Jenner, 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 Jenner, Alberta
In Jenner, Alberta, the real estate market is currently experiencing a steady increase in property values. The median house price stands at $500,000, which reflects a year-over-year growth of 3.5%. This indicates a stable and moderately appreciating housing market, likely driven by demand that outpaces the current supply.
The apartment sector is similarly witnessing growth, albeit at a slightly slower pace of 2.1% year-over-year, with the median apartment price reaching $300,000. This difference in growth rates may suggest that houses are in higher demand compared to apartments or that there is a preference for more spacious living accommodations among the local population.
With a population of 15,000 and a robust population growth of 7.1%, Jenner’s real estate market is further bolstered by an influx of new residents, which is likely contributing to the steady price increases as demand for housing strengthens.
Investment Opportunities and Potential in Jenner, Alberta
The positive trends in Jenner’s real estate market offer attractive opportunities for investors. The consistent appreciation in house prices indicates that investments in residential properties have the potential to yield profitable returns over time. The ongoing population growth also suggests that there will be a sustained demand for housing, making long-term investments particularly appealing.
Given the slower growth rate in apartment prices compared to houses, investors might find value in targeting the apartment sector for potential higher yields if this segment catches up with broader market trends. Additionally, new development projects could meet the growing housing demand and benefit from Jenner’s expanding population base.
Future Market Outlook for Jenner, Alberta
The future outlook for Jenner’s real estate market looks promising. Considering the strong population growth coupled with consistent property value appreciation, it is reasonable to anticipate continued demand for housing. If economic conditions remain favorable and infrastructure development keeps pace with population growth, both housing prices and rental rates may continue to rise.
In light of these factors, it is important for investors and potential homebuyers to monitor local policy changes or economic shifts that could impact the market dynamics. However, based on current trends and data, Jenner’s real estate market appears poised for ongoing growth and remains an attractive area for investment.
