Golden, British Columbia 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 | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $440,000 |
| 3 bedrooms | $520,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $470,000 |
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 Golden, British Columbia, is currently experiencing a steady increase in property values. The median house price stands at $520,000, reflecting a year-over-year growth of 4%. This indicates a healthy demand for housing in the area. Similarly, the median apartment price has grown to $310,000 with a slightly lower year-over-year trend of 2.5%. This consistent upward trend in both housing categories suggests a stable and growing real estate market.
Investment Opportunities and Potential
Golden’s real estate market presents attractive investment opportunities for potential buyers and investors. The steady increase in property prices indicates a strong market with the potential for capital gains over time. With the town’s population growing at a rate of 3.3%, there is likely to be continued demand for housing, which may spur further development and investment opportunities. Moreover, Golden’s appeal as an outdoor recreation destination can attract short-term rental investments or developments catering to tourism.
Future Market Outlook
The future outlook for Golden’s real estate market appears promising. The consistent rise in property values accompanied by solid population growth positions Golden as an emerging market with investment potential. As long as the population continues to grow and economic factors remain favorable, the demand for housing is expected to sustain or potentially increase. Investors and homeowners may see appreciable returns on real estate investments made in this locale over the medium to long term.
