Beausejour, Manitoba Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 2.8% |
| Stock on market | 0.7% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 1.9% |
| Stock on market | 1.0% |
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 | $320,000 |
| 3 bedrooms | $410,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 14,000 |
| Population Change | 5.1% |
| Total Private Dwellings | 6,200 |
| 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 Beausejour, Manitoba currently presents a stable and growing environment with the median house price sitting at $485,000, marking a year-over-year increase of 2.8%. This growth indicates a healthy demand for single-family homes in the area. Meanwhile, the median apartment price is at $295,000, with a slightly lower year-over-year price increase of 1.9%. This difference in growth rates between houses and apartments suggests that there is a stronger market preference for detached housing in Beausejour.
The population of Beausejour has reached approximately 15,200 residents, reflecting a robust population growth rate of 5.14%. This demographic expansion supports the ongoing demand for housing and contributes to the buoyancy of the real estate market.
Investment Opportunities and Potential
The steady growth in property values paired with significant population increases positions Beausejour as an attractive locale for real estate investment. The consistent rise in median house prices suggests that investing in residential properties could yield solid capital gains over time. Additionally, given the lower apartment price trends, investors might find opportunities in multi-family dwellings which could cater to those seeking more affordable housing options or rental accommodations.
The expanding population also hints at potential developments in infrastructure and services, which may further enhance property values. Investors should consider both short-term rental possibilities and long-term property appreciation when evaluating investments in Beausejour’s real estate market.
Future Market Outlook
Looking ahead, the future real estate market outlook for Beausejour appears promising. The persistent population growth indicates an enduring need for housing, which may lead to sustained or increased property demand. If current trends continue, it is reasonable to anticipate further moderate increases in house and apartment prices.
Investors should monitor factors such as employment rates, economic development, and interest rates, as these will influence consumer purchasing power and could affect future market conditions. Given Beausejour’s positive demographic trajectory and manageable property price increases, the town is poised as an appealing destination for both residential buyers and real estate investors seeking stable growth potential.
