Stauffer, Alberta 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 Stauffer, Alberta currently presents a stable investment landscape with consistent growth. The median house price in Stauffer stands at $500,000, with a positive year-over-year increase of 3.5%. This suggests a healthy demand for single-family homes and a robust housing market. Similarly, the apartment sector has shown growth with the median apartment price reaching $300,000 and experiencing a 2.1% year-over-year increment.
The demographic trend in Stauffer is also indicative of potential market expansion, with the population growing at an impressive rate of 7.1%. This increase is likely fueling housing demand and could be attributed to factors such as employment opportunities, quality of life, or an influx of residents from other regions.
Investment Opportunities and Potential
Considering the steady growth in property values and the strong population increase, Stauffer offers promising investment opportunities. Investors may find particular potential in the single-family home market due to its higher growth rate. Additionally, with significant population growth, there could be an emerging demand for rental properties, making multi-family units or investment in apartment complexes appealing.
The ongoing trends suggest that now is an opportune time to invest in Stauffer’s real estate before prices potentially escalate further due to increasing demand. Furthermore, as new residents move into the area, ancillary investment opportunities may arise in retail and service sectors to support the growing community.
Future Market Outlook
The future real estate market outlook for Stauffer appears optimistic. With consistent growth in housing prices coupled with substantial population increases, it is likely that these trends will continue barring any unforeseen economic disruptions. The alignment of increasing property values and population suggests that both supply and demand are scaling proportionally.
If current conditions hold, investors can reasonably expect continued appreciation in property investments over the medium to long term. However, it remains important for stakeholders to monitor external economic factors that could impact migration patterns and employment rates within Stauffer – two elements that are intrinsically tied to real estate health.
In conclusion, Stauffer’s real estate market provides fertile ground for both residential and commercial property investments. With careful consideration of location-specific dynamics and broader economic indicators, investors can capitalize on the town’s upward trajectory.
