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
As of the latest data, the real estate market in Moosehorn, Manitoba is experiencing a period of steady growth. The median house price stands at $500,000, which represents a year-over-year increase of 3.5%. This indicates a healthy upswing in property values, likely driven by favorable economic conditions and local demand.
Similarly, the apartment sector is also showing positive momentum with the median apartment price at $300,000 and a growth trend of 2.1% over the past year. This suggests that smaller residential units are also in demand, possibly due to demographic shifts or the entry of more first-time buyers into the market.
The population of Moosehorn has reached approximately 15,000 residents, with a robust growth rate of 7.1%. Such demographic expansion can be a key driver behind the rising demand for housing in the area.
Investment Opportunities and Potential
In terms of investment opportunities, Moosehorn’s real estate market presents promising potential. The consistent appreciation in house prices indicates that investing in residential properties could yield solid returns over time. Furthermore, with a strong population growth, there is likely to be an ongoing need for housing, which may help sustain property values.
For investors looking at rental properties or developments, the growing apartment market may represent an attractive option. The increasing median price points to a potentially undersupplied market where new or existing rental units could command premium rates.
Future Market Outlook
The future outlook for Moosehorn’s real estate market appears optimistic. Given the steady increase in property values and robust population growth, it is reasonable to anticipate continued demand for housing. If current economic and demographic trends persist, it is likely that both house and apartment markets will maintain their upward trajectory.
However, investors should remain aware of national economic factors such as interest rates and employment levels that could influence buyer affordability and overall market conditions. Keeping abreast of both local and broader economic indicators will be crucial for making informed investment decisions in Moosehorn’s evolving real estate landscape.
