Ukraina, Manitoba Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 2.8% |
| Stock on market | 0.7% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.3% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $590,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $340,000 |
| 3 bedrooms | $440,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 14,500 |
| Population Change | 4.8% |
| 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
In Ukraina, Manitoba, the real estate market is currently experiencing steady growth. The median house price stands at $485,000, with a year-over-year increase of 2.8%. Similarly, the median apartment price is at $295,000, showing a slightly lower growth rate of 2.3% year-over-year. These trends indicate a healthy and growing market that is attracting interest from both homeowners and investors.
The population of Ukraina has seen a significant rise, with a growth rate of 4.8%, suggesting an increasing demand for housing in the area. This demographic change is likely contributing to the stable appreciation of property values in the region.
Investment Opportunities and Potential
With a consistent increase in property values and a burgeoning population, Ukraina presents attractive investment opportunities for those looking to enter the real estate market. The modest yet steady growth in house and apartment prices suggests that investments made today have the potential for capital gains over time.
The town’s growing population also opens up possibilities for rental property investments, as new residents may look for temporary housing before purchasing homes. Investors can capitalize on this trend by investing in rental properties, catering to both long-term residents and newcomers seeking flexibility.
Future Market Outlook
The future outlook for Ukraina’s real estate market remains optimistic. Given the current growth trajectory and positive economic indicators, it is reasonable to expect that both housing demand and prices will continue to rise. The town’s increasing population serves as a fundamental driver for sustained growth in the housing market.
The local government’s development plans and any new infrastructure projects could further bolster confidence in Ukraina’s real estate market, potentially leading to an uptick in investment activity. As such, prospective buyers and investors are encouraged to consider the long-term benefits of entering this dynamic market.
