Linden, Manitoba Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 3.3% |
| Stock on market | 0.6% |
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 | $500,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $340,000 |
| 3 bedrooms | $440,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,500 |
| Population Change | 3.4% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,500 |
| Population Density (per km²) | 1.4 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Linden, Manitoba currently presents a stable growth environment. The median house price in this region stands at $500,000 with a positive trend of 3.3% year-over-year, indicating a steady appreciation in property values. Similarly, the median apartment price has been observed at $295,000, following an upward trajectory with a 2.5% increase year-over-year. These figures suggest that the housing market is experiencing a moderate but consistent rise in prices.
The population of Linden has reached 15,000 residents and is continuing to grow at a rate of 3.4%. This demographic expansion underpins the demand for housing, contributing to the aforementioned price trends and providing a robust foundation for the local real estate market’s health.
Investment Opportunities and Potential
From an investment perspective, Linden’s real estate landscape offers promising opportunities. The continuous increase in property values signals potential for capital gains over time. Investors considering entry into this market could benefit from both long-term equity growth and rental income streams.
Given the steady population growth, demand for rental properties may rise, potentially translating to higher occupancy rates and rental yields for investors. The more significant year-over-year increase in house prices compared to apartments suggests that single-family homes may present particularly attractive investment prospects.
Future Market Outlook
The future outlook for Linden’s real estate market remains optimistic. Population growth is likely to persist as economic factors and quality of life continue to attract new residents. In turn, this will sustain or possibly increase the demand for housing units.
If current trends hold, we can anticipate further gradual increases in property values across both houses and apartments. However, prospective buyers and investors should monitor economic indicators and be mindful of external factors such as interest rates and employment levels that could affect consumer purchasing power and impact the real estate market accordingly.
