Vauxhall, Alberta 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 | 1.9% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $425,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $580,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $320,000 |
| 3 bedrooms | $400,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,100 |
| 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 Vauxhall, Alberta, is currently experiencing a period of steady growth. With a median house price of $485,000, the market has seen a year-over-year increase of 2.8%, indicating a healthy demand for single-family homes. The median apartment price stands at $295,000, which has grown by 1.9% over the past year. This slower growth rate suggests a more modest but consistent interest in multi-family living spaces.
The population of Vauxhall has reached 15,500 residents and continues to grow at an impressive rate of 3.3% annually. This population increase is likely contributing to sustained demand for housing within the region.
Investment Opportunities and Potential
For investors considering the Vauxhall real estate market, both residential and multifamily properties present attractive opportunities. The steady growth in house prices reflects a stable market with potential for continued appreciation. Investment in single-family homes could yield solid returns as demand remains robust due to the growing population.
Apartments represent a slightly more conservative investment choice with a lower entry price point and consistent upward pricing trends. As the population expands, particularly if it includes younger residents or smaller households, demand for apartments may see an uptick—potentially accelerating price growth in this sector.
Future Market Outlook
The future outlook for Vauxhall’s real estate market appears positive based on current trends and demographic data. Assuming that the local economy remains stable and supportive of the current population growth rate, housing demand is expected to keep pace or even increase. As such, both median house and apartment prices are anticipated to continue their gradual rise.
Factors such as local employment rates, infrastructure development, and interest rates will also play critical roles in shaping the trajectory of the market. Investors and prospective homebuyers should monitor these variables closely to make informed decisions.
