Debolt, Alberta Real Estate Market Data
Updated: Nov 2024
House
| Median price | $495,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 3.2% |
| Stock on market | 0.9% |
Apartment
| Median price | $310,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $495,000 |
| 4 bedrooms | $580,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $340,000 |
| 3 bedrooms | $460,000 |
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 in Debolt, Alberta
The real estate market in Debolt, Alberta, is currently characterized by moderate yet steady growth. The median house price stands at $495,000, which reflects a year-over-year increase of 3.2%. This indicates a healthy demand for housing and a robust market that has remained resilient. Similarly, the median apartment price is $310,000, climbing at a slightly lower rate of 2.5% year-over-year. These figures suggest a stable appreciation in property values across different segments of the housing market.
Debolt’s population growth rate of 3.3% further bolsters these trends, as a growing population often leads to increased demand for housing. With a current population of 15,500, the town is experiencing an influx of new residents, which may be contributing to the steady climb in property values.
Investment Opportunities and Potential in Debolt, Alberta
In light of the current market conditions, Debolt presents potential investment opportunities for both residential and rental properties. The consistent growth in house prices suggests that purchasing residential property now could lead to capital gains in the future as the market continues to rise. Likewise, with apartments experiencing a positive trend in value and considering the population increase, investing in multi-family dwellings could offer stable rental income and long-term appreciation potential.
Given the town’s ongoing development and population growth, investors might also look into new construction projects or undeveloped land as strategic long-term investments. As the local economy expands and infrastructure develops to support the growing community, such investments could yield significant returns.
Future Market Outlook for Debolt, Alberta
The future market outlook for Debolt remains optimistic based on current data and demographic trends. With steady increases in property values and continuous population growth, it is reasonable to anticipate ongoing demand for housing. Should these trends persist, investors can expect further appreciation in property values over time.
However, like all markets, external economic factors such as interest rates, employment rates within the region, and broader provincial economic health can influence future outcomes. Monitoring these variables closely will be essential for anyone looking to invest or participate in the Debolt real estate market.
In conclusion, while past performance is not necessarily indicative of future results, Debolt’s real estate market has demonstrated resilience and growth that position it favorably for potential investors and homebuyers seeking opportunities in Alberta’s vibrant housing landscape.
