Anthracite, Alberta Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.8% |
| Stock on market | 0.6% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.7% |
| Quarterly trend | 1.5% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $575,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $330,000 |
| 3 bedrooms | $420,000 |
Demographics
| Current Population (2025) | 15,400 |
| Previous Population (2020) | 15,000 |
| Population Change | 2.7% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,800 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends in Anthracite, Alberta
The real estate market in Anthracite, Alberta, is exhibiting moderate growth with the median house price currently standing at $485,000, marking a 2.8% increase year-over-year. This steady upward trend reflects a healthy demand for residential properties within the area. The market for apartments is also experiencing growth, albeit at a slower pace, with the median apartment price reaching $295,000 and observing a 1.5% year-over-year uptick.
Fueled by a population growth of 2.7%, which is above the national average, the real estate market is benefiting from an expanding demographic seeking housing. The influx of new residents has contributed to a dynamic market environment, with both buyers and sellers engaging actively in transactions. The current trends suggest a balanced market where prices are rising at a sustainable rate without overheating.
Investment Opportunities and Potential in Anthracite, Alberta
Investors considering Anthracite’s real estate can find potential in both the housing and apartment sectors. The consistent growth in median prices indicates a stable investment climate with room for capital appreciation. Given that the population increase is likely to continue, demand for housing should remain robust, supporting investment longevity.
Residential properties offer attractive opportunities for rental income as well as long-term value growth. With houses showing stronger price growth compared to apartments, they may present more significant appreciation potential; however, apartments could be a more accessible entry point for investors due to their lower median price and may cater to a different segment of the rental market.
Investors should also consider local economic factors and infrastructure developments that could impact future property values and rental demand in Anthracite.
Future Market Outlook for Anthracite, Alberta
The future market outlook for Anthracite remains optimistic given current trends and demographic indicators. If population growth continues at its current pace or accelerates further due to regional economic development or migration patterns, the demand for housing is likely to keep propelling prices upward. However, investors should monitor interest rates and economic policies that could affect affordability and borrowing costs.
The sustained increase in home values suggests that there might be ongoing confidence from both homeowners and investors alike about the area’s economic stability. Local government initiatives aimed at improving infrastructure or attracting new businesses could further enhance this outlook.
In summary, while careful consideration of broader economic conditions is necessary, the prevailing data points toward continued health in Anthracite’s real estate market over the medium to long term.
