Hawkesbury, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 2.9% |
| Stock on market | 0.7% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 1.8% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $570,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $330,000 |
| 3 bedrooms | $425,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 15,000 |
| Population Change | 1.3% |
| 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
In Hawkesbury, Ontario, the real estate market has been displaying a modest upward trend. The median house price currently stands at $485,000, reflecting a year-over-year increase of 2.9%. This growth indicates a steady market with reasonable demand for single-family homes. Meanwhile, apartments in the area are also experiencing a rise in value but at a slightly slower pace, with the median apartment price now at $295,000 and an annual growth rate of 1.8%. Hawkesbury’s population has reached 15,200 residents and is growing at a rate of 1.3%, suggesting that housing demand could maintain or potentially increase due to demographic pressures.
Investment Opportunities and Potential
The real estate market in Hawkesbury presents several investment opportunities. Given the steady growth in property values and population increases, there is potential for both short-term gains through flipping properties and long-term returns from rental income streams. The more moderate increase in apartment prices compared to houses suggests that there may be room for growth in this sector, making it an attractive target for investors looking to enter the market at a lower price point. Additionally, as the town continues to expand, there may be opportunities for new development projects to meet the increasing housing needs of the community.
Future Market Outlook
The future outlook for Hawkesbury’s real estate market appears positive. With consistent growth in property values and population numbers that are on the rise, this trend is likely to continue into the foreseeable future. The current economic climate and interest rates will play a significant role in shaping the exact trajectory of the market; however, given the stability observed so far, investors can remain cautiously optimistic about their prospects in Hawkesbury. Infrastructure developments and community investments could further bolster market conditions by attracting new residents and improving quality of life within the town.
