Gunton, 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 Gunton, Manitoba is currently experiencing a period of steady growth. The median house price stands at $500,000, which reflects a year-over-year increase of 3.5%. This suggests a healthy demand for single-family homes, likely driven by favorable economic conditions and a burgeoning local population. Meanwhile, the apartment sector is also showing positive momentum with the median price at $300,000 and witnessing a more modest annual appreciation rate of 2.1%. These trends indicate a balanced growth across different housing types in Gunton.
Investment Opportunities and Potential
Given the steady growth in housing prices and the robust population increase of 7.1%, Gunton presents several attractive investment opportunities. The consistent rise in property values suggests that investments in residential real estate are likely to benefit from capital appreciation over time. Furthermore, the significant population growth could signal a growing demand for rental properties, making both apartments and houses potentially lucrative for investors seeking rental income. With the current trends, early investments in this market may yield favorable returns as the demand for housing continues to rise along with population growth.
Future Market Outlook
The future outlook for Gunton’s real estate market appears optimistic. The combination of a strong population growth rate and consistent property value appreciation indicates sustained demand and potential for further increases in property prices. As long as economic conditions remain stable and the area continues to attract new residents, the market is expected to maintain its upward trajectory. Investors should consider both short-term gains through resale after value-add improvements and long-term rental income strategies to capitalize on Gunton’s growing market.
