Roseisle, 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 Roseisle, Manitoba is experiencing steady growth. The median house price currently stands at $500,000, with a year-over-year increase of 3.5%. This growth rate indicates a stable and growing housing market that is keeping pace with inflationary trends, without showing signs of an overheated market.
In the apartment sector, the median price is set at $300,000 with a slower year-over-year growth rate of 2.1%. This suggests that while apartments are appreciating in value, they are doing so at a more moderate pace compared to houses. This differentiation in growth rates could be indicative of a larger demand for single-family homes over apartments or potentially a greater supply of apartments available on the market.
Roseisle’s population has grown to 15,000 residents, marking a significant increase of 7.1% in population growth. This notable rise in residents can have multiple effects on the real estate market including increased demand for housing and upward pressure on property values over time.
Investment Opportunities and Potential
The current trends suggest that investing in Roseisle’s real estate holds promise. With the population on the rise, which often leads to increased demand for housing, both rental and ownership markets may benefit investors. The steady increase in house prices provides an opportunity for capital appreciation for those looking to invest in single-family homes.
Apartments present a different investment profile with their more modest appreciation rate. Investors might consider targeting this segment of the market for rental income, especially as new residents might look for temporary or more affordable housing solutions upon moving to Roseisle.
Future Market Outlook
Looking ahead, Roseisle’s real estate market appears poised for continued growth. The sustained increase in population suggests that there will be an ongoing demand for housing. Given that the current trends show consistent but not excessive price increases, it is reasonable to expect similar patterns moving forward barring any unforeseen economic events.
The investment potential in Roseisle remains attractive with both sectors—houses and apartments—showing positive yet sustainable growth rates. As long as population numbers maintain their upward trajectory, the housing demand should keep the real estate market here robust and resilient into the foreseeable future.
