Kiosk, Ontario Real Estate Market Data
Updated: Nov 2024
House
Median price | $495,000 |
Monthly growth | 1.1% |
Quarterly trend | 3.2% |
Stock on market | 0.9% |
Apartment
Median price | $295,000 |
Monthly growth | 0.8% |
Quarterly trend | 2.5% |
Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
Bedrooms | Median Price |
---|---|
2 bedrooms | $380,000 |
3 bedrooms | $495,000 |
4 bedrooms | $620,000 |
Apartments
Bedrooms | Median Price |
---|---|
1 bedrooms | $240,000 |
2 bedrooms | $340,000 |
3 bedrooms | $420,000 |
Demographics
Current Population (2025) | 15,000 |
Previous Population (2020) | 14,500 |
Population Change | 3.5% |
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 Kiosk, Ontario, the real estate market is currently experiencing steady growth as reflected in the year-over-year price trends. The median house price stands at $495,000, which marks a 3.2% increase from the previous year. Similarly, apartments in the region are also showing a positive trend with the median apartment price at $295,000, up by 2.5% compared to last year.
The population of Kiosk has reached approximately 15,000 residents, with a significant population growth rate of 3.45%. This demographic expansion suggests an increased demand for housing and can be seen as a driving factor behind the current price trends.
Investment Opportunities and Potential
The consistent increase in property values indicates that Kiosk is a promising area for real estate investment. With houses and apartments appreciating steadily, investors could potentially benefit from both rental income and capital gains over time.
The continuous population growth not only increases demand for housing but may also lead to further development in the area. Investors might find opportunities in purchasing properties to cater to different segments of the market, including single-family homes, apartments, and townhouses.
Future Market Outlook
The future outlook for Kiosk’s real estate market appears optimistic given the current trends and data. Should the population continue to grow at its current rate or higher, we can expect sustained or possibly increased demand for housing.
If economic conditions remain favorable and support the ongoing population growth, such as through job creation or infrastructural development, it’s likely that both house and apartment prices will continue their upward trajectory. However, potential investors should keep an eye on broader economic indicators and local policy changes that could impact this forecast.