Eden, Manitoba Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 2.9% |
| Stock on market | 0.6% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 1.7% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $575,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $330,000 |
| 3 bedrooms | $420,000 |
Demographics
| Current Population (2025) | 15,300 |
| Previous Population (2020) | 15,000 |
| Population Change | 2.0% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,800 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
As of the latest data collection, Eden, Manitoba’s real estate market is showing a steady increase in property values. The median house price in the area currently stands at $485,000, reflecting a year-over-year growth of 2.9%. This moderate appreciation trend suggests a healthy demand for single-family homes, which may be driven by both local buyers and external investors seeking stable markets.
The market for apartments also exhibits growth, albeit at a slower pace, with the median apartment price reaching $295,000 and observing a 1.7% increase over the past year. The trends indicate that Eden’s real estate market is moving towards balanced conditions where supply meets demand in both housing segments.
Investment Opportunities and Potential
Investors considering entry into Eden’s real estate market can find potential in both residential houses and apartment complexes. Given the consistent upward trajectory of property values, long-term investment strategies could yield significant capital gains. Additionally, rental properties might offer sustainable income streams due to Eden’s growing population, which has recently seen a 2% increase.
The stable growth in property values coupled with the population uptick suggests that both rental demand and property valuation are likely to continue their upward trends. This presents an opportunity for investors to capitalize on both rental yields and long-term asset appreciation.
Future Market Outlook
The future outlook for Eden’s real estate market remains positive. The consistent population growth rate of 2% indicates an ongoing demand for housing which is expected to support property prices. While current trends show modest increases in values across housing types, the underlying fundamentals of growth suggest that Eden will maintain its trajectory of steady appreciation.
The local economy and demographic factors will play crucial roles in shaping the real estate landscape. If these indicators remain strong, potential investors could enjoy robust returns on investment over the coming years. Close monitoring of economic drivers such as employment rates and infrastructure developments will be essential in forecasting future market performance accurately.
