Seebe, Alberta Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.6% |
Apartment
| Median price | $310,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $425,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $625,000 |
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) | 1.7 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Seebe, Alberta is currently experiencing steady growth. With a median house price of $525,000 and a year-over-year increase of 4%, the market is showing healthy appreciation rates. This trend suggests that homeowner equity is growing and the local real estate market remains robust.
The median apartment price is slightly lower, standing at $310,000, with a more modest appreciation rate of 2.5% year-over-year. This indicates a stable demand for more affordable housing options such as apartments or condos, which may be particularly appealing to first-time homebuyers or investors looking for rental properties.
Seebe’s population has reached approximately 15,500 residents, with a notable growth rate of 3.3%. The increasing population serves as a key driver for the demand in housing, potentially leading to tightened supply and upward pressure on prices if the pace of new construction does not keep up with demand.
Investment Opportunities and Potential
The consistent growth in property values suggests that Seebe offers promising investment opportunities. The stronger increase in house prices compared to apartments might attract investors looking for capital gains, while the stability in apartment prices coupled with population growth could appeal to those interested in generating rental income.
Given the current trends, investors may find opportunities in purchasing single-family homes for long-term equity growth or focusing on developing or buying apartments to cater to the segment of the population seeking more affordable housing options.
Future Market Outlook
The future outlook for Seebe’s real estate market remains optimistic. The steady population growth implies continued demand for housing, which should support both home values and rental rates. Assuming that economic conditions remain favorable and employment prospects in the area stay strong, market fundamentals are likely to sustain their current trajectory.
However, potential investors and homeowners should monitor local developments closely, including any changes in zoning laws, infrastructure projects, or significant shifts in the job market that could impact future property values and market dynamics.
