Linden, Alberta Real Estate Market Data
Updated: Nov 2024
House
| Median price | $495,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 3.2% |
| Stock on market | 0.7% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 1.9% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $380,000 |
| 3 bedrooms | $495,000 |
| 4 bedrooms | $610,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $340,000 |
| 3 bedrooms | $450,000 |
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
The real estate market in Linden, Alberta, is currently characterized by a steady growth in property values. The median house price stands at $495,000, which reflects a year-over-year increase of 3.2%. This suggests a healthy demand for houses in the area, likely driven by factors such as local economic stability and lifestyle preferences. Similarly, the apartment sector shows a positive trend with the median price at $295,000, growing at a slightly more modest rate of 1.9% year-over-year. These trends may be partly attributed to the town’s population growth of 3.3%, indicating an influx of new residents and potential homebuyers to Linden.
Investment Opportunities and Potential
In terms of investment opportunities, Linden offers promising potential for both residential and rental properties. The consistent rise in house prices indicates that purchasing real estate could yield capital gains over time. Given the town’s growing population—currently at 15,500 residents—there is an increasing demand for housing which investors can capitalize on. For those looking into the rental market, the relatively lower price point of apartments coupled with their steady appreciation rate suggests a potentially strong return on investment through rental income and long-term asset value growth.
Future Market Outlook
The future outlook for Linden’s real estate market appears optimistic. Population growth is a key driver of housing demand and with an annual increase of 3.3%, the need for both ownership and rental properties is expected to rise. If current trends persist, investors and homeowners can anticipate continued appreciation in property values. However, it’s important to stay informed about local economic developments and infrastructure investments as these factors can significantly influence future market conditions.
