Dufresne, Manitoba Real Estate Market Data
Updated: Nov 2024
House
| Median price | $495,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 2.8% |
| Stock on market | 0.9% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $495,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $340,000 |
| 3 bedrooms | $440,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,100 |
| Occupied Private Dwellings | 5,600 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Dufresne, Manitoba, is currently experiencing moderate growth. With a median house price of $495,000, the market has seen a year-over-year increase of 2.8%. This steady rise points to a healthy demand for housing in the region. Similarly, the median apartment price stands at $295,000, following a 2.5% year-over-year growth trend. Such growth in property values suggests a stable market with consistent buyer interest.
In terms of demographic trends, Dufresne’s population has grown by 3.3%, indicating an expanding community that could further drive demand for housing. The influx of new residents may be attributed to Dufresne’s economic opportunities, quality of life, or its proximity to larger urban centers.
Investment Opportunities and Potential
Investors considering the Dufresne real estate market will find potential in both the residential housing and apartment sectors. The continuous upward trend in property values shows promise for capital gains over time. The current median prices suggest that there is room for growth, which could benefit long-term investors looking to build equity.
Dufresne’s growing population also presents opportunities for rental property investments. As the community expands, there will likely be an increased demand for rental units, which could lead to higher occupancy rates and potentially rising rental income for investors.
Future Market Outlook
The future outlook for the Dufresne real estate market appears cautiously optimistic. Given the current trends and population growth rate, it is reasonable to expect that property values will continue to rise at a measured pace. However, external economic factors such as interest rates, employment rates in Manitoba, and broader national economic trends could affect this outlook.
Assuming the local economy remains stable and continues to attract new residents, the real estate market in Dufresne should maintain its current trajectory. Investors and homebuyers alike are encouraged to monitor these trends closely and consider the long-term potential that this growing community offers.
