Real Estate Market Report for
Altona, MB

Updated : Aug 2016
House
  • Median price $214,950
  • Monthly growth -3.15 %
  • Quarterly trend
  • Stock on market 3.32%
Apartment
  • Median price $210,000
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.18%
Altona Home Price

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Across the country as a whole, Altona is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

In Aug the median listed house price of $214,950 in Altona was an above average compared to the rest of Manitoba.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Altona has a huge choice compared to the rest of the province

Is Altona a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Altona, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 64, this month we show 54.

Canada’s national median home listing price this month is $244,900, which means that Altona is close to average for Canada.

When our research team crunched the numbers we calculated that Altona has a median home price of $210,000.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

This month we track 15th neighbourhoods in Manitoba, and Altona has the 15th most choice available for real estate investors.

It’s never an exact art, but to try to forecast how property is going to appreciate in Altona for investors, it’s important to look at data like:

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
2 bedrooms $159,000 $199,500
3 bedrooms $199,900
4 bedrooms $259,000
5 bedrooms $269,000
Demographics
  • Land area (square km)9.39
  • Population in 20114088
  • Population in 20063709
  • 2006 to 2011 population change (%)10.2
  • Total private dwellings1627
  • Private dwellings occupied by usual residents1597
  • Population density per square kilometre435.4
  • Age Characteristics
    Total population by age groups 4085
    0 to 4 years 280
    5 to 9 years 275
    10 to 14 years 255
    15 to 19 years 290
    15 years 65
    16 years 60
    17 years 60
    18 years 60
    19 years 55
    20 to 24 years 260
    25 to 29 years 230
    30 to 34 years 245
    35 to 39 years 240
    40 to 44 years 235
    45 to 49 years 275
    50 to 54 years 255
    55 to 59 years 245
    60 to 64 years 195
    65 to 69 years 170
    70 to 74 years 160
    75 to 79 years 135
    80 to 84 years 150
    85 years and over 195
    Median age of the population 39.2
    % of the population aged 15 and over 80.1
  • Marital Status
    Total population 15 years and over by marital status 3275
    Married or living with a common-law partner 2070
    Married (and not separated) 2000
    Living common-law 70
    Not married and not living with a common-law partner 1205
    Single (never legally married) 755
    Separated 60
    Divorced 95
    Widowed 295
    Family Characteristics
    Total number of census families in private households 1120
    Size of census family: 2 persons 575
    Size of census family: 3 persons 185
    Size of census family: 4 persons 220
    Size of census family: 5 or more persons 140
    Total number of census families in private households 1120
    Total couple families by family structure and number of children 1020
    Married couples 985
    Without children at home 505
    With children at home 480
    1 child 150
    2 children 200
    3 or more children 125
    Common-law couples 35
    Without children at home 25
    With children at home 15
    1 child 5
    2 children 0
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 105
    Female parent 85
    1 child 40
    2 children 20
    3 or more children 20
    Male parent 20
    1 child 10
    2 children 10
    3 or more children 5
    Total children in census families in private households 1215
    Under six years of age 340
    6 to 14 years 460
    15 to 17 years 175
    18 to 24 years 200
    25 years and over 40
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 3925
    Number of persons not in census families 575
    Living with relatives 55
    Living with non-relatives only 75
    Living alone 445
    Number of census family persons 3350
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 675
    Number of persons not in census families aged 65 years and over 220
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 215
    Number of census family persons aged 65 years and over 450
    Total number of private households by household type 1600
    Census-family households 1115
    One-family-only households 1070
    Couple-family households 980
    Without children 510
    With children 475
    Lone-parent-family households 90
    Other family households 40
    One-family households with persons not in a census family 30
    Couple-family households 25
    Without children 10
    With children 15
    Lone-parent-family households 10
    Two-or-more-family households 10
    Non-census-family households 485
    One-person households 445
    Two-or-more-person households 40
    Total number of occupied private dwellings by structural type of dwelling 1595
    Single-detached house 1145
    Apartment, building that has five or more storeys 0
    Movable dwelling 30
    Other dwelling 415
    Semi-detached house 45
    Row house 115
    Apartment, duplex 15
    Apartment, building that has fewer than five storeys 245
    Other single-attached house 5
    Total number of private households by household size 1595
    1 person 445
    2 persons 585
    3 persons 195
    4 persons 225
    5 persons 90
    6 or more persons 55
    Number of persons in private households 3925
    Average number of persons in private households 2.5
Census 2011

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