Jocelyn, 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 | $400,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $600,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $250,000 |
| 2 bedrooms | $350,000 |
| 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) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
In Jocelyn, Ontario, the real estate market is currently experiencing steady growth. The median house price in the area stands at $500,000, with a year-over-year increase of 3.5%. This indicates a healthy appreciation rate for homeowners and a robust market for prospective buyers. The apartment sector shows a more modest growth pattern, with the median apartment price at $300,000 and an annual appreciation trend of 2.1%. Given these figures, the market is exhibiting a balanced growth that benefits both the detached home and apartment segments.
Investment Opportunities and Potential
The real estate market in Jocelyn presents diverse investment opportunities. With a population of 15,000 and a significant population growth rate of 7.1%, there is an increasing demand for housing which investors can capitalize on. The steady increase in property values suggests that investments made now could yield considerable returns as the market continues to grow. The stronger performance of detached homes implies that these properties might be particularly attractive to investors looking for long-term capital gains, while apartments offer more affordable entry points into the real estate market.
Future Market Outlook
The future outlook for Jocelyn’s real estate market remains optimistic. Population growth is one of the critical drivers of housing demand, and with the current growth rate of 7.1%, it can be expected that this demand will continue to spur real estate development and investment in the region. Assuming no major economic disruptions occur, both median house and apartment prices are likely to maintain their upward trajectory. However, investors should monitor key economic indicators such as employment rates, interest rates, and regional development plans which can impact future market conditions.
