Keswick, 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
The real estate market in Keswick, Ontario currently presents a stable environment with continuous growth. With a median house price of $500,000 and an appreciation trend of 3.5% year-over-year, the market showcases a healthy increase that aligns with traditional real estate cycles. The median apartment price stands at $300,000, which is seeing a slightly more modest growth at 2.1% year-over-year.
This steady growth can be attributed to several factors, including Keswick’s appealing location and its community amenities. As part of the Greater Toronto Area, Keswick offers both proximity to urban centers and the tranquility of a smaller town setting, which is increasingly attractive to homebuyers and investors alike.
Investment Opportunities and Potential
Investment opportunities in Keswick are burgeoning due to its population growth rate of 7.1%, which outpaces many other regions. This demographic expansion suggests an increasing demand for housing, potentially leading to higher rental occupancy rates and appreciation of property values over time.
Investors may find particular potential in the single-family home market given the higher appreciation rate. However, apartments also represent a viable investment opportunity with their lower entry price point and consistent growth rate, especially for those looking to cater to individuals or small families who prefer the convenience and affordability of apartment living.
Future Market Outlook
Looking towards the future, Keswick’s real estate market is poised for continued growth. The ongoing population increase suggests that there will be sustained demand for both rental properties and homes for sale. Assuming this trend continues along with economic stability, both median house prices and apartment prices are likely to maintain their upward trajectories.
Moreover, infrastructure developments and community investments are indicators that Keswick will remain an attractive location for new residents and businesses. Consequently, investors could see long-term benefits from entering the market now while it is still experiencing robust growth rates but has not yet reached peak pricing.