Real Estate Market Report for
Gravelbourg, SK

Updated : Aug 2016
House
  • Median price $89,000
  • Monthly growth 10.21 %
  • Quarterly trend
  • Stock on market 2.33%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Gravelbourg Home Price

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The median asking price in Gravelbourg is $89,000, quite a drop from the median three months ago which was $110,450 .

The $89,000 price tag on the median Gravelbourg home means that it is very cheap in comparison to the rest of the nation.

Investors looking for properties in Gravelbourg are most likely to find 2 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.

This month we track 90th neighbourhoods in Saskatchewan, and Gravelbourg has the 90th most choice available for real estate investors.

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

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

As one of Saskatchewan’s many potential real estate investment neighbourhoods, Gravelbourg 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.

Beds Median price (House) Median price (Apartment)
2 bedrooms $60,000
3 bedrooms $75,500
4 bedrooms $302,000
Demographics
  • Population in 20111116
  • Population in 20061089
  • 2006 to 2011 population change (%)2.5
  • Total private dwellings516
  • Private dwellings occupied by usual residents486
  • Population density per square kilometre346
  • Land area (square km)3.23
  • Age Characteristics
    Total population by age groups 1115
    0 to 4 years 55
    5 to 9 years 50
    10 to 14 years 70
    15 to 19 years 65
    15 years 15
    16 years 15
    17 years 10
    18 years 15
    19 years 10
    20 to 24 years 30
    25 to 29 years 50
    30 to 34 years 55
    35 to 39 years 55
    40 to 44 years 65
    45 to 49 years 75
    50 to 54 years 80
    55 to 59 years 70
    60 to 64 years 65
    65 to 69 years 70
    70 to 74 years 50
    75 to 79 years 55
    80 to 84 years 80
    85 years and over 70
    Median age of the population 49.4
    % of the population aged 15 and over 84.4
  • Marital Status
    Total population 15 years and over by marital status 940
    Married or living with a common-law partner 575
    Married (and not separated) 520
    Living common-law 55
    Not married and not living with a common-law partner 370
    Single (never legally married) 190
    Separated 20
    Divorced 50
    Widowed 115
    Family Characteristics
    Total number of census families in private households 295
    Size of census family: 2 persons 175
    Size of census family: 3 persons 45
    Size of census family: 4 persons 40
    Size of census family: 5 or more persons 30
    Total number of census families in private households 295
    Total couple families by family structure and number of children 270
    Married couples 245
    Without children at home 155
    With children at home 95
    1 child 30
    2 children 35
    3 or more children 25
    Common-law couples 25
    Without children at home 10
    With children at home 15
    1 child 5
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 25
    Female parent 20
    1 child 5
    2 children 10
    3 or more children 0
    Male parent 5
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 255
    Under six years of age 60
    6 to 14 years 110
    15 to 17 years 35
    18 to 24 years 40
    25 years and over 15
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 1050
    Number of persons not in census families 220
    Living with relatives 15
    Living with non-relatives only 30
    Living alone 180
    Number of census family persons 820
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 280
    Number of persons not in census families aged 65 years and over 110
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 105
    Number of census family persons aged 65 years and over 165
    Total number of private households by household type 485
    Census-family households 290
    One-family-only households 285
    Couple-family households 265
    Without children 160
    With children 105
    Lone-parent-family households 25
    Other family households 10
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 195
    One-person households 180
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 485
    Single-detached house 390
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 90
    Semi-detached house 10
    Row house 5
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 70
    Other single-attached house 0
    Total number of private households by household size 490
    1 person 180
    2 persons 180
    3 persons 45
    4 persons 45
    5 persons 25
    6 or more persons 15
    Number of persons in private households 1045
    Average number of persons in private households 2.2
Census 2011

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