Dickson, Alberta Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.2% |
| Stock on market | 0.6% |
Apartment
| Median price | $295,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $590,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $340,000 |
| 3 bedrooms | $420,000 |
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 Dickson, Alberta is experiencing a period of moderate growth. With the median house price currently standing at $485,000 and exhibiting a year-over-year increase of 4.2%, the market is showing healthy upward momentum. Similarly, the apartment sector is also seeing growth with a current median price of $295,000 and a trend of 2.5% increase over the past year. These statistics indicate a stable market with consistent demand for residential properties.
Investment Opportunities and Potential
Investment opportunities in Dickson are promising due to the steady price appreciation in both housing and apartment markets. The ongoing population growth of 3.3% is likely to sustain demand for housing, making long-term investments particularly attractive. Investors looking to capitalize on rental income or property value appreciation will find Dickson’s growing economy supportive of their goals. Moreover, the gap between house and apartment prices suggests a potential market for those seeking to invest in more affordable, yet appreciating, apartment units.
Future Market Outlook
The future market outlook for Dickson remains optimistic based on current trends and demographic factors. The persistent population growth should continue to fuel demand for housing across various sectors within the market. Assuming no major economic disruptions occur, the real estate market in Dickson is expected to maintain its growth trajectory. Both residential and investment buyers can remain confident in the stability and potential for continued appreciation in property values over the coming years.
