Real Estate Market Report for
Herbert, SK

Updated : Aug 2016
House
  • Median price $141,000
  • Monthly growth -2.42 %
  • Quarterly trend
  • Stock on market 2.48%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Herbert Home Price

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The median asking price in Herbert is $141,000, less than the median three months ago which was $108,000 .

In Aug the median listed house price of $141,000 in Herbert was a below average compared to the rest of Saskatchewan.

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

According to our stats, Herbert is the neighbourhood that has the 132th most properties available to real estate investors in Saskatchewan.

Can we guarantee how well Herbert 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Herbert there is more stock than three months ago. This would indicate pressure on prices easing.

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.

When we look at the data we have, it can help with trying to establish whether or not Herbert is a good investment target.

Over the last three months in Herbert, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
2 bedrooms $74,750
3 bedrooms $165,950
Demographics
  • Population in 2011759
  • Population in 2006742
  • 2006 to 2011 population change (%)2.3
  • Total private dwellings323
  • Private dwellings occupied by usual residents304
  • Population density per square kilometre200.7
  • Land area (square km)3.78
  • Age Characteristics
    Total population by age groups 760
    0 to 4 years 40
    5 to 9 years 30
    10 to 14 years 25
    15 to 19 years 25
    15 years 5
    16 years 5
    17 years 0
    18 years 10
    19 years 5
    20 to 24 years 30
    25 to 29 years 40
    30 to 34 years 20
    35 to 39 years 30
    40 to 44 years 15
    45 to 49 years 40
    50 to 54 years 45
    55 to 59 years 50
    60 to 64 years 40
    65 to 69 years 40
    70 to 74 years 45
    75 to 79 years 55
    80 to 84 years 60
    85 years and over 125
    Median age of the population 57.6
    % of the population aged 15 and over 88.7
  • Marital Status
    Total population 15 years and over by marital status 670
    Married or living with a common-law partner 390
    Married (and not separated) 345
    Living common-law 45
    Not married and not living with a common-law partner 275
    Single (never legally married) 110
    Separated 20
    Divorced 30
    Widowed 120
    Family Characteristics
    Total number of census families in private households 205
    Size of census family: 2 persons 140
    Size of census family: 3 persons 30
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 15
    Total number of census families in private households 210
    Total couple families by family structure and number of children 195
    Married couples 170
    Without children at home 120
    With children at home 50
    1 child 25
    2 children 15
    3 or more children 10
    Common-law couples 25
    Without children at home 15
    With children at home 10
    1 child 0
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 15
    Female parent 15
    1 child 10
    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 125
    Under six years of age 40
    6 to 14 years 45
    15 to 17 years 10
    18 to 24 years 20
    25 years and over 10
    Average number of children at home per census family 0.6
  • Household And Dwelling Characteristics
    Total number of persons in private households 635
    Number of persons not in census families 110
    Living with relatives 0
    Living with non-relatives only 20
    Living alone 90
    Number of census family persons 525
    Average number of persons per census family 2.5
    Total number of persons 65 years and over in private households 200
    Number of persons not in census families aged 65 years and over 50
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 50
    Number of census family persons aged 65 years and over 150
    Total number of private households by household type 305
    Census-family households 210
    One-family-only households 205
    Couple-family households 190
    Without children 130
    With children 55
    Lone-parent-family households 15
    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 95
    One-person households 90
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 305
    Single-detached house 280
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 20
    Semi-detached house 0
    Row house 10
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 300
    1 person 95
    2 persons 145
    3 persons 30
    4 persons 25
    5 persons 5
    6 or more persons 5
    Number of persons in private households 635
    Average number of persons in private households 2.1
Census 2011

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