Frogmore, 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 in Frogmore, Ontario
The real estate market in Frogmore, Ontario, is experiencing stable growth. The median house price in the region currently stands at $500,000, reflecting a year-over-year increase of 3.5%. This consistent upward trend indicates healthy demand and suggests that the market is steadily appreciating. Similarly, apartments are showing positive momentum with a median price of $300,000 and a slower yet steady year-over-year growth rate of 2.1%.
The population of Frogmore has recently reached 15,000 residents and is continuing to grow at a robust rate of 7.1%. This significant population growth is likely contributing to the increased housing demand and may signal a tightening of the market should housing supply not keep pace.
Investment Opportunities and Potential in Frogmore
Given the steady appreciation rates for both houses and apartments, Frogmore offers promising opportunities for real estate investors. The solid growth rate in property values suggests that investments made now could yield attractive returns over time as the market continues its upward trajectory.
Moreover, the strong population growth of 7.1% in Frogmore further enhances the investment potential. New residents may lead to higher demand for rentals and purchases alike. Investors might consider capitalizing on this trend by investing in rental properties or looking into new construction projects to meet the growing housing needs.
Future Market Outlook for Frogmore
The real estate market outlook for Frogmore appears optimistic based on current trends and data. If population growth continues at its current pace, it is expected that the demand for housing will remain strong. This demographic trend, coupled with the current upward movement in property prices, suggests that the Frogmore market may continue to see property values rise over the medium to long term.
However, potential investors should be mindful of external economic factors such as interest rates and employment levels that could influence buyer affordability and overall demand within the region. Assuming no major economic disruptions occur, Frogmore’s real estate market looks poised for sustained growth and offers an appealing environment for both residential living and investment purposes.
