Real Estate Market Report for
Elgin, MB

Updated : Oct 2015
House
  • Median price $102,450
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.77%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Elgin Home Price

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The median asking price in Elgin is $102,450, quite a drop from the median three months ago which was $127,450 .

The median house price listed in Elgin this month is $102,450.

This month we track 203th neighbourhoods in Manitoba, and Elgin has the 203th most choice available for real estate investors.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Elgin will hopefully provide an indicator to help you where to research in-depth

If you are looking at investment properties in Elgin, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

Can we guarantee how well Elgin is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

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 Elgin have stayed pretty much the same which would tend to indicate that demand is steady.

Demographics
  • Population in 2011645
  • Population in 2006648
  • 2006 to 2011 population change (%)-0.5
  • Total private dwellings259
  • Private dwellings occupied by usual residents226
  • Population density per square kilometre1.1
  • Land area (square km)584.25
  • Age Characteristics
    Total population by age groups 645
    0 to 4 years 45
    5 to 9 years 40
    10 to 14 years 45
    15 to 19 years 40
    15 years 15
    16 years 10
    17 years 10
    18 years 5
    19 years 5
    20 to 24 years 35
    25 to 29 years 40
    30 to 34 years 30
    35 to 39 years 30
    40 to 44 years 30
    45 to 49 years 65
    50 to 54 years 70
    55 to 59 years 50
    60 to 64 years 40
    65 to 69 years 30
    70 to 74 years 15
    75 to 79 years 20
    80 to 84 years 15
    85 years and over 5
    Median age of the population 42.8
    % of the population aged 15 and over 80.2
  • Marital Status
    Total population 15 years and over by marital status 520
    Married or living with a common-law partner 355
    Married (and not separated) 320
    Living common-law 40
    Not married and not living with a common-law partner 160
    Single (never legally married) 110
    Separated 10
    Divorced 20
    Widowed 25
    Family Characteristics
    Total number of census families in private households 175
    Size of census family: 2 persons 95
    Size of census family: 3 persons 25
    Size of census family: 4 persons 25
    Size of census family: 5 or more persons 20
    Total number of census families in private households 170
    Total couple families by family structure and number of children 155
    Married couples 135
    Without children at home 75
    With children at home 60
    1 child 20
    2 children 25
    3 or more children 20
    Common-law couples 20
    Without children at home 15
    With children at home 5
    1 child 5
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 15
    Female parent 15
    1 child 5
    2 children 5
    3 or more children 0
    Male parent 0
    1 child 5
    2 children 5
    3 or more children 0
    Total children in census families in private households 155
    Under six years of age 35
    6 to 14 years 70
    15 to 17 years 25
    18 to 24 years 25
    25 years and over 5
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 550
    Number of persons not in census families 60
    Living with relatives 10
    Living with non-relatives only 10
    Living alone 55
    Number of census family persons 485
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 85
    Number of persons not in census families aged 65 years and over 20
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 20
    Number of census family persons aged 65 years and over 65
    Total number of private households by household type 225
    Census-family households 165
    One-family-only households 165
    Couple-family households 150
    Without children 85
    With children 65
    Lone-parent-family households 10
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 60
    One-person households 50
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 230
    Single-detached house 220
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 0
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 5
    Other single-attached house 0
    Total number of private households by household size 225
    1 person 55
    2 persons 95
    3 persons 25
    4 persons 35
    5 persons 15
    6 or more persons 5
    Number of persons in private households 550
    Average number of persons in private households 2.4
Census 2011

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