Linden, Manitoba Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 3.3% |
| Stock on market | 0.9% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $580,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $330,000 |
| 3 bedrooms | $420,000 |
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
In Linden, Manitoba, the real estate market is currently experiencing steady growth. The median house price stands at $485,000, reflecting a year-over-year increase of 3.3%. This suggests a healthy demand for single-family homes in the region. On the other hand, the median apartment price is $295,000, with a slightly lower year-over-year growth of 2.5%. The diversity in housing price trends indicates a more moderate appreciation rate in the apartment sector compared to houses.
The population of Linden has reached 15,200 residents, boasting a robust growth rate of 4.8%. This demographic expansion is fueling housing demand and is a pivotal factor contributing to the market’s overall bullish trend.
Investment Opportunities and Potential
The consistent rise in property values presents a compelling opportunity for investors looking to capitalize on Linden’s growing real estate market. Single-family homes, with their higher appreciation rate, are particularly attractive for long-term investments. The burgeoning population also suggests that rental properties could offer stable income potential due to increasing demand.
Apartments offer an alternative investment route with a relatively lower entry point in terms of price. Although the appreciation rate for apartments trails behind that of houses, they may represent an opportunity for investors targeting more affordable segments or those seeking to diversify their portfolios with various property types.
Future Market Outlook
The future outlook for Linden’s real estate market appears optimistic. Given the solid population growth and sustained property value appreciation, it is reasonable to project that these trends will continue in the near term. The local economy’s health and any potential infrastructural developments could further bolster property values and attract new residents.
Investors and homebuyers should monitor economic indicators such as employment rates, income levels, and any government policies affecting homeownership to inform their decisions. As always, due diligence and local market research are indispensable when considering real estate investments.
