Real Estate Market Report for
Lumsden, NL

Updated : Aug 2016
House
  • Median price $25,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.68%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Lumsden Home Price

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The median asking price in Lumsden is $25,000, quite a drop from the median three months ago which was $25,000 .

Want a cheaply priced house? Then at $25,000 this month, Lumsden, Newfoundland and Labrador do not consider price wise.

From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Lumsden will hopefully provide an indicator to help you where to research in-depth

In Lumsden, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

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

In Lumsden, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
3 bedrooms $113,700
Demographics
  • Population in 2011545
  • Population in 2006533
  • 2006 to 2011 population change (%)2.3
  • Total private dwellings296
  • Private dwellings occupied by usual residents219
  • Population density per square kilometre26.7
  • Land area (square km)20.43
  • Age Characteristics
    Total population by age groups 545
    0 to 4 years 20
    5 to 9 years 30
    10 to 14 years 20
    15 to 19 years 25
    15 years 5
    16 years 10
    17 years 0
    18 years 5
    19 years 5
    20 to 24 years 20
    25 to 29 years 10
    30 to 34 years 30
    35 to 39 years 25
    40 to 44 years 35
    45 to 49 years 55
    50 to 54 years 50
    55 to 59 years 60
    60 to 64 years 40
    65 to 69 years 35
    70 to 74 years 30
    75 to 79 years 15
    80 to 84 years 20
    85 years and over 15
    Median age of the population 48.8
    % of the population aged 15 and over 86.6
  • Marital Status
    Total population 15 years and over by marital status 470
    Married or living with a common-law partner 345
    Married (and not separated) 330
    Living common-law 15
    Not married and not living with a common-law partner 120
    Single (never legally married) 70
    Separated 10
    Divorced 15
    Widowed 35
    Family Characteristics
    Total number of census families in private households 190
    Size of census family: 2 persons 110
    Size of census family: 3 persons 40
    Size of census family: 4 persons 30
    Size of census family: 5 or more persons 0
    Total number of census families in private households 190
    Total couple families by family structure and number of children 175
    Married couples 165
    Without children at home 100
    With children at home 70
    1 child 35
    2 children 30
    3 or more children 0
    Common-law couples 10
    Without children at home 5
    With children at home 5
    1 child 5
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 15
    Female parent 15
    1 child 10
    2 children 5
    3 or more children 5
    Male parent 5
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 135
    Under six years of age 30
    6 to 14 years 45
    15 to 17 years 15
    18 to 24 years 25
    25 years and over 25
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 545
    Number of persons not in census families 40
    Living with relatives 15
    Living with non-relatives only 0
    Living alone 30
    Number of census family persons 500
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 110
    Number of persons not in census families aged 65 years and over 30
    Living with relatives 15
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons aged 65 years and over 80
    Total number of private households by household type 220
    Census-family households 185
    One-family-only households 175
    Couple-family households 160
    Without children 95
    With children 70
    Lone-parent-family households 15
    Other family households 10
    One-family households with persons not in a census family 10
    Couple-family households 10
    Without children 5
    With children 5
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 30
    One-person households 30
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 220
    Single-detached house 210
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 5
    Semi-detached house 5
    Row house 0
    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 215
    1 person 30
    2 persons 105
    3 persons 50
    4 persons 35
    5 persons 5
    6 or more persons 5
    Number of persons in private households 545
    Average number of persons in private households 2.5
Census 2011

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