Kemptville, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $520,000 |
| Monthly growth | 1.3% |
| Quarterly trend | 4.0% |
| Stock on market | 0.7% |
Apartment
| Median price | $310,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
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 | $460,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Kemptville, Ontario is currently experiencing steady growth. With a median house price of $520,000, the market has witnessed a 4% year-over-year increase. This consistent rise in house prices reflects a stable and moderately competitive environment for potential homebuyers and investors. Similarly, the median apartment price stands at $310,000, with a slightly lower growth rate of 2.5% year-over-year. This difference in growth rates may indicate a stronger demand for single-family homes over apartments.
The population of Kemptville is approximately 15,500 and has seen a healthy growth rate of 3.3%. This demographic expansion can be linked to the area’s growing appeal to both residents and those looking for investment opportunities in less densely populated areas that offer a balance between rural charm and access to urban amenities.
Investment Opportunities and Potential
Kemptville’s real estate market offers promising investment opportunities for several reasons. The steady increase in property values indicates a robust market with potential for capital gains over time. Investors might be particularly interested in the single-family home segment, which is showing stronger growth compared to apartments.
Furthermore, the continuous population growth suggests an increasing demand for housing which could lead to greater rental occupancy rates and potentially higher rental yields for investors. The town’s proximity to Ottawa adds to its attractiveness as a commuter town, making it an appealing location for those working in the city but looking to live in a more suburban setting.
Future Market Outlook
The future outlook for Kemptville’s real estate market remains optimistic given the current trends and data. Assuming similar economic conditions continue, one can expect sustained growth in property values alongside stable population increases. The ongoing development of local infrastructure and community services will likely bolster Kemptville’s desirability both as a place to live and invest.
However, it is important for investors to keep an eye on broader economic factors including interest rates, employment trends in the region, and government policies affecting homeownership which could all impact market dynamics moving forward.
