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 currently presents a stable growth environment. With a median house price of $500,000 and experiencing a year-over-year increase of 3.5%, the market is performing steadily compared to national averages. The apartment sector shows similar positive trends, with a median price standing at $300,000 and growing at a slightly lower rate of 2.1% year-over-year.
The population of Deleau has reached 15,000 and is on an upward trajectory with a significant growth rate of 7.1%. This demographic expansion is indicative of an increasing demand for housing in the area, which in turn sustains property value appreciation.
Investment Opportunities and Potential
The steady increase in both house and apartment prices suggests that Deleau’s real estate market offers promising investment opportunities. The growth rates indicate that investments are likely to benefit from capital appreciation over time. Moreover, the robust population growth not only supports the potential for long-term property value increases but also implies a rising demand for rental properties, which could be advantageous for investors seeking income through real estate.
Additionally, the consistent year-over-year price increases across housing types indicate a balanced market where both residential buyers and investors can find opportunities without the volatility seen in more fluctuating markets.
Future Market Outlook
The future outlook for Deleau’s real estate market remains optimistic based on current trends. The sustained population growth will likely continue to drive demand for housing, supporting further property value appreciation. The increment in housing prices is expected to maintain its current trajectory as long as the local economy remains robust and the influx of new residents persists.
Investors should monitor key factors such as interest rates, employment levels, and regional economic development initiatives that can influence market dynamics. However, given the present data, Deleau seems poised for continued steady growth in its real estate sector.
