Eden, Manitoba Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.7% |
Apartment
| Median price | $315,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $470,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,500 |
| Population Change | 3.4% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.2 |
| Land Area (km²) | 2,500.5 |
Market Analysis
1. Current Market Conditions and Trends
In Eden, Manitoba, the real estate market has been experiencing a steady growth with the median house price currently standing at $500,000, reflecting a year-over-year increase of 4%. This indicates a healthy demand for housing in the area, likely driven by the town’s growing population, which has seen a significant rise of 3.4%. The median apartment price is currently at $315,000, with a slower yet consistent growth trend of 2.5% year-over-year.
The upward movement in property values suggests that Eden is attracting interest from both homeowners and investors alike. The robust growth in the residential sector is supported by the town’s expanding population and economic opportunities, making it an attractive location for individuals and families seeking to settle in a growing community.
2. Investment Opportunities and Potential
The real estate market in Eden presents promising investment opportunities, particularly in the residential segment. With houses appreciating at a faster rate than apartments, investing in standalone homes could yield higher returns over time. The current trends indicate that properties are gaining value steadily, which bodes well for long-term capital gains.
Investors may also consider exploring the rental market given the population growth. An increasing population often leads to higher demand for rental properties, which can translate into stable rental income streams for property owners. Additionally, new developments and infrastructure projects could further enhance property values and attract new residents to Eden.
3. Future Market Outlook
The future outlook of Eden’s real estate market remains positive based on current trends and demographic indicators. Continued population growth is expected to drive demand for both housing purchases and rentals. Assuming that economic conditions remain favorable and no significant external shocks occur, property values are likely to keep rising at a moderate pace.
The key factors to watch include local employment rates, infrastructure development, and overall economic health. Should these factors maintain their positive trajectory, Eden’s real estate market could provide sustained opportunities for both homeowners looking to build equity and investors seeking profitable ventures.
