Real Estate Market Report for
Medstead, SK

Updated : Aug 2016
House
  • Median price $92,450
  • Monthly growth 8.76 %
  • Quarterly trend
  • Stock on market 3.45%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Medstead Home Price

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Medstead was Canada’s 4797th most expensive suburb by listed median house price this month.

With Medstead’s median house price at $92,450 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Saskatchewan.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

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.

It’s never an exact art, but to try to forecast how property is going to appreciate in Medstead 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 Medstead there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Will prices rise across the next year in in Medstead? There are a number of real estate indicators to consider.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
3 bedrooms $92,450
Demographics
  • Population in 2011120
  • Population in 2006148
  • 2006 to 2011 population change (%)-18.9
  • Total private dwellings58
  • Private dwellings occupied by usual residents56
  • Population density per square kilometre177.9
  • Land area (square km)0.67
  • Age Characteristics
    Total population by age groups 120
    0 to 4 years 5
    5 to 9 years 10
    10 to 14 years 5
    15 to 19 years 10
    15 years 0
    16 years 0
    17 years 0
    18 years 0
    19 years 0
    20 to 24 years 0
    25 to 29 years 5
    30 to 34 years 10
    35 to 39 years 10
    40 to 44 years 10
    45 to 49 years 5
    50 to 54 years 5
    55 to 59 years 10
    60 to 64 years 5
    65 to 69 years 5
    70 to 74 years 5
    75 to 79 years 10
    80 to 84 years 5
    85 years and over 5
    Median age of the population 44.7
    % of the population aged 15 and over 80.8
  • Marital Status
    Total population 15 years and over by marital status 100
    Married or living with a common-law partner 65
    Married (and not separated) 60
    Living common-law 5
    Not married and not living with a common-law partner 35
    Single (never legally married) 15
    Separated 5
    Divorced 5
    Widowed 10
    Family Characteristics
    Total number of census families in private households 30
    Size of census family: 2 persons 15
    Size of census family: 3 persons 5
    Size of census family: 4 persons 10
    Size of census family: 5 or more persons 0
    Total number of census families in private households 35
    Total couple families by family structure and number of children 30
    Married couples 25
    Without children at home 15
    With children at home 15
    1 child 0
    2 children 10
    3 or more children 5
    Common-law couples 5
    Without children at home 0
    With children at home 0
    1 child 0
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 5
    Female parent 0
    1 child 0
    2 children 0
    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 35
    Under six years of age 5
    6 to 14 years 15
    15 to 17 years 0
    18 to 24 years 0
    25 years and over 0
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 120
    Number of persons not in census families 25
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 20
    Number of census family persons 95
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 35
    Number of persons not in census families aged 65 years and over 15
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 10
    Number of census family persons aged 65 years and over 20
    Total number of private households by household type 55
    Census-family households 30
    One-family-only households 30
    Couple-family households 30
    Without children 20
    With children 15
    Lone-parent-family households 0
    Other family households 0
    One-family households with persons not in a census family 0
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 25
    One-person households 25
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 55
    Single-detached house 45
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 10
    Semi-detached house 0
    Row house 5
    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 55
    1 person 20
    2 persons 20
    3 persons 5
    4 persons 10
    5 persons 5
    6 or more persons 0
    Number of persons in private households 120
    Average number of persons in private households 2.2
Census 2011

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