Marlboro, Alberta Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 3.8% |
| Stock on market | 0.7% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.1% |
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 | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,600.0 |
Market Analysis
1. Current Market Conditions and Trends
The real estate market in Marlboro, Alberta currently presents a stable environment with healthy growth indicators. The median house price in the area is $485,000, showing a steady year-over-year increase of 3.8%. This suggests that Marlboro is experiencing a consistent appreciation in property values which may be reflective of strong local demand and a robust economic climate.
In the apartment sector, the median price stands at $295,000, with a slightly lower growth rate of 2.5% year-over-year when compared to houses. This difference indicates a more moderate but still positive trajectory for apartment values in the region.
The population of Marlboro has reached approximately 15,200 residents, with a significant growth rate of 4.8%, signaling an influx of new residents and potential for an expanding customer base for local businesses. The combination of population growth and housing price trends indicates active market conditions likely driven by both local factors and broader provincial economic influences.
2. Investment Opportunities and Potential
The consistent rise in property values coupled with the substantial population increase positions Marlboro as an attractive locale for real estate investment opportunities. Investors should take note of the ongoing upward trend in house prices, which could translate into solid capital gains over time.
The demand for housing options due to population growth may drive future development projects or create opportunities for rental market investments as newcomers seek accommodation. Moreover, the slower pace of price increases in apartments may present entry points for investors looking to capitalize on potential rental yield while benefiting from gradual asset appreciation.
3. Future Market Outlook
The future market outlook for Marlboro appears optimistic based on current trends and data analysis. Given the steady escalation in house prices and a strong population growth rate, it is reasonable to anticipate continued demand for housing that could sustain or potentially increase current price growth rates.
An important factor to consider will be the community’s ability to accommodate growth through infrastructure development and services expansion without compromising quality of life – this balance will be key to maintaining Marlboro’s attractiveness as a residential destination.
Economic drivers such as employment rates, regional investment initiatives, and interest rates will also play critical roles in shaping the market’s trajectory. Should these factors remain favorable, Marlboro’s real estate market could experience sustained growth, offering promising prospects for both homeowners and investors alike.
