Across the country as a whole, Langenburg is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
In Aug the median listed house price of $129,500 in Langenburg was relatively low compared to the rest of Saskatchewan.
If you’re looking at investment properties in Langenburg, then you’re most likely to find homes with 3 bedrooms on sale this month.
According to our stats, Langenburg is the neighbourhood that has the 73th most properties available to real estate investors in Saskatchewan.
When we look at the data we have, it can help with trying to establish whether or not Langenburg is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Langenburg there is more stock than three months ago. This would indicate pressure on prices easing.
Across the country as a whole, Langenburg is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Saskatchewan is $248,500 , which means that Langenburg’s median price is $151,000 a lot lower than the rest of the province.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
From our data, it appears that neighbourhood is number 449th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.
Can we guarantee how well Langenburg 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.
Over the last three months in Langenburg, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.