Moosehorn, Manitoba Real Estate Market Data
Updated: Nov 2024
House
Median price | $500,000 |
Monthly growth | 1.2% |
Quarterly trend | 3.5% |
Stock on market | 0.8% |
Apartment
Median price | $300,000 |
Monthly growth | 0.9% |
Quarterly trend | 2.1% |
Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
Bedrooms | Median Price |
---|---|
2 bedrooms | $400,000 |
3 bedrooms | $500,000 |
4 bedrooms | $600,000 |
Apartments
Bedrooms | Median Price |
---|---|
1 bedrooms | $250,000 |
2 bedrooms | $350,000 |
3 bedrooms | $450,000 |
Demographics
Current Population (2025) | 15,000 |
Previous Population (2020) | 14,000 |
Population Change | 7.1% |
Total Private Dwellings | 6,000 |
Occupied Private Dwellings | 5,500 |
Population Density (per km²) | 1.5 |
Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Moosehorn, Manitoba currently presents a steady growth pattern, as evidenced by the key statistics. The median house price stands at $500,000, with a year-over-year increase of 3.5%. This trend points to a healthy demand for single-family homes and reflects an overall positive sentiment in the housing segment. In contrast, apartments are more modestly priced at a median of $300,000, showing a slower yet consistent appreciation rate of 2.1% over the past year.
The local population has experienced significant growth at a rate of 7.1%, which is substantially higher than the national average. This demographic change is likely fuelling housing demands and can be attributed to both natural growth and migration, possibly because of employment opportunities or the appeal of smaller-town living.
Investment Opportunities and Potential
Moosehorn’s real estate market offers interesting investment opportunities. The steady increase in property values suggests that there is room for capital appreciation in both the short and long term. Investors looking at single-family homes could leverage the stronger growth trend in this segment for potential flips or long-term rental strategies.
Apartments present an alternative investment opportunity with a more accessible entry point at $300,000. Given the population growth, rental demand is likely to remain strong, providing investors with a stable rental income stream. There may also be potential for development projects aimed at accommodating the increasing population, particularly if future trends suggest continued or accelerated growth.
Future Market Outlook
The future outlook for Moosehorn’s real estate market appears promising. Population growth remains a critical driver for housing demand and will likely continue to support property value appreciation. The consistently positive trends in house and apartment prices indicate a stable market that might attract both homeowners looking to settle in an expanding community and investors seeking assets with growth potential.
However, investors should monitor external economic factors such as interest rates, employment rates within the region, and any changes in government policies affecting real estate to assess their potential impact on Moosehorn’s market dynamics.
In summary, Moosehorn presents an attractive market with healthy indicators for both living and investing purposes. Its current trajectory suggests continued growth, though as always in real estate investment, due diligence and awareness of broader economic factors are essential.