Haileybury, 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
The real estate market in Haileybury, Ontario is currently experiencing modest growth. The median house price stands at $500,000, reflecting a year-over-year increase of 3.5%. This uptrend suggests a stable market with steady demand for housing. Similarly, the market for apartments is also showing positive momentum, with the median apartment price rising to $300,000, marking a 2.1% growth over the previous year. These indicators point to a healthy and expanding real estate environment influenced by both local demand and external investment interest.
Investment Opportunities and Potential
With a population of 15,000 that has grown by 7.1%, Haileybury is becoming an increasingly attractive location for real estate investment. The steady rise in property values indicates a consistent demand which may be appealing for long-term investors seeking capital appreciation. The current market dynamics suggest that both residential homes and apartments offer viable investment opportunities, with single-family homes likely providing higher appreciation potential due to their greater year-over-year price increase. Additionally, the population growth implies potential for rental investments as more people may seek housing in the area.
Future Market Outlook
Looking forward, the future market outlook for Haileybury’s real estate sector appears promising. The sustained population growth is expected to continue driving demand for housing, which could further bolster property values and investment returns. Assuming economic conditions remain favorable and the area continues to attract new residents, both the house and apartment markets should maintain their upward trajectories. Investors considering entry into this market would be wise to monitor local economic developments, infrastructure improvements, and community growth patterns to capitalize on emerging opportunities.
