Kameyosek, Alberta Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 3.2% |
| Stock on market | 0.9% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $590,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $340,000 |
| 3 bedrooms | $440,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 14,500 |
| Population Change | 4.8% |
| Total Private Dwellings | 6,100 |
| Occupied Private Dwellings | 5,600 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Kameyosek, Alberta is currently exhibiting signs of steady growth. The median house price stands at $485,000, reflecting a year-over-year increase of 3.2%. This indicates a healthy upward trend in property values, suggesting that the housing market is stable with a moderate level of demand.
Similarly, the median apartment price is currently $295,000, with a slightly lower year-over-year growth rate of 2.5%. This slower rate of increase may point to a more balanced market for apartments, where supply meets demand adequately.
The population in Kameyosek has grown to 15,200 residents, showing a substantial population growth rate of 4.8%. This demographic expansion can be a contributing factor to the increased demand for housing in the area.
Investment Opportunities and Potential
The sustained growth in property values coupled with the significant population increase suggests that Kameyosek presents viable investment opportunities. Housing appears to be a sound investment choice as the consistent appreciation indicates potential for capital gains over time.
Apartments offer a slightly different value proposition, with more modest appreciation rates potentially appealing to investors seeking stable rental income streams rather than high capital growth. The growing population also suggests an ongoing or increasing demand for rental properties, which could benefit landlords and real estate investors focusing on rental units.
Future Market Outlook
Looking forward, the future market outlook for Kameyosek is positive. The steady increase in median property prices reflects underlying strength in the local real estate market. If current trends continue, both housing and apartment markets are expected to maintain their gradual appreciation trajectory.
The robust population growth serves as an additional indicator of potential future demand for housing in the region. As long as economic conditions remain favorable and the area continues to attract new residents, the real estate market in Kameyosek is likely to remain buoyant. Investors should keep an eye on economic drivers, such as employment rates and infrastructure development, which may further influence the market’s direction.
