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Warner, Alberta Real Estate Market Data

Updated: Nov 2024

House

Median price $485,000
Monthly growth 1.1%
Quarterly trend 3.2%
Stock on market 0.6%

Apartment

Median price $290,000
Monthly growth 0.7%
Quarterly trend 1.8%
Stock on market 1.5%

Prices by Number of Bedrooms

Houses

Bedrooms Median Price
2 bedrooms $420,000
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 6,200
Occupied Private Dwellings 5,700
Population Density (per km²) 1.6
Land Area (km²) 2,500.5

Market Analysis





Warner, Alberta Real Estate Market Analysis

Current Market Conditions and Trends

The real estate market in Warner, Alberta is currently showing a steady increase in property values. The median house price stands at $485,000, reflecting a year-over-year growth of 3.2%. This indicates a stable local housing market that is keeping pace with national trends. Similarly, apartments have seen an increase in median price to $290,000, with a growth trend of 1.8% over the past year.

The population of Warner has grown to 15,500, with a notable population growth rate of 3.3%. This demographic expansion can contribute to the demand for housing and can be a driving factor behind the steady appreciation in property values.

Investment Opportunities and Potential

The consistent growth in property values presents potential investment opportunities within Warner’s real estate market. The positive trend in house and apartment prices suggests that purchasing property now could lead to capital gains over time as the market continues to appreciate.

Additionally, Warner’s increasing population further supports investment potential. A growing population often correlates with increased demand for rental properties, which could benefit investors looking to enter the residential rental market or expand their portfolio.

Future Market Outlook

The future outlook for Warner’s real estate market appears optimistic based on current trends and data. Given the steady rise in median property prices and sustained population growth, it is reasonable to forecast continued demand for both ownership and rental properties.

If the local economy maintains its momentum and the population continues to increase at a healthy rate, the real estate market in Warner should remain resilient. Investors and homeowners can likely expect ongoing stability in property values with potential for moderate growth in the medium to long term.