Lindbergh, 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 Lindbergh, Alberta, the real estate market is currently experiencing moderate growth. The median house price in the region stands at $500,000, showing a healthy year-over-year increase of 3.5%. This indicates a steady demand for housing in the area. Similarly, the apartment sector is also on an upward trend with a median price of $300,000, which has risen by 2.1% from the previous year. These trends reflect a stable market that is attractive to both homeowners and investors.
Investment Opportunities and Potential
The investment potential in Lindbergh’s real estate market is promising, thanks to its consistent growth patterns and demographic expansion. With a population of 15,000 that has grown by an impressive 7.1%, there is an increasing demand for housing that can drive property values up over time. Investors looking to enter the market can expect capital appreciation, particularly in the single-family home segment where growth exceeds that of apartments.
The rental market is also likely to benefit from population growth as new residents may look for temporary housing solutions before purchasing homes. This scenario presents an opportunity for investors to acquire rental properties that could yield attractive returns on investment through steady rental income and property value increases.
Future Market Outlook
The future outlook for Lindbergh’s real estate market appears positive. Given the solid population growth rate and consistent increase in housing prices, it is reasonable to anticipate continued demand for residential properties. If current economic conditions persist and no significant disruptions occur, both sectors (houses and apartments) are poised for sustained growth.
Favorable market conditions coupled with ongoing population inflows suggest that Lindbergh could maintain its trajectory as an appealing destination for families and individuals alike. This bodes well for long-term investment stability and potential wealth generation through real estate in this vibrant Albertan community.