Stauffer, Alberta Real Estate Market Data
Updated: Nov 2024
House
| Median price | $495,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 3.2% |
| Stock on market | 0.8% |
Apartment
| Median price | $310,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 1.9% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $495,000 |
| 4 bedrooms | $615,000 |
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) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Stauffer, Alberta is currently characterized by steady growth. The median house price stands at $495,000, reflecting a year-over-year increase of 3.2%. This incremental growth indicates a stable market that is gradually appreciating in value. Similarly, the median apartment price has seen a rise to $310,000, with a slightly lower growth rate of 1.9% year-over-year.
The population of Stauffer currently stands at approximately 15,500 residents and has been experiencing a robust growth rate of 3.3%. This demographic trend is contributing to the increasing demand for housing in the area, which may continue to put upward pressure on property prices.
Investment Opportunities and Potential
The consistent growth in property values presents attractive investment opportunities in Stauffer. For investors looking at long-term capital gains, purchasing residential properties could be a sound strategy given the current trends. The stronger appreciation rate for standalone houses compared to apartments suggests that houses might offer better potential for capital growth.
In addition to the appreciation potential, Stauffer’s growing population implies an increase in demand for rental properties. Investors could benefit from investing in rental units due to likely competitive rental yields and low vacancy rates driven by the influx of new residents seeking housing.
Future Market Outlook
The future real estate market outlook for Stauffer is cautiously optimistic. Given the solid population growth and consistent property value increases, it is reasonable to anticipate that the demand for housing will remain strong. Assuming that economic conditions remain stable and supportive, both the house and apartment markets should continue their gradual appreciation.
However, investors should remain vigilant about factors such as interest rates, local employment opportunities, and broader economic trends that could influence buyer affordability and impact market dynamics. Careful analysis of these elements along with continuous monitoring of local developments will be key to making informed investment decisions in Stauffer’s real estate market.
