Trending
A red, white, and black flag with a white background.

Warburg, 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





Warburg, Alberta Real Estate Market Analysis

Current Market Conditions and Trends

The real estate market in Warburg, Alberta, has demonstrated steady growth over the past year. The median house price in Warburg is currently at $500,000, reflecting a year-over-year increase of 3.5%. This indicates a stable market with consistent demand. Similarly, the median apartment price has risen to $300,000, with a more modest annual growth rate of 2.1%, suggesting a slightly softer but still positive trend for apartment sales.

The population of Warburg has reached 15,000 residents and is experiencing robust growth at a rate of 7.1%. This rapid increase in population is a primary driver for housing demand and contributes to the positive price trends observed across both houses and apartments.

Investment Opportunities and Potential

Given the current market conditions, investment opportunities within Warburg appear promising. The continuous population growth paired with consistent property value appreciation signifies potential for both short-term gains through property flipping and long-term returns through rental income and capital growth.

Investors considering entry into the Warburg real estate market would be entering at a time where historical data suggests an upward trajectory in property values. Additionally, as the population continues to expand, demand for both rental properties and homes for purchase is likely to rise, potentially leading to tighter housing supply and further upward pressure on prices.

Future Market Outlook

The future market outlook for Warburg’s real estate appears optimistic based on current trends. With a strong population growth rate that outpaces many other regions, there is an inherent increase in housing demand that is expected to persist. If economic conditions remain favorable and migration patterns continue as they are currently observed, it is reasonable to expect sustained growth in property values.

However, investors should be aware of external factors that could impact the local real estate market such as changes in the macroeconomic climate, interest rates fluctuations, or unforeseen events that could affect employment rates within the area. Vigilance towards such variables will be crucial for making informed investment decisions in the dynamic landscape of Warburg’s real estate market.