Ingleside, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $510,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.2% |
| Stock on market | 0.6% |
Apartment
| Median price | $320,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.8% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $510,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $460,000 |
Demographics
| Current Population (2024) | 15,500 |
| Previous Population (2019) | 15,000 |
| Population Change | 3.3% |
| 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 Ingleside, Ontario
The real estate market in Ingleside, Ontario, is exhibiting a period of steady growth. The median house price currently stands at $510,000, with a year-over-year increase of 4.2%. This trend indicates a healthy demand for single-family homes in the area. Similarly, the median apartment price has reached $320,000, showing a more modest year-over-year rise of 2.8%. The population of Ingleside has grown to approximately 15,500 residents, with a notable growth rate of 3.3%. This influx of new residents suggests a robust and expanding community, which supports the increased housing demand and contributes to the upward pressure on property values.
Investment Opportunities and Potential in Ingleside
Ingleside presents attractive investment opportunities, particularly in the residential property sector. Given the consistent increase in property values for both houses and apartments, investors can expect a favorable return on investment through capital gains over time. Rental properties also offer potential due to the growing population and demand for housing. With the market exhibiting steady growth rates without signs of overheating, investments made now could be well-positioned for long-term appreciation.
Future Market Outlook for Ingleside Real Estate
The future market outlook for Ingleside’s real estate seems optimistic. The sustained population growth paired with rising property values suggests that the demand for housing will continue to support the market’s expansion. Assuming no significant economic disruptions occur, such as major employment shifts or interest rate spikes, Ingleside’s real estate market is poised for continued growth. However, prospective investors and homeowners should monitor local economic indicators and infrastructure developments closely as these factors can influence future market dynamics.
