Graysville, Manitoba Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.2% |
| Quarterly trend | 3.5% |
| Stock on market | 0.8% |
Apartment
| Median price | $300,000 |
| Monthly growth | 0.9% |
| Quarterly trend | 2.1% |
| Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $400,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $600,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $250,000 |
| 2 bedrooms | $350,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,000 |
| Population Change | 7.1% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,500 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Graysville, Manitoba is currently experiencing steady growth. With a median house price of $500,000 and an annual appreciation trend of 3.5%, the market indicates healthy demand and a strong investment environment for single-family homes. The median apartment price stands at $300,000, following a slower yet consistent year-over-year increase of 2.1%. This growth trajectory suggests a balanced market that benefits both buyers and sellers.
Investment Opportunities and Potential
Investment opportunities in Graysville are promising due to the locality’s population growth rate of 7.1%, which is significantly higher than the national average. This influx of residents is likely to drive demand for both rental and owner-occupied housing. The steady increase in property values suggests that investments made in the current climate will continue to appreciate. Single-family homes, given their higher appreciation rate, present particularly attractive opportunities for long-term investors seeking capital gains.
Future Market Outlook
Looking forward, the Graysville real estate market is poised for continued growth. Factors such as ongoing population expansion, coupled with reasonable year-over-year property price increases, indicate a sustainable upward trend. Barring any unforeseen economic disruptions, the market outlook for Graysville remains optimistic. Investors and homeowners can expect to see their property values grow in line with historical trends, which should maintain or potentially exceed current appreciation rates.
