Pulberry, Manitoba Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.8% |
| Stock on market | 0.6% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.7% |
| Quarterly trend | 1.9% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $425,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $575,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $325,000 |
| 3 bedrooms | $400,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 14,500 |
| Population Change | 4.8% |
| Total Private Dwellings | 6,100 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Pulberry, Manitoba is currently experiencing moderate growth. The median house price stands at $485,000, which reflects a year-over-year increase of 2.8%. This trend indicates a healthy demand for housing in the area, suggesting that the market is stable and growing at a sustainable pace. Similarly, the median apartment price has seen an uptick to $295,000, with a year-over-year growth of 1.9%. This slower growth rate compared to houses may suggest that apartments are a more accessible entry point for new buyers in the Pulberry real estate market.
Investment Opportunities and Potential
The ongoing population growth in Pulberry, currently at 4.8%, is likely to continue driving demand for housing. With a population now standing at 15,200, there is potential for both residential and rental property investments to yield positive returns. Investors should consider the steady increase in property values as indicative of Pulberry’s potential for long-term investment gains. Given the current trends, properties such as single-family homes, which are experiencing higher price appreciation, might offer better capital gains prospects, while apartments could provide more affordable investment opportunities with potential for rental income.
Future Market Outlook
The future outlook of the Pulberry real estate market appears promising. The consistent population growth suggests an increasing demand that could sustain property value appreciation over time. If current trends persist, investors and homeowners can expect continued moderate growth in property values. However, it’s important to monitor local economic factors and development initiatives that may affect these trends. Should Pulberry attract further business investments or infrastructure improvements, the real estate market could experience an accelerated growth rate beyond current projections.
