Deleau, 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
The real estate market in Deleau, Manitoba is currently experiencing a period of steady growth. The median house price stands at $500,000, which indicates a healthy year-over-year increase of 3.5%. This rise suggests a consistent demand for housing in the area, reflecting an active market. Similarly, the median apartment price is $300,000 with a slightly lower growth rate of 2.1% year-over-year. This difference in growth rates between houses and apartments could signify a stronger preference for single-family homes in the region.
Investment Opportunities and Potential
The positive trends in housing prices combined with the significant population growth of 7.1% present appealing investment opportunities in Deleau’s real estate market. Investors may find potential in purchasing residential properties to cater to the increasing population which currently stands at 15,000. With both housing types appreciating in value, but at different rates, investors have the option to target the segment that aligns best with their investment strategy—be it single-family homes or apartment units.
Future Market Outlook
The future outlook for Deleau’s real estate market remains optimistic. Given the solid house price trend and rising population numbers, it is reasonable to anticipate continued demand for housing. The ongoing development and potential infrastructure improvements accompanying population growth could further enhance property values. However, investors should remain aware of broader economic conditions and local developments that could impact these trends.
