Ilderton, Ontario Real Estate Market Data
Updated: Nov 2024
House
Median price | $550,000 |
Monthly growth | 1.5% |
Quarterly trend | 4.0% |
Stock on market | 0.6% |
Apartment
Median price | $320,000 |
Monthly growth | 1.0% |
Quarterly trend | 2.5% |
Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
Bedrooms | Median Price |
---|---|
2 bedrooms | $425,000 |
3 bedrooms | $550,000 |
4 bedrooms | $675,000 |
Apartments
Bedrooms | Median Price |
---|---|
1 bedrooms | $260,000 |
2 bedrooms | $360,000 |
3 bedrooms | $480,000 |
Demographics
Current Population (2025) | 15,500 |
Previous Population (2020) | 15,000 |
Population Change | 3.3% |
Total Private Dwellings | 6,200 |
Occupied Private Dwellings | 5,800 |
Population Density (per km²) | 1.6 |
Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Ilderton, Ontario, currently presents a stable and slightly appreciative environment. The median house price stands at $550,000, displaying a year-over-year increase of 4%. This steady growth indicates a healthy demand for single-family homes in the area and reflects the broader provincial and national trends towards suburban and rural home buying post-pandemic.
On the other hand, the apartment market is also seeing growth, albeit at a slightly more modest pace. The median apartment price is currently $320,000, with an increase of 2.5% year-over-year. This difference in growth rates between houses and apartments may signify a stronger preference for more spacious living accommodations among Ilderton residents or potential buyers considering relocating to the area.
With a population of 15,500 and a robust growth rate of 3.3%, Ilderton’s community is on the rise, which could continue to support property values as demand for housing is fueled by both local population increases and incoming residents.
Investment Opportunities and Potential
Considering current trends, investment opportunities in Ilderton are promising. The consistent rise in property values for both houses and apartments suggests that investments made today have the potential for capital gains in the medium to long term. Moreover, the solid population growth rate provides an optimistic outlook for rental property investors who can anticipate increased rental demand as the town expands.
Investors should be mindful that single-family homes appear to be leading market growth; therefore, these properties might offer higher returns than apartments at this time. However, apartments should not be overlooked as they provide entry points into the real estate market at lower price thresholds and may appeal to different demographics such as young professionals or smaller families.
Future Market Outlook
Looking ahead, Ilderton’s real estate market appears poised for continued growth. Factors such as an expanding population base and sustained interest in suburban areas suggest that both housing prices and rental markets are likely to remain robust. If current economic conditions persist — including historically low-interest rates — this trend may continue unabated.
However, it’s important for investors to consider broader economic factors, including any changes in interest rates or employment levels within the region that could impact buyers’ affordability. With proper due diligence and an eye on local development plans, investors can potentially capitalize on Ilderton’s evolving real estate landscape.