Real Estate Market Report for
Musgravetown, NL

Updated : Aug 2016
House
  • Median price $142,200
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.72%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Musgravetown Home Price

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When looking across the province, Musgravetown is the 149th most expensive in Newfoundland and Labrador.

Want a cheaply priced house? Then at $142,200 this month, Musgravetown, Newfoundland and Labrador is somewhere that you should look at price wise.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

Across Newfoundland and Labrador Musgravetown has the 138th most properties on offer with 197.

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

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

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

In Musgravetown, 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 $142,200
Demographics
  • Population in 2011556
  • Population in 2006583
  • 2006 to 2011 population change (%)-4.6
  • Total private dwellings278
  • Private dwellings occupied by usual residents232
  • Population density per square kilometre40.8
  • Land area (square km)13.63
  • Age Characteristics
    Total population by age groups 560
    0 to 4 years 15
    5 to 9 years 25
    10 to 14 years 35
    15 to 19 years 40
    15 years 10
    16 years 5
    17 years 5
    18 years 5
    19 years 10
    20 to 24 years 15
    25 to 29 years 15
    30 to 34 years 15
    35 to 39 years 45
    40 to 44 years 40
    45 to 49 years 50
    50 to 54 years 35
    55 to 59 years 50
    60 to 64 years 65
    65 to 69 years 45
    70 to 74 years 25
    75 to 79 years 25
    80 to 84 years 15
    85 years and over 10
    Median age of the population 48.7
    % of the population aged 15 and over 85.9
  • Marital Status
    Total population 15 years and over by marital status 480
    Married or living with a common-law partner 350
    Married (and not separated) 310
    Living common-law 35
    Not married and not living with a common-law partner 135
    Single (never legally married) 70
    Separated 5
    Divorced 15
    Widowed 40
    Family Characteristics
    Total number of census families in private households 195
    Size of census family: 2 persons 120
    Size of census family: 3 persons 45
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 10
    Total number of census families in private households 190
    Total couple families by family structure and number of children 175
    Married couples 150
    Without children at home 95
    With children at home 55
    1 child 30
    2 children 15
    3 or more children 10
    Common-law couples 15
    Without children at home 10
    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 20
    Female parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Male parent 5
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 130
    Under six years of age 20
    6 to 14 years 55
    15 to 17 years 25
    18 to 24 years 25
    25 years and over 10
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 550
    Number of persons not in census families 55
    Living with relatives 5
    Living with non-relatives only 10
    Living alone 40
    Number of census family persons 490
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 115
    Number of persons not in census families aged 65 years and over 35
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 25
    Number of census family persons aged 65 years and over 80
    Total number of private households by household type 230
    Census-family households 185
    One-family-only households 175
    Couple-family households 160
    Without children 100
    With children 60
    Lone-parent-family households 15
    Other family households 10
    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 5
    Non-census-family households 45
    One-person households 40
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 235
    Single-detached house 225
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 5
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 5
    Total number of private households by household size 230
    1 person 40
    2 persons 115
    3 persons 40
    4 persons 25
    5 persons 10
    6 or more persons 0
    Number of persons in private households 550
    Average number of persons in private households 2.4
Census 2011

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