Marysville, British Columbia Real Estate Market Data
Updated: Nov 2024
House
| Median price | $542,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 4.2% |
| Stock on market | 0.7% |
Apartment
| Median price | $312,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.4% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $465,000 |
| 3 bedrooms | $542,000 |
| 4 bedrooms | $640,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $460,000 |
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 in Marysville, BC
The real estate market in Marysville, British Columbia is experiencing steady growth. The median house price stands at $542,000, which represents a year-over-year increase of 4.2%. This suggests a healthy demand for single-family homes driven by factors such as the area’s appealing lifestyle and advantageous location.
In contrast, apartment prices are increasing at a more modest pace with the median price at $312,000 and a year-over-year growth of 2.4%. This slower rate of increase may indicate a well-supplied market segment or varying demand dynamics compared to the detached home market.
Marysville’s population has reached approximately 15,500 residents, reflecting a notable growth rate of 3.3%. The infusion of new residents may be contributing to the sustained demand for housing and could be a positive indicator for continued real estate market activity.
Investment Opportunities and Potential in Marysville, BC
The consistent appreciation in home values presents an attractive opportunity for real estate investors. With house prices growing at over 4% annually, long-term investments in residential properties could yield significant returns. The relatively lower entry point for apartments also offers an avenue for investors seeking more affordable investment options or those looking to cater to renters who prefer apartment living.
The ongoing population growth further bolsters the potential for real estate investments as it typically leads to increased rental demand. Investors could consider both traditional rental strategies or explore short-term vacation rentals given Marysville’s appeal to tourists and visitors.
Future Market Outlook for Marysville, BC
The future real estate market outlook for Marysville appears optimistic. Assuming the current trends persist—moderate population growth coupled with steady increases in property values—the market is likely to remain robust. However, investors should monitor economic indicators and regional developments that could influence future market conditions, such as changes in interest rates, employment trends, or housing policies.
Given the healthy increase in property values and population growth rates that outpace many other regions, Marysville is poised for continued expansion in its real estate sector. Prudent investors will keep an eye on these trends and demographic shifts as they plan their investment strategies going forward.
