Guelph, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $570,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.6% |
Apartment
| Median price | $325,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $475,000 |
| 3 bedrooms | $570,000 |
| 4 bedrooms | $675,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $270,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $460,000 |
Demographics
| Current Population (2025) | 16,000 |
| Previous Population (2020) | 15,500 |
| Population Change | 3.2% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,800 |
| Population Density (per km²) | 1.7 |
| Land Area (km²) | 2,600.4 |
Market Analysis
1. Current Market Conditions and Trends in Guelph, Ontario
The real estate market in Guelph, Ontario, currently presents a stable and growing environment. With a median house price of $570,000, the market has experienced a 4% year-over-year increase. This steady growth indicates a healthy demand for housing in the area. Furthermore, the median apartment price stands at $325,000, having seen a slightly more modest year-over-year rise of 2.5%.
The city’s population of 16,000 has been expanding at a rate of 3.2%, suggesting that Guelph is an attractive destination for both individuals and families looking for residential opportunities in Southern Ontario. The demographic growth is likely contributing to the sustained demand for housing and can be seen as a positive indicator for potential investors in the region.
2. Investment Opportunities and Potential in Guelph’s Real Estate Market
Guelph’s real estate market offers promising investment opportunities due to its consistent growth trends. The city’s increasing population and economic stability make it a viable location for both residential and rental property investments.
The uptick in house prices suggests that investors could expect capital appreciation over time. Rental properties also appear to have potential, given the robust population growth which may lead to higher demand for apartments and homes for rent. Investors should consider the long-term benefits of acquiring properties at current prices in anticipation of continued market expansion.
3. Future Market Outlook for Guelph’s Real Estate Market
The future outlook for the Guelph real estate market remains positive based on current trends. The city’s consistent population increase is expected to maintain demand for housing. Assuming that economic conditions remain stable or improve, this trend is likely to continue supporting both price growth and investment returns.
However, prospective investors should also stay informed about national economic policies, interest rates changes, and local developments that could impact property values. While the data indicates ongoing growth potential, mindful consideration of broader economic factors is advisable when forecasting future market performance.
