Hastings County Real Estate Market Overview
Many cities in Hastings County are a sought-after destination for home buyers. In fact, the town of Brancroft— located on the York River in the north end of Hastings County — was designated as the best spot to buy real estate in Canada. Hastings County is popular among home buyers for several reasons including easy access to pristine wilderness, a thriving arts and theatre culture, a colourful retail and dining scene, a convenient location in between Toronto and Ottawa, and relatively affordable home prices. Home to nearly 140,000 people, Hastings County offers a large inventory of homes. The median listing price hovers around $550,000, but more affordable housing options are available for budget-conscious buyers.
Why buy a rent-to-own home/condo in Hastings County, Ontario?
The following real estate market overview will help you decide if Hastings County is the right destination for you to buy a home:
- The municipalities in Hastings County have retained their distinct small-town charm, while providing residents easy access to urban amenities.
- Plenty of job opportunities are available in most towns of the county. For example, Bancroft has enjoyed a 28% increase in job creation since 2001. This is almost double that of the Ontario average.
- While housing continues to be cheaper in Hastings County, the recent appreciation in real estate values has offered the property owners an opportunity to build equity faster. Some towns have reported a 50%-70% increase in values over the past three years.
- Most towns are characterized by their beautiful open waterfront on the Bay of Quinte. Downtowns feature specialty shops, antique & collectible dealers, artisans, dining and services; modern accommodations, cultural and recreation experiences.
Best cities to buy a rent-to-own home in Hastings County
- Bancroft
- Carlow/Mayo
- Centre Hastings
- Deseronto
- Faraday
- Highlands
- Limerick
- Madoc
- Marmora & Lake
- Stirling-Rawdon
- Tudor & Cashel
- Tweed
- Tyendinaga
- Wollaston
How to buy a rent-to-own home in Hastings County with bad credit
Buying a rent-to-own home in any municipality of Hastings County is no longer a stressful process. If you are not able to qualify for a mortgage for any reason, we can help you get any home/condo or townhouse of your choice in Hastings County with a rent-to-own arrangement. It means that you get the freedom of shopping for a home just like a bank-approved buyer. Contact us today to learn more!
Hastings County Area Highlights
A quick view of the most influential metrics in Hastings County
Average Sale Price (Detached homes)
$550,000
Population
140,000
Average Sale Price (Townhouse)
$445,000
Average Sale Price (Condos)
$250,000