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Ingersoll, Ontario Real Estate Market Data

Updated: Nov 2024

House

Median price $520,000
Monthly growth 1.5%
Quarterly trend 4.2%
Stock on market 0.7%

Apartment

Median price $310,000
Monthly growth 1.0%
Quarterly trend 2.5%
Stock on market 1.1%

Prices by Number of Bedrooms

Houses

Bedrooms Median Price
2 bedrooms $450,000
3 bedrooms $520,000
4 bedrooms $620,000

Apartments

Bedrooms Median Price
1 bedrooms $260,000
2 bedrooms $360,000
3 bedrooms $470,000

Demographics

Current Population (2025) 15,200
Previous Population (2020) 14,800
Population Change 2.7%
Total Private Dwellings 6,200
Occupied Private Dwellings 5,700
Population Density (per km²) 1.6
Land Area (km²) 2,500.5

Market Analysis






Ingersoll, Ontario Real Estate Market Analysis

Current Market Conditions and Trends

The real estate market in Ingersoll, Ontario currently presents a stable growth environment as evidenced by the year-over-year increase in property values. The median house price stands at $520,000, marking a 4.2% increase over the previous year. This steady climb reflects a healthy demand for residential properties. Similarly, apartments have seen a moderate appreciation with the median price reaching $310,000, which is up by 2.5% from the last year.

The town’s population of 15,200 has been on an uptick with a growth rate of 2.7%. This demographic trend suggests a burgeoning community that could further stimulate housing demand. These conditions indicate an active market where properties are appreciating yet remain accessible compared to larger urban centers.

Investment Opportunities and Potential

Ingersoll’s real estate market presents attractive investment opportunities for both residential and rental properties. The consistent rise in housing prices at a modest rate suggests that investments made in the current climate have a favorable chance of capital appreciation. Moreover, with population growth outpacing the national average, there is potential for increased rental demand which could benefit investors looking to enter the landlord market.

The more moderate increase in apartment prices indicates that this segment of the market may offer entry points for investors seeking more affordable options with reliable returns. Given the population growth and consequent demand for diverse housing options, investors might find apartments particularly attractive for both short-term income through rentals and long-term value appreciation.

Future Market Outlook

The future outlook for Ingersoll’s real estate market remains cautiously optimistic based on current trends and demographic shifts. Assuming consistent economic conditions and population growth, the demand for housing is likely to persist, potentially driving prices upward at a steady pace.

The town’s proximity to larger economic hubs and its appeal as a smaller community may attract individuals seeking a balance between urban amenities and rural charm. This could bolster further population influx and sustain the growth in real estate values over time.

It is important for potential investors to monitor economic factors such as employment rates, interest rates, and regional development projects which can impact real estate markets significantly. A nuanced approach considering these variables will be essential in making informed investment decisions in Ingersoll’s dynamic real estate landscape.