Real Estate Market Report for
Inuvik, NT

Updated : Jun 2016
House
  • Median price $127,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.13%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Inuvik Home Price

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When looking across the province, Inuvik is the 1st most expensive in Northwest Territories.

In Jun the median listed house price of $127,000 in Inuvik was an impressive compared to the rest of Northwest Territories.

2 bedroom properties are the most common available for real estate investors this month in neighbourhood.

This month we track 1st neighbourhoods in Northwest Territories, and Inuvik has the 1st most choice available for real estate investors.

Is Inuvik a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

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

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Jun this neighbourhood’s most common listing the same as the national average.

It’s never an exact art, but to try to forecast how property is going to appreciate in Inuvik for investors, it’s important to look at data like:

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Inuvik there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
2 bedrooms $127,000
Demographics
  • Population in 20113463
  • Population in 20063484
  • 2006 to 2011 population change (%)-0.6
  • Total private dwellings1549
  • Private dwellings occupied by usual residents1279
  • Population density per square kilometre55.4
  • Land area (square km)62.48
  • Age Characteristics
    Total population by age groups 3460
    0 to 4 years 330
    5 to 9 years 225
    10 to 14 years 230
    15 to 19 years 290
    15 years 60
    16 years 45
    17 years 60
    18 years 65
    19 years 55
    20 to 24 years 245
    25 to 29 years 300
    30 to 34 years 310
    35 to 39 years 235
    40 to 44 years 225
    45 to 49 years 295
    50 to 54 years 230
    55 to 59 years 195
    60 to 64 years 145
    65 to 69 years 90
    70 to 74 years 55
    75 to 79 years 30
    80 to 84 years 15
    85 years and over 20
    Median age of the population 31.7
    % of the population aged 15 and over 77.4
  • Marital Status
    Total population 15 years and over by marital status 2680
    Married or living with a common-law partner 1420
    Married (and not separated) 790
    Living common-law 625
    Not married and not living with a common-law partner 1265
    Single (never legally married) 980
    Separated 75
    Divorced 130
    Widowed 80
    Family Characteristics
    Total number of census families in private households 915
    Size of census family: 2 persons 395
    Size of census family: 3 persons 235
    Size of census family: 4 persons 165
    Size of census family: 5 or more persons 120
    Total number of census families in private households 915
    Total couple families by family structure and number of children 680
    Married couples 370
    Without children at home 135
    With children at home 235
    1 child 80
    2 children 90
    3 or more children 65
    Common-law couples 315
    Without children at home 125
    With children at home 190
    1 child 100
    2 children 45
    3 or more children 45
    Total lone-parent families by sex of parent and number of children 230
    Female parent 175
    1 child 90
    2 children 40
    3 or more children 40
    Male parent 60
    1 child 40
    2 children 15
    3 or more children 0
    Total children in census families in private households 1210
    Under six years of age 370
    6 to 14 years 400
    15 to 17 years 150
    18 to 24 years 200
    25 years and over 90
    Average number of children at home per census family 1.3
  • Household And Dwelling Characteristics
    Total number of persons in private households 3400
    Number of persons not in census families 595
    Living with relatives 110
    Living with non-relatives only 150
    Living alone 335
    Number of census family persons 2810
    Average number of persons per census family 3.1
    Total number of persons 65 years and over in private households 180
    Number of persons not in census families aged 65 years and over 80
    Living with relatives 15
    Living with non-relatives only 5
    Living alone 65
    Number of census family persons aged 65 years and over 100
    Total number of private households by household type 1280
    Census-family households 875
    One-family-only households 765
    Couple-family households 595
    Without children 220
    With children 370
    Lone-parent-family households 175
    Other family households 110
    One-family households with persons not in a census family 70
    Couple-family households 45
    Without children 15
    With children 30
    Lone-parent-family households 30
    Two-or-more-family households 35
    Non-census-family households 405
    One-person households 340
    Two-or-more-person households 65
    Total number of occupied private dwellings by structural type of dwelling 1280
    Single-detached house 550
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 730
    Semi-detached house 85
    Row house 275
    Apartment, duplex 20
    Apartment, building that has fewer than five storeys 350
    Other single-attached house 5
    Total number of private households by household size 1275
    1 person 335
    2 persons 360
    3 persons 240
    4 persons 180
    5 persons 105
    6 or more persons 60
    Number of persons in private households 3405
    Average number of persons in private households 2.7
Census 2011

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