apartment
| Median price | $310,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $520,000 |
| 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 | 5,800 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
In Fraserville, Ontario, the real estate market has been experiencing a steady growth pattern. The current median house price stands at $520,000, marking a 4% year-over-year increase. This suggests that the market is experiencing healthy appreciation, making it an attractive destination for homeowners and investors alike. In contrast, the median apartment price is currently $310,000, with a slightly lower year-over-year growth rate of 2.5%. This disparity between house and apartment price trends could indicate a higher demand for single-family homes in the region.
The population in Fraserville has been growing at a rate of 3.3%, which is above the national average. This population increase is likely contributing to the demand for housing and helping to drive up property values. As more people move to the area, it can be expected that this will continue to have a positive effect on the real estate market.
Investment Opportunities and Potential
Investors looking at Fraserville’s real estate market will find potential in both residential properties for sale and rental accommodations due to the steady population growth. The consistent appreciation in house prices indicates a robust market that might offer capital gains over time. With house prices growing at a faster rate than apartments, investing in single-family homes could be particularly promising.
Furthermore, as the population grows, there will likely be increased demand for rental properties. Apartments may provide a more affordable entry point for investors looking to capitalize on this aspect of the housing market. Although their appreciation is slower compared to houses, apartments could offer stable rental yields and serve as an effective long-term investment strategy.
Future Market Outlook
The future outlook for Fraserville’s real estate market appears optimistic. Population trends suggest continued growth which should sustain demand for housing. Given the current upward trajectory in property values and the ongoing economic development in the area, it is reasonable to forecast that Fraserville’s real estate market will remain vibrant.
The sustained increase in median house prices at 4% year-over-year shows strength in the market that may appeal to those looking for longer-term capital growth investments. The slightly lower growth rate for apartments does not overshadow their potential as income-generating assets through rent.
In conclusion, while no market is without risk, Fraserville presents several compelling reasons for both homebuyers and investors to consider this community as an area with strong potential for return on investment.
