Aweme, Manitoba Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 3.0% |
| Stock on market | 0.9% |
Apartment
| Median price | $290,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $580,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $340,000 |
| 3 bedrooms | $440,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 15,000 |
| Population Change | 1.3% |
| Total Private Dwellings | 6,100 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Aweme, Manitoba currently presents a stable environment with moderate growth. The median house price stands at $485,000, with a year-over-year increase of 3%. This incremental growth suggests a steadily appreciating housing market. On the other side, the median apartment price is slightly lower at $290,000, showcasing a year-over-year increase of 2.5%. The population of Aweme has reached 15,200 residents and continues to grow at a rate of 1.33% annually. This consistent population growth is reflective of a healthy local economy and contributes to ongoing demand for housing.
Investment Opportunities and Potential
The current trends indicate modest yet consistent appreciation in property values, which bodes well for long-term investment potential in Aweme’s real estate market. With house prices experiencing a 3% rise and apartment prices seeing a slightly lower increase, investors might find greater capital gains opportunities in the single-family home segment. However, apartments could be an attractive option for those looking for rental income investments, especially considering the steady population growth that could drive rental demand. Investors should also consider the broader economic landscape and local developments that may impact future property values.
Future Market Outlook
Looking forward, the Aweme real estate market appears positioned for continued growth at a sustainable pace. The consistent rise in property values and population suggest a growing demand that should support real estate prices going forward. Assuming no major economic disruptions occur, investors can reasonably expect ongoing appreciation in property values aligned with current trends. As such, both housing and apartment markets are poised to offer fruitful opportunities for those looking to invest in Aweme’s real estate over the medium to long term.
