Headingley, 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 Headingley, Manitoba, exhibits a stable growth pattern. The median house price is currently at $500,000, demonstrating a healthy year-over-year increase of 3.5%. This indicates a steady demand for single-family homes within the community. Similarly, the median apartment price stands at $300,000, with a modest year-over-year appreciation of 2.1%. These trends reflect a consistent upward trajectory in property values across different housing types.
The growing population of Headingley, now reaching approximately 15,000 residents, has led to an increase in housing demand. The population growth rate of 7.1% significantly outpaces many other regions, potentially putting upward pressure on both home prices and rental rates in the near future.
Investment Opportunities and Potential
Investment opportunities within Headingley are promising due to the town’s expanding population and subsequent demand for housing. The stable increase in property values provides a positive environment for investors seeking long-term capital gains. Single-family homes, given their higher year-over-year price increase, present notable potential for equity growth.
The apartment sector offers a different kind of opportunity: with a lower entry price point and steady appreciation, investors can cater to those looking for more affordable housing options or rental accommodations. As the population continues to grow, demand for rental properties may increase, which could lead to higher rental yields over time.
Future Market Outlook
The future market outlook for Headingley remains optimistic. The ongoing population growth is likely to continue fueling demand for both ownership and rental properties. If current trends persist—moderate but steady appreciation—the real estate market should maintain its health without showing signs of overheating.
Investors and homeowners can likely expect a continuation of the current growth rate in property values. However, it is important to monitor economic indicators and local developments that could influence the market dynamics, such as changes in interest rates, employment rates, and infrastructure projects specific to Headingley and the greater Manitoba region.
In conclusion, Headingley offers a stable investment environment with room for growth. Both residential purchasers and real estate investors are positioned well to benefit from the town’s robust market conditions if they focus on strategic property selections aligned with broader market trends.
