Hartney, 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 Hartney, Manitoba remains robust, with a steady increase in housing prices indicative of healthy demand. The median house price currently stands at $500,000, reflecting a year-over-year growth of 3.5%. This consistent appreciation trend is a positive sign for homeowners and investors alike. Meanwhile, the apartment sector is also experiencing growth, albeit at a slower pace, with a median price of $300,000 and a 2.1% increase over the past year. The continued upward trajectory in both housing segments suggests consumer confidence and a competitive market environment.
Investment Opportunities and Potential
In terms of investment opportunities, Hartney offers potential for both residential property investors and those looking to capitalize on rental markets. Given the steady rise in property values, purchasing single-family homes or apartments can be considered a sound investment. Rental properties may also be an attractive option due to the town’s population growth of 7.1%, which may increase demand for rental units. Investors should conduct thorough market research to identify specific areas within Hartney that offer the best potential for capital gains or rental yield.
Future Market Outlook
The future market outlook for Hartney’s real estate seems promising. The combination of solid population growth and consistent property value appreciation suggests that the demand for housing will remain strong. As long as these trends continue, investors and homeowners can expect ongoing opportunities for value appreciation. However, it’s important to stay informed about local economic drivers that could affect the housing market’s trajectory. Monitoring factors such as employment rates, new infrastructure developments, and interest rate changes will be crucial for anyone looking to participate in the Hartney real estate market.
