Camperville, Manitoba 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
In Camperville, Manitoba, the real estate market is currently experiencing stable growth. The median house price stands at $500,000, which has increased by 3.5% year-over-year. This indicates a healthy demand for single-family homes in the area. Similarly, apartments are showing a steady increase in value with a median price of $300,000 and an annual price growth of 2.1%. The population of Camperville has reached 15,000 residents and has seen a significant growth rate of 7.1%, which suggests an expanding community that could further drive housing demand.
Investment Opportunities and Potential
The real estate market in Camperville presents attractive investment opportunities. Given the consistent upward trend in property values and the substantial population growth, investors can anticipate continued appreciation in property investments. The single-family housing market, with its higher year-over-year price increase, could be particularly appealing for those looking to invest in rental properties or flip houses. With apartments also appreciating steadily, investors may consider this segment for long-term rental income, especially as the local population grows and creates more demand for diverse housing options.
Future Market Outlook
The outlook for the Camperville real estate market remains positive. As the population continues to grow at a robust rate, it is likely that both the demand and prices for housing will maintain an upward trajectory. Investors and homeowners can reasonably expect ongoing appreciation in property values—provided economic conditions remain stable—making Camperville a promising location for both residential living and real estate investment. However, potential fluctuations in interest rates or unforeseen economic events could affect these projections, and such factors should be closely monitored.