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Hilda, 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





Hilda, Alberta Real Estate Market Analysis

Current Market Conditions and Trends

The real estate market in Hilda, Alberta, is currently experiencing a period of steady growth. With a median house price of $500,000 and an annual appreciation trend of 3.5%, the housing market shows healthy upward momentum. This trend suggests a stable environment for homeowners and potential investors alike.

Apartments in Hilda are also seeing a positive trajectory with a median price point of $300,000 and a year-over-year price increase of 2.1%. This more modest growth rate compared to houses indicates a potentially wider market appeal for first-time homebuyers and those looking for more affordable housing options.

The population of Hilda has grown by 7.1% to reach 15,000 residents, which likely contributes to the increasing demand for housing in the area. The concurrent rise in real estate values alongside population growth points towards an active and robust market.

Investment Opportunities and Potential

Given the consistent growth in property values, investing in Hilda’s real estate market holds promise. The solid year-over-year increases in both house and apartment prices reflect a market that is ripe for investment opportunities. Investors could expect continued appreciation in property values based on current trends, which may yield favorable returns over time.

The town’s increasing population suggests that rental properties could also be a viable investment strategy. As the local population grows, so does the need for rental accommodations, potentially leading to low vacancy rates and stable rental income for property owners.

Furthermore, with houses showing a higher growth rate than apartments, single-family homes might offer better long-term capital gains whereas apartments could be more accessible entry points into the real estate market or offer opportunities for cash flow-focused investments.

Future Market Outlook

The future outlook of Hilda’s real estate market appears optimistic. The ongoing population growth is expected to sustain demand for housing. If this demographic trend continues alongside economic stability in the region, it’s reasonable to anticipate continued growth in property values.

It is also important to monitor external economic factors such as interest rates, employment rates, and regional economic development initiatives, as these can have significant impacts on local real estate trends.

In conclusion, while present data indicates positive signs for Hilda’s real estate market, both buyers and investors should stay informed about broader economic indicators to make well-rounded decisions. With careful analysis and attention to detail, stakeholders can navigate the Hilda real estate landscape confidently.