Chatham-Kent Real Estate Market Update: April 2025 & What to Do in June
📊 Market Highlights (CKAR)
- Average home price in April 2025: $424,313—a 7% decline from April 2024, but +2.5% year-to-date
- 105 homes sold in April, down 9.5% from April 2024—sales are lower than this time last year
- 285 new listings were added in April, a 5.9% hike from April 2024, with 503 active listings—more than any April in the past decade
- President Barbara McCaughrin notes this high inventory and price dip “presents opportunities for buyers”
💡 Investment Tips for Chatham-Kent
- Inventory rise favors buyers: With homes selling slower and more to choose from, it’s a good time to negotiate.
- Target undervalued areas: Seek properties in growing communities like Wallaceburg or Thamesville.
- Explore multi-family conversions: With lower prices, turning duplexes into triplexes—or even Airbnb-inclined homes—makes financial sense.
- Combine agritourism opportunities: Close proximity to farmland and rural attractions supports diversification into short-term rentals.
🎉 Don’t Miss These June Events
- June 1–30: Ridgetown & Wallaceburg Farmers’ Markets offer community connection and insight into the alocal economy
- June 5–8: TimberFest & Longwoods Road Rally in Ridgetown/Wallaceburg—great for networking with locals and contractors
- June 7: Sydenham Dragon Boat Festival—community engagement and fun in Wallaceburg
- June 12–Aug (Various Thursdays): Summer Concert Series across Blenheim, Chatham, Dresden, Ridgetown, and Wallaceburg—ideal casual networking venues
- June 28–29: Dresden Blues Fest and Great Erie Salmon & Walleye Hunt—community draws in Dresden, Erieau & Kent region
- Late June: Kinsmen Fair in Chatham (May 29–June 1 start), a local staple
📅 July 5: Duplex-to-6‑Plex Live Case Study
Join our FREE Stake Realty‑sponsored workshop with PE Real Estate Solutions & PE Construction. Watch a duplex be converted into a 6‑plex and uncover investment strategies from real-world renovation. Only a few spots left—reserve today!
📞 Ready to Invest?
With strong inventory levels and buyer-friendly conditions, Chatham-Kent offers prime opportunity. Looking for multi-family renovations or short-term rental insights? Get in touch with our experts for your personalized strategy.