Real Estate Market Report for
Drake, SK

Updated : Aug 2016
House
  • Median price $89,900
  • Monthly growth -0.11 %
  • Quarterly trend
  • Stock on market 2.73%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Drake Home Price

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In Aug the median listed house price of $89,900 in Drake was relatively low compared to the rest of Saskatchewan.

Is Drake a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Drake, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 5, this month we show 3.

Saskatchewan has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Drake have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
3 bedrooms $89,900
Demographics
  • Population in 2011202
  • Population in 2006232
  • 2006 to 2011 population change (%)-12.9
  • Total private dwellings110
  • Private dwellings occupied by usual residents100
  • Population density per square kilometre282.2
  • Land area (square km)0.72
  • Age Characteristics
    Total population by age groups 200
    0 to 4 years 10
    5 to 9 years 5
    10 to 14 years 10
    15 to 19 years 15
    15 years 0
    16 years 5
    17 years 5
    18 years 0
    19 years 5
    20 to 24 years 5
    25 to 29 years 15
    30 to 34 years 10
    35 to 39 years 10
    40 to 44 years 10
    45 to 49 years 10
    50 to 54 years 20
    55 to 59 years 15
    60 to 64 years 10
    65 to 69 years 10
    70 to 74 years 0
    75 to 79 years 5
    80 to 84 years 15
    85 years and over 10
    Median age of the population 46
    % of the population aged 15 and over 85.6
  • Marital Status
    Total population 15 years and over by marital status 175
    Married or living with a common-law partner 110
    Married (and not separated) 100
    Living common-law 10
    Not married and not living with a common-law partner 65
    Single (never legally married) 30
    Separated 5
    Divorced 5
    Widowed 25
    Family Characteristics
    Total number of census families in private households 55
    Size of census family: 2 persons 30
    Size of census family: 3 persons 10
    Size of census family: 4 persons 10
    Size of census family: 5 or more persons 5
    Total number of census families in private households 55
    Total couple families by family structure and number of children 50
    Married couples 50
    Without children at home 30
    With children at home 20
    1 child 10
    2 children 5
    3 or more children 5
    Common-law couples 5
    Without children at home 0
    With children at home 5
    1 child 0
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 0
    Female parent 5
    1 child 0
    2 children 0
    3 or more children 0
    Male parent 0
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 45
    Under six years of age 10
    6 to 14 years 15
    15 to 17 years 10
    18 to 24 years 5
    25 years and over 0
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 200
    Number of persons not in census families 50
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 45
    Number of census family persons 155
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 50
    Number of persons not in census families aged 65 years and over 30
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 25
    Number of census family persons aged 65 years and over 20
    Total number of private households by household type 100
    Census-family households 55
    One-family-only households 50
    Couple-family households 50
    Without children 25
    With children 20
    Lone-parent-family households 0
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 0
    Without children 5
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 45
    One-person households 45
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 100
    Single-detached house 85
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 15
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 15
    Other single-attached house 0
    Total number of private households by household size 100
    1 person 45
    2 persons 30
    3 persons 10
    4 persons 10
    5 persons 5
    6 or more persons 0
    Number of persons in private households 205
    Average number of persons in private households 2
Census 2011

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