Hintonburg, 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 | $420,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $340,000 |
| 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) | 6.0 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Hintonburg, Ontario exhibits steady growth as reflected in the current housing statistics. With a median house price of $500,000, the market has experienced a year-over-year increase of 3.5%. This trend indicates sustained buyer interest and confidence in the area’s residential property values.
In the apartment sector, the median price stands at $300,000, having grown by 2.1% over the past year. This more modest growth rate suggests a stable yet slightly slower pace of appreciation for apartment properties, which may be appealing to investors looking for long-term gains.
The population of Hintonburg has risen to 15,000 residents, marking a significant growth rate of 7.1%. Such demographic expansion contributes to increased housing demand, which is likely to sustain property value appreciation and rental market strength.
Investment Opportunities and Potential
Hintonburg’s real estate market offers diverse investment opportunities. The consistent rise in house prices and a robust population growth signal strong potential for both capital gains and rental income.
Investors might consider single-family homes given their higher appreciation rate. The 3.5% annual increase in house prices suggests that investments in this segment could yield substantial returns as demand continues to grow alongside the population.
Meanwhile, apartments present an attractive entry point for new investors due to their lower median price point and reliable appreciation rate. With ongoing urbanization and demographic trends favoring smaller household sizes, apartments could see heightened demand, especially from young professionals and downsizers.
Future Market Outlook
The future of Hintonburg’s real estate market appears promising. The robust population growth of 7.1%, coupled with consistent property value increases, sets a positive outlook for both residential and investment purposes.
Demand is expected to remain strong as new residents are drawn by employment opportunities, lifestyle amenities, and Hintonburg’s reputation as an up-and-coming neighborhood. This inflow should maintain upward pressure on both sales prices and rental rates.
Cautious optimism is advisable due to external economic factors that could affect interest rates and borrowing costs; however, Hintonburg’s intrinsic characteristics suggest that its real estate market will continue to grow at a healthy pace over the medium term.
