Real Estate Market Report for
Elbow, SK

Updated : Aug 2016
House
  • Median price $168,500
  • Monthly growth -10.84 %
  • Quarterly trend
  • Stock on market 4.98%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Elbow Home Price

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The $168,500 price tag on the median Elbow home means that it is below the national norm.

If you’re looking at investment properties in Elbow, then you’re most likely to find homes with 2 bedrooms on sale this month.

This month we track 84th neighbourhoods in Saskatchewan, and Elbow has the 84th most choice available for real estate investors.

As one of Saskatchewan’s many potential real estate investment neighbourhoods, Elbow needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Over the last three months in Elbow, housing stock available seems to be falling – this could mean that homes values might increase faster.

Will prices rise across the next year in in Elbow? There are a number of real estate indicators to consider.

Beds Median price (House) Median price (Apartment)
2 bedrooms $164,900
3 bedrooms $178,750
4 bedrooms $193,950
Demographics
  • Population in 2011314
  • Population in 2006294
  • 2006 to 2011 population change (%)6.8
  • Total private dwellings261
  • Private dwellings occupied by usual residents151
  • Population density per square kilometre80.1
  • Land area (square km)3.92
  • Age Characteristics
    Total population by age groups 315
    0 to 4 years 10
    5 to 9 years 10
    10 to 14 years 15
    15 to 19 years 15
    15 years 0
    16 years 5
    17 years 5
    18 years 5
    19 years 0
    20 to 24 years 10
    25 to 29 years 15
    30 to 34 years 5
    35 to 39 years 10
    40 to 44 years 15
    45 to 49 years 15
    50 to 54 years 35
    55 to 59 years 35
    60 to 64 years 40
    65 to 69 years 25
    70 to 74 years 25
    75 to 79 years 20
    80 to 84 years 15
    85 years and over 5
    Median age of the population 56.4
    % of the population aged 15 and over 90.9
  • Marital Status
    Total population 15 years and over by marital status 280
    Married or living with a common-law partner 200
    Married (and not separated) 175
    Living common-law 25
    Not married and not living with a common-law partner 80
    Single (never legally married) 45
    Separated 5
    Divorced 10
    Widowed 15
    Family Characteristics
    Total number of census families in private households 110
    Size of census family: 2 persons 90
    Size of census family: 3 persons 15
    Size of census family: 4 persons 5
    Size of census family: 5 or more persons 10
    Total number of census families in private households 110
    Total couple families by family structure and number of children 95
    Married couples 85
    Without children at home 70
    With children at home 20
    1 child 10
    2 children 5
    3 or more children 5
    Common-law couples 10
    Without children at home 5
    With children at home 5
    1 child 0
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 10
    Female parent 10
    1 child 10
    2 children 0
    3 or more children 5
    Male parent 0
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 65
    Under six years of age 15
    6 to 14 years 20
    15 to 17 years 5
    18 to 24 years 10
    25 years and over 5
    Average number of children at home per census family 0.5
  • Household And Dwelling Characteristics
    Total number of persons in private households 315
    Number of persons not in census families 40
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 40
    Number of census family persons 275
    Average number of persons per census family 2.5
    Total number of persons 65 years and over in private households 95
    Number of persons not in census families aged 65 years and over 15
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons aged 65 years and over 80
    Total number of private households by household type 150
    Census-family households 110
    One-family-only households 110
    Couple-family households 100
    Without children 80
    With children 20
    Lone-parent-family households 10
    Other family households 0
    One-family households with persons not in a census family 0
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 40
    One-person households 40
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 150
    Single-detached house 125
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 20
    Semi-detached house 0
    Row house 15
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 5
    Other single-attached house 5
    Total number of private households by household size 150
    1 person 40
    2 persons 85
    3 persons 10
    4 persons 10
    5 persons 10
    6 or more persons 5
    Number of persons in private households 315
    Average number of persons in private households 2.1
Census 2011

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