Acme, Alberta 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 Acme, Alberta, is currently experiencing stable growth with a median house price of $500,000, reflecting a year-over-year increase of 3.5%. This steady rise in housing prices indicates a healthy demand for properties, which is consistent with the area’s growing population, now standing at 15,000 residents. The increase in population by 7.1% suggests a robust community expansion that may be contributing to the current housing trends.
Apartments in Acme are also following an upward trajectory, albeit at a more moderate pace. The median apartment price is currently $300,000, marking a 2.1% increase from the previous year. This growth rate points to sustained interest in more affordable and potentially more flexible housing options, which could be particularly appealing to first-time homebuyers or investors looking for rental properties.
Investment Opportunities and Potential
The real estate market in Acme presents several lucrative investment opportunities. Given the consistent growth in property values and the expanding population base, investing in residential properties could yield significant returns over time. For investors seeking long-term capital gains, purchasing single-family homes at the current median price point offers potential as the market continues to grow.
For those interested in rental income or more modest investments, the apartment sector provides an attractive entry point. With apartment prices increasing at a slower rate than houses, there is room for investment that caters to the rising demand for more affordable living spaces as the population grows.
Future Market Outlook
The future outlook for Acme’s real estate market appears promising. The ongoing population growth suggests sustained demand for housing which could continue to drive property values upwards. If current trends persist and economic conditions remain favorable, both segments of the housing market—houses and apartments—are likely to experience continued appreciation.
Investors should monitor local economic drivers and infrastructure developments that could further influence property values. Additionally, keeping an eye on national economic policies and their impact on mortgage rates will be crucial for forecasting future market dynamics.
In conclusion, Acme presents itself as a growing town with considerable potential for both residential living and real estate investment opportunities fueled by demographic trends and positive economic prospects.
