Haydon, Ontario Real Estate Market Data
Updated: Nov 2024
House
Median price | $550,000 |
Monthly growth | 1.1% |
Quarterly trend | 4.2% |
Stock on market | 0.7% |
Apartment
Median price | $320,000 |
Monthly growth | 0.8% |
Quarterly trend | 2.5% |
Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
Bedrooms | Median Price |
---|---|
2 bedrooms | $475,000 |
3 bedrooms | $550,000 |
4 bedrooms | $625,000 |
Apartments
Bedrooms | Median Price |
---|---|
1 bedrooms | $270,000 |
2 bedrooms | $360,000 |
3 bedrooms | $450,000 |
Demographics
Current Population (2025) | 15,500 |
Previous Population (2020) | 15,000 |
Population Change | 3.3% |
Total Private Dwellings | 6,300 |
Occupied Private Dwellings | 5,800 |
Population Density (per km²) | 1.6 |
Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends in Haydon, Ontario
The real estate market in Haydon, Ontario, is currently characterized by steady growth. With a median house price of $550,000 and a positive year-over-year trend of 4.2%, the market is showing signs of sustainability and consumer confidence. Meanwhile, the median apartment price stands at a more accessible $320,000, with a moderate appreciation of 2.5% year-over-year.
The population of Haydon has reached approximately 15,500 residents and is expanding at a healthy rate of 3.3%. This demographic growth is fueling demand for housing in both the private sale and rental markets. As new residents move in, both sectors are expected to remain active, which may continue to push property values upward moderately.
Investment Opportunities and Potential in Haydon
Investors considering the Haydon real estate market can find potential in various segments. The consistent increase in property values indicates a stable investment environment. Single-family homes, given their greater year-over-year price increase compared to apartments, represent an attractive opportunity for capital gains over the long term.
Apartments, on the other hand, with their lower entry price point and steady appreciation rate, could appeal to investors looking for rental properties or more affordable investment options. The growing population suggests that rental demand is likely to remain strong, providing investors with the possibility of consistent rental income and lower vacancy rates.
Future Market Outlook for Haydon
Looking ahead, the future market outlook for Haydon appears cautiously optimistic. Continued population growth should support ongoing demand for housing. However, prospective investors and homeowners should monitor economic indicators closely as external factors such as interest rates and employment levels can influence buyer sentiment and affordability.
If current trends persist, we can expect gradual but sustained growth in property values across both houses and apartments. Nonetheless, it is essential for stakeholders to consider long-term economic cycles and maintain awareness of regional developments that could impact the local real estate landscape.
In conclusion, Haydon’s real estate market offers promising opportunities backed by solid market data. Investors and homebuyers are advised to conduct thorough due diligence and consider aligning their strategies with the current trends for future success.