Real Estate Market Report for
Lumsden, SK

Updated : Aug 2016
House
  • Median price $449,900
  • Monthly growth 124.95 %
  • Quarterly trend
  • Stock on market 2.72%
Apartment
  • Median price $374,450
  • Monthly growth 17.97 %
  • Quarterly trend
  • Stock on market 0.32%
Lumsden 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

When looking across the province, Lumsden is the 13th most expensive in Saskatchewan.

Want a cheaply priced house? Then at $449,900 this month, Lumsden, Saskatchewan is definitely not for you price wise.

Investors looking for properties in Lumsden are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.

According to our stats, Lumsden is the neighbourhood that has the 66th most properties available to real estate investors in Saskatchewan.

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

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

When looking across the province, Lumsden is the 2nd most expensive in Saskatchewan.

Lumsden, Saskatchewan has a median house price of $374,450 when compiling all the home listings in Aug .

Across Saskatchewan Lumsden has the 31th most properties on offer with 46.

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 decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

Beds Median price (House) Median price (Apartment)
3 bedrooms $514,900
4 bedrooms $744,900
Demographics
  • Population in 20111631
  • Population in 20061523
  • 2006 to 2011 population change (%)7.1
  • Total private dwellings626
  • Private dwellings occupied by usual residents608
  • Population density per square kilometre402
  • Land area (square km)4.06
  • Age Characteristics
    Total population by age groups 1630
    0 to 4 years 85
    5 to 9 years 100
    10 to 14 years 115
    15 to 19 years 140
    15 years 25
    16 years 30
    17 years 30
    18 years 30
    19 years 25
    20 to 24 years 80
    25 to 29 years 60
    30 to 34 years 110
    35 to 39 years 90
    40 to 44 years 90
    45 to 49 years 150
    50 to 54 years 145
    55 to 59 years 120
    60 to 64 years 95
    65 to 69 years 85
    70 to 74 years 40
    75 to 79 years 45
    80 to 84 years 40
    85 years and over 35
    Median age of the population 42.4
    % of the population aged 15 and over 81.7
  • Marital Status
    Total population 15 years and over by marital status 1335
    Married or living with a common-law partner 870
    Married (and not separated) 800
    Living common-law 70
    Not married and not living with a common-law partner 465
    Single (never legally married) 290
    Separated 25
    Divorced 50
    Widowed 100
    Family Characteristics
    Total number of census families in private households 485
    Size of census family: 2 persons 235
    Size of census family: 3 persons 80
    Size of census family: 4 persons 135
    Size of census family: 5 or more persons 40
    Total number of census families in private households 480
    Total couple families by family structure and number of children 430
    Married couples 400
    Without children at home 190
    With children at home 210
    1 child 65
    2 children 115
    3 or more children 30
    Common-law couples 30
    Without children at home 20
    With children at home 20
    1 child 10
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 50
    Female parent 40
    1 child 20
    2 children 10
    3 or more children 10
    Male parent 10
    1 child 10
    2 children 5
    3 or more children 5
    Total children in census families in private households 520
    Under six years of age 105
    6 to 14 years 185
    15 to 17 years 90
    18 to 24 years 110
    25 years and over 35
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 1600
    Number of persons not in census families 160
    Living with relatives 25
    Living with non-relatives only 15
    Living alone 125
    Number of census family persons 1440
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 225
    Number of persons not in census families aged 65 years and over 70
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 65
    Number of census family persons aged 65 years and over 155
    Total number of private households by household type 610
    Census-family households 480
    One-family-only households 455
    Couple-family households 415
    Without children 195
    With children 225
    Lone-parent-family households 40
    Other family households 20
    One-family households with persons not in a census family 15
    Couple-family households 10
    Without children 5
    With children 5
    Lone-parent-family households 5
    Two-or-more-family households 5
    Non-census-family households 130
    One-person households 125
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 610
    Single-detached house 510
    Apartment, building that has five or more storeys 0
    Movable dwelling 35
    Other dwelling 70
    Semi-detached house 5
    Row house 5
    Apartment, duplex 10
    Apartment, building that has fewer than five storeys 40
    Other single-attached house 10
    Total number of private households by household size 605
    1 person 125
    2 persons 225
    3 persons 85
    4 persons 125
    5 persons 30
    6 or more persons 20
    Number of persons in private households 1600
    Average number of persons in private households 2.6
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?