Real Estate Market Report for
Loon Lake, SK

Updated : Aug 2016
House
  • Median price $169,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 1.90%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Loon Lake Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Across the country as a whole, Loon Lake is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

In Aug the median listed house price of $169,900 in Loon Lake was a below average compared to the rest of Saskatchewan.

Loon Lake’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 2 bedrooms.

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 Saskatchewan’s many potential real estate investment neighbourhoods, Loon Lake 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 fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.

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

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
2 bedrooms $134,900
Demographics
  • Population in 2011314
  • Population in 2006306
  • 2006 to 2011 population change (%)2.6
  • Total private dwellings158
  • Private dwellings occupied by usual residents130
  • Population density per square kilometre475.1
  • Land area (square km)0.66
  • Age Characteristics
    Total population by age groups 315
    0 to 4 years 20
    5 to 9 years 20
    10 to 14 years 30
    15 to 19 years 20
    15 years 5
    16 years 0
    17 years 5
    18 years 5
    19 years 5
    20 to 24 years 10
    25 to 29 years 25
    30 to 34 years 15
    35 to 39 years 15
    40 to 44 years 15
    45 to 49 years 15
    50 to 54 years 15
    55 to 59 years 20
    60 to 64 years 20
    65 to 69 years 20
    70 to 74 years 10
    75 to 79 years 15
    80 to 84 years 10
    85 years and over 15
    Median age of the population 41.3
    % of the population aged 15 and over 79.3
  • Marital Status
    Total population 15 years and over by marital status 250
    Married or living with a common-law partner 125
    Married (and not separated) 110
    Living common-law 20
    Not married and not living with a common-law partner 120
    Single (never legally married) 75
    Separated 5
    Divorced 10
    Widowed 25
    Family Characteristics
    Total number of census families in private households 75
    Size of census family: 2 persons 35
    Size of census family: 3 persons 20
    Size of census family: 4 persons 10
    Size of census family: 5 or more persons 10
    Total number of census families in private households 75
    Total couple families by family structure and number of children 60
    Married couples 55
    Without children at home 25
    With children at home 25
    1 child 10
    2 children 10
    3 or more children 5
    Common-law couples 10
    Without children at home 5
    With children at home 5
    1 child 5
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 10
    Female parent 10
    1 child 0
    2 children 5
    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 95
    Under six years of age 20
    6 to 14 years 40
    15 to 17 years 15
    18 to 24 years 5
    25 years and over 5
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 295
    Number of persons not in census families 65
    Living with relatives 5
    Living with non-relatives only 10
    Living alone 50
    Number of census family persons 225
    Average number of persons per census family 3.1
    Total number of persons 65 years and over in private households 50
    Number of persons not in census families aged 65 years and over 20
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 20
    Number of census family persons aged 65 years and over 30
    Total number of private households by household type 130
    Census-family households 75
    One-family-only households 70
    Couple-family households 60
    Without children 30
    With children 30
    Lone-parent-family households 10
    Other family households 5
    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 55
    One-person households 50
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 130
    Single-detached house 110
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 20
    Semi-detached house 0
    Row house 10
    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 130
    1 person 50
    2 persons 40
    3 persons 15
    4 persons 10
    5 persons 5
    6 or more persons 5
    Number of persons in private households 290
    Average number of persons in private households 2.3
Census 2011

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?