Yahk, British Columbia 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
Current Market Conditions and Trends
The real estate market in Yahk, British Columbia is currently experiencing consistent growth. The median house price stands at $500,000, with a year-over-year increase of 3.5%. This indicates a healthy demand for single-family homes in the area. Similarly, the median apartment price is $300,000, reflecting a more modest growth rate of 2.1% year-over-year.
The current trends suggest that Yahk’s housing market is steadily appreciating, making it an attractive destination for home buyers and investors alike. With a population of 15,000 and a robust population growth of 7.1%, demographic dynamics are likely contributing to the increasing housing demand.
Investment Opportunities and Potential
In light of the current market conditions, investment opportunities in Yahk appear promising. The steady rise in property values indicates potential for capital appreciation over the long term. Investors looking to purchase rental properties may find opportunities in both the house and apartment segments, as the population growth suggests an ongoing need for rental accommodations.
The stability of the market growth, combined with the increasing demand driven by population expansion, presents a favorable environment for real estate investments. Prospective investors should consider leveraging these trends to build or expand their real estate portfolios in Yahk.
Future Market Outlook
The future outlook for Yahk’s real estate market remains positive. Given the solid upward trajectory in property values and strong demographic trends, the market is expected to maintain its momentum. Assuming no significant economic disruptions occur, property prices are likely to continue their gradual ascent.
The local economy’s health and infrastructure development will play crucial roles in sustaining this outlook. As long as these factors remain supportive, Yahk’s real estate market is poised to be an increasingly attractive option for both residential buyers and investment-oriented purchasers.
