Haliburton, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.7% |
Apartment
| Median price | $315,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $450,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $675,000 |
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
Current Market Conditions and Trends
The real estate market in Haliburton, Ontario is experiencing steady growth, as indicated by the current median house price of $525,000, which reflects a 4% year-over-year increase. This suggests a healthy demand for residential properties. Similarly, the median apartment price stands at $315,000, with a more modest growth trend of 2.5% year-over-year. The sustained growth in housing prices can be attributed to several factors including the area’s natural beauty, recreational opportunities, and its appeal as a destination for both permanent residents and vacationers.
With a population of 15,500 that has grown by 3.3%, Haliburton is attracting new residents and thus stimulating demand for housing. The combination of population growth and increasing property values indicates a competitive market environment that is likely to sustain its upward trajectory in the near term.
Investment Opportunities and Potential
The Haliburton real estate market presents promising investment opportunities. Investors may find potential in both the residential housing segment and the apartment market. With consistent price appreciation in both sectors, investors could benefit from capital gains over time. Additionally, the area’s growing population suggests a rising demand for rental properties, potentially leading to favorable rental yields.
The sustained interest in rural and recreational areas since the onset of remote work trends may also contribute to long-term investment potential. Haliburton’s natural amenities make it particularly attractive for developing vacation rentals or purchasing properties that can serve as second homes or retirement destinations.
Future Market Outlook
The future market outlook for Haliburton remains optimistic based on current trends. The continuation of a 4% annual increase in house prices indicates a robust market that could attract more buyers and investors looking for steady growth. Assuming similar economic conditions prevail, such as low-interest rates and ongoing urban-to-rural migration patterns, the local real estate market is poised to maintain its momentum.
However, potential investors should monitor macroeconomic factors that could impact market dynamics, such as changes to mortgage regulations or shifts in the broader Canadian economy. Local factors like infrastructure development and community services expansion will also play a role in shaping Haliburton’s real estate landscape.
In conclusion, with strong fundamentals like population growth and consistent property value appreciation, Haliburton represents an attractive option for investors seeking stable returns in a scenic Ontario locale.
