Real Estate Market Report for
Elkhorn, MB

Updated : Aug 2016
House
  • Median price $179,000
  • Monthly growth 138.98 %
  • Quarterly trend
  • Stock on market 1.30%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Elkhorn Home Price

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With a median listing price of $179,000, Elkhorn is Canada’s 3320th most expensive when ordered by median listing price.

Elkhorn, Manitoba has a median house price of $179,000 when compiling all the home listings in Aug .

From our data, it appears that neighbourhood is number 3570th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 30.

As one of Manitoba’s many potential real estate investment neighbourhoods, Elkhorn 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.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Manitoba 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.

In Elkhorn, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
2 bedrooms $74,450
Demographics
  • Population in 2011471
  • Population in 2006461
  • 2006 to 2011 population change (%)2.2
  • Total private dwellings231
  • Private dwellings occupied by usual residents213
  • Population density per square kilometre172.6
  • Land area (square km)2.73
  • Age Characteristics
    Total population by age groups 470
    0 to 4 years 15
    5 to 9 years 20
    10 to 14 years 30
    15 to 19 years 40
    15 years 15
    16 years 5
    17 years 10
    18 years 10
    19 years 5
    20 to 24 years 25
    25 to 29 years 20
    30 to 34 years 10
    35 to 39 years 20
    40 to 44 years 35
    45 to 49 years 35
    50 to 54 years 30
    55 to 59 years 25
    60 to 64 years 35
    65 to 69 years 25
    70 to 74 years 25
    75 to 79 years 20
    80 to 84 years 25
    85 years and over 35
    Median age of the population 47.3
    % of the population aged 15 and over 86.8
  • Marital Status
    Total population 15 years and over by marital status 410
    Married or living with a common-law partner 225
    Married (and not separated) 175
    Living common-law 50
    Not married and not living with a common-law partner 190
    Single (never legally married) 85
    Separated 15
    Divorced 25
    Widowed 60
    Family Characteristics
    Total number of census families in private households 125
    Size of census family: 2 persons 75
    Size of census family: 3 persons 25
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 10
    Total number of census families in private households 130
    Total couple families by family structure and number of children 105
    Married couples 80
    Without children at home 50
    With children at home 35
    1 child 10
    2 children 15
    3 or more children 15
    Common-law couples 20
    Without children at home 15
    With children at home 10
    1 child 5
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 20
    Female parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Male parent 5
    1 child 0
    2 children 0
    3 or more children 5
    Total children in census families in private households 115
    Under six years of age 20
    6 to 14 years 40
    15 to 17 years 30
    18 to 24 years 20
    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 450
    Number of persons not in census families 100
    Living with relatives 0
    Living with non-relatives only 15
    Living alone 85
    Number of census family persons 350
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 105
    Number of persons not in census families aged 65 years and over 45
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 45
    Number of census family persons aged 65 years and over 60
    Total number of private households by household type 215
    Census-family households 125
    One-family-only households 120
    Couple-family households 100
    Without children 60
    With children 40
    Lone-parent-family households 15
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 0
    Without children 0
    With children 5
    Lone-parent-family households 5
    Two-or-more-family households 0
    Non-census-family households 90
    One-person households 85
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 210
    Single-detached house 180
    Apartment, building that has five or more storeys 0
    Movable dwelling 15
    Other dwelling 15
    Semi-detached house 0
    Row house 15
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 215
    1 person 80
    2 persons 75
    3 persons 25
    4 persons 20
    5 persons 10
    6 or more persons 5
    Number of persons in private households 445
    Average number of persons in private households 2.1
Census 2011

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