Heisler, Alberta 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
In Heisler, Alberta, the real estate market is currently experiencing steady growth. The median house price stands at $500,000, which marks a year-over-year increase of 3.5%. This indicates a stable market with moderate appreciation in home values. Similarly, the apartment sector has shown resilience with a median price of $300,000 and a growth trend of 2.1% over the same period. These positive trends are underpinned by the area’s population growth of 7.1%, suggesting a rising demand for housing in Heisler.
Investment Opportunities and Potential
The consistent growth in median house and apartment prices presents promising investment opportunities in Heisler. For investors looking at long-term capital gains, the housing market offers reliable prospects with its above-average population growth driving demand. Moreover, the steady appreciation rate in property values signifies potential for sustainable returns on investment without the volatility observed in some larger markets.
Future Market Outlook
Looking forward, the future market outlook for Heisler is optimistic based on current trends and demographic indicators. The robust population increase suggests an ongoing need for housing, which may continue to push property values upward. Assuming no major economic disruptions, both the housing and apartment markets are expected to maintain their growth trajectories. Investors and homebuyers can look towards Heisler as an area with both stability and potential for real estate investment.