Stockton, 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 | $420,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $350,000 |
| 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 | 5,800 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Stockton, Manitoba is currently experiencing steady growth, with the median house price sitting at $500,000, reflecting a year-over-year increase of 3.5%. This consistent rise indicates a healthy demand for residential properties in the area. Similarly, the apartment market is also showing positive momentum, with median prices at $300,000 and a more modest annual growth rate of 2.1%.
The population growth rate of 3.33% in Stockton suggests that the demand for housing is likely to continue as more people are drawn to the region. The influx of new residents can be attributed to various factors including employment opportunities, quality of life, and attractive amenities within the community.
Investment Opportunities and Potential
With both the house and apartment markets showing continual growth, Stockton presents viable investment opportunities for potential investors. The steady increase in property values coupled with an expanding population base provides a promising environment for rental and resale markets.
Investors looking to capitalize on rental income may find apartments particularly appealing due to their lower entry price point and solid year-over-year appreciation. Houses offer a larger capital growth potential given the higher rate of appreciation, which might appeal to investors with a longer-term strategy or those interested in more substantial property investments.
Future Market Outlook
Given current trends and statistics, the future market outlook for Stockton’s real estate seems optimistic. The sustained population growth is expected to maintain or even increase the demand for housing in both sectors—single-family homes and apartments. If these demographic trends continue along with economic stability in the region, it’s reasonable to anticipate ongoing appreciation in property values.
While external economic factors such as interest rates and national economic performance can impact local real estate markets, Stockton’s strong fundamentals make it an attractive market for both short-term investors seeking cash flow opportunities and long-term investors banking on asset appreciation.
