Arnold, British Columbia 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 Arnold, British Columbia, is currently experiencing a steady increase in property values. With the median house price at $500,000, the market has seen a year-over-year growth of 3.5%. This suggests a healthy demand for residential properties and a robust local economy that supports this growth. The apartment sector is also witnessing growth, albeit at a slightly slower pace with a 2.1% year-over-year increase and a current median price of $300,000. Arnold’s population has risen by 7.1%, indicating an influx of new residents and potential homebuyers to the area, which could be contributing to the steady appreciation in property values.
Investment Opportunities and Potential
The positive trends in Arnold’s housing market present promising investment opportunities. Investors may find the steady increase in house prices indicative of a market with potential for stable capital gains. The consistent growth in apartment prices also suggests that rental properties could provide reliable income streams. Given the population’s notable growth rate of 7.1%, demand for housing is anticipated to remain strong. This demographic trend can be particularly appealing to investors looking to enter into or expand their presence in the rental market.
Future Market Outlook
The future of Arnold’s real estate market looks optimistic based on current trends and demographic data. The sustained increase in property values across both houses and apartments indicates a balanced market trajectory. As long as the population continues to grow, demand for housing should support ongoing property value appreciation. However, investors should be cognizant of broader economic factors and government housing policies that may impact future market dynamics.
The overall outlook remains positive for Arnold’s real estate market. Prospective buyers and investors should consider entering the market soon to capitalize on the current momentum, while also keeping an eye on interest rates and employment figures, as these will influence long-term market sustainability.
