Keeseekoowenin, Manitoba Real Estate Market Data
Updated: Nov 2024
House
| Median price | $512,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.6% |
Apartment
| Median price | $295,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $440,000 |
| 3 bedrooms | $512,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $345,000 |
| 3 bedrooms | $460,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
In Keeseekoowenin, Manitoba, the real estate market is showing consistent growth. The median house price stands at $512,000, reflecting a year-over-year increase of 4%. This indicates a steady demand for housing in the area. Meanwhile, apartments are also experiencing appreciation with the median price set at $295,000, which has climbed by 2.5% from the previous year.
The population of Keeseekoowenin has reached 15,500 residents, growing at a rate of 3.3%. This demographic expansion is likely contributing to the sustained demand for housing and may be a driving factor behind the consistent rise in property values.
Investment Opportunities and Potential
The positive trends in Keeseekoowenin’s real estate market suggest that there are lucrative opportunities for investors. The steady increase in house prices indicates a robust market where investment properties have the potential to appreciate. Moreover, the solid growth in apartment prices could attract investors looking to enter the rental market or diversify their portfolio with multifamily units.
The ongoing population growth further bolsters the case for investment as it implies a growing need for residential properties. With both rental and purchase markets expanding, investors could benefit from both capital appreciation and rental income.
Future Market Outlook
Looking ahead, Keeseekoowenin’s real estate market appears poised for continued growth. The consistent upward trend in property values, combined with healthy population increases, suggests that demand for housing will remain strong. If current economic conditions persist and the local job market remains stable or improves, we can expect this region to maintain its appeal to both residents and investors alike.
However, prospective buyers and investors should monitor local developments closely. Factors such as changes in interest rates, economic policy adjustments, or significant shifts in employment opportunities could influence future market dynamics.
