Camperville, Manitoba Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.4% |
| Quarterly trend | 4.0% |
| Stock on market | 0.7% |
Apartment
| Median price | $315,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $650,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $470,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| 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 Camperville, Manitoba, is currently experiencing moderate growth. With a median house price of $525,000, which reflects a year-over-year increase of 4%, the market is showing signs of consistent upward momentum. The median apartment price stands at $315,000, with a slightly lower growth rate of 2.5% year-over-year.
These figures suggest that while the housing market remains robust, there is a slower pace of growth for apartments. This could be indicative of a stronger demand for single-family homes in the area. The population growth rate of 3.3% further supports the sustained demand for housing in Camperville.
Investment Opportunities and Potential
The steady increase in property values coupled with ongoing population growth presents an attractive opportunity for investors. Single-family homes, given their higher appreciation rate, may offer better long-term capital gains compared to apartments. Additionally, as the population continues to rise, rental properties are likely to be in high demand, potentially leading to favorable rental yields for investors.
With the current market conditions favoring sellers, investors might find opportunities by targeting properties that require renovation or by exploring emerging neighborhoods within Camperville where property prices have not yet peaked.
Future Market Outlook
Looking forward, the real estate market in Camperville appears poised for continued growth. The consistent population increase serves as a key indicator of robust demand for housing. If economic conditions remain stable and interest rates are favorable, we can expect both the median house and apartment prices to maintain their upward trajectory.
However, investors should also consider potential challenges such as economic fluctuations or policy changes that could impact interest rates and borrowing costs. Nevertheless, with careful analysis and strategic investments targeting areas with high growth potential, the Camperville real estate market offers promising prospects for both short-term and long-term investment returns.
