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 | 0.8% |
Apartment
| Median price | $320,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $440,000 |
| 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 | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
1. Current Market Conditions and Trends
The real estate market in Golden, British Columbia is currently experiencing a period of steady growth, with the median house price sitting at $520,000, representing a 4% year-over-year increase. This indicates a healthy demand for housing in the area, likely driven by the town’s natural beauty and outdoor recreation opportunities. The market for apartments is also showing positive momentum, with the median apartment price at $320,000 and a 2.5% year-over-year growth trend. The population of Golden has grown to 15,500 residents, reflecting a significant population growth rate of 3.3%, which may further drive housing demand.
2. Investment Opportunities and Potential
The investment potential in Golden’s real estate market is underscored by its consistent growth in property values and population. The steady increase in house prices suggests that investing in residential properties could yield solid returns over time. Additionally, the growing interest in apartment living—evidenced by the uptick in apartment prices—indicates an opportunity for investors to enter the rental or condominium markets. With Golden’s popularity as a tourist destination and its proximity to national parks, short-term rental investments may also present an attractive option for those looking to capitalize on seasonal visitor demand.
3. Future Market Outlook
The future outlook for Golden’s real estate market remains optimistic given the current trends and underlying drivers of growth. Continued population expansion at a rate of 3.3%, along with increased interest from both domestic buyers and international investors, is likely to sustain demand for housing. Assuming that local economic conditions remain stable and interest rates are manageable, the property market should maintain its upward trajectory. Prospective investors and homeowners can be cautiously confident about entering the market now, with expectations for long-term value appreciation.
