Kemano, British Columbia 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 | $450,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $650,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $320,000 |
| 3 bedrooms | $420,000 |
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) | 6.0 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Kemano, British Columbia, is currently experiencing a steady growth in property values, with the median house price sitting at $500,000, marking a year-over-year increase of 3.5%. Similarly, the median apartment price has reached $300,000, with a slightly lower growth trend of 2.1% year-over-year. These figures indicate a healthy demand in the local housing market.
Kemano’s population has seen significant growth, with a 7.1% increase, bringing the total to approximately 15,000 residents. This demographic trend is contributing to the sustained demand for housing and underpins the positive trajectory in property values.
Investment Opportunities and Potential
The consistent rise in property prices coupled with substantial population growth positions Kemano as an attractive location for real estate investment. The higher increase in house prices compared to apartments may suggest that single-family homes are particularly in high demand, potentially offering a more lucrative return on investment for those considering purchasing such properties.
However, investors should also consider the appealing price point of apartments for both rental and resale markets. Given the more modest price appreciation of apartments, investors may find opportunities to enter the market at a lower cost with potential for long-term capital appreciation.
Future Market Outlook
Looking ahead, Kemano’s real estate market appears poised for continued growth. The robust population increase is likely to sustain housing demand, which could contribute to further property value appreciation. Moreover, if current economic conditions persist and interest rates remain favorable, the region can be expected to maintain its upward trajectory.
Prospective investors should monitor local developments that could impact future market conditions, such as infrastructure projects or changes in regional employment rates. Nevertheless, based on current data and trends, Kemano’s real estate market shows promising signs for both near-term stability and long-term investment potential.
