Entwistle, Alberta Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 4.0% |
| Stock on market | 0.6% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 1.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $585,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $340,000 |
| 3 bedrooms | $440,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 14,800 |
| Population Change | 2.7% |
| 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
The real estate market in Entwistle, Alberta, is currently experiencing a period of moderate growth. The median house price stands at $485,000, with a year-over-year increase of 4%. This indicates a healthy demand for residential properties and signals a seller’s market. Meanwhile, the median apartment price is currently $295,000, showing a more modest increase of 1.5% year-over-year.
The population of Entwistle has grown to 15,200, with a growth rate of 2.7%. This demographic trend suggests an increasing demand for housing. The local economy’s health and the rising population are likely contributing to the steady growth in property values.
Investment Opportunities and Potential
Given the ongoing rise in property prices and the steady population growth, Entwistle presents several attractive opportunities for real estate investors. The consistent growth in house prices at 4% year-over-year indicates that investments in detached homes could yield significant returns in the medium to long term. Similarly, apartments show potential for investment, albeit with a lower appreciation rate of 1.5% year-over-year.
In addition to residential real estate, the growing population may lead to increased demand for rental properties, making buy-to-let investments potentially lucrative. Investors should also consider emerging neighborhoods and developments that could benefit from future infrastructure projects or commercial expansion.
Future Market Outlook
The future outlook for Entwistle’s real estate market remains positive. The current trends and demographic data suggest continued growth in property values over the foreseeable future. Assuming that economic conditions remain stable and the population continues its upward trajectory, both residential and rental markets should maintain their momentum.
However, investors should monitor factors such as interest rates, employment rates, and regional economic developments that could impact housing affordability and market demand. Vigilance in these areas will help anticipate any shifts that might affect the market’s trajectory.
