Real Estate Market Report for
Nipawin, SK

Updated : Aug 2016
House
  • Median price $192,250
  • Monthly growth 7.85 %
  • Quarterly trend
  • Stock on market 2.78%
Apartment
  • Median price $349,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.10%
Nipawin 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

With Nipawin’s median house price at $192,250 in Aug , it is about average compared to the rest of Saskatchewan.

4 bedroom properties are the most common available for real estate investors this month in neighbourhood.

As one of Saskatchewan’s many potential real estate investment neighbourhoods, Nipawin 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.

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.

Nipawin was Canada’s 127th most expensive suburb by listed median house price this month.

Nipawin, Saskatchewan has a median house price of $349,000 when compiling all the home listings in Aug .

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.

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

In Nipawin, 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)
2 bedrooms $114,700 $349,000
3 bedrooms $238,950
4 bedrooms $214,900
5 bedrooms $181,500
6 bedrooms $339,700
Demographics
  • Population in 20114265
  • Population in 20064076
  • 2006 to 2011 population change (%)4.6
  • Total private dwellings2014
  • Private dwellings occupied by usual residents1941
  • Population density per square kilometre489.4
  • Land area (square km)8.71
  • Age Characteristics
    Total population by age groups 4265
    0 to 4 years 285
    5 to 9 years 255
    10 to 14 years 240
    15 to 19 years 260
    15 years 45
    16 years 55
    17 years 55
    18 years 55
    19 years 50
    20 to 24 years 235
    25 to 29 years 255
    30 to 34 years 205
    35 to 39 years 255
    40 to 44 years 260
    45 to 49 years 270
    50 to 54 years 265
    55 to 59 years 290
    60 to 64 years 270
    65 to 69 years 225
    70 to 74 years 200
    75 to 79 years 145
    80 to 84 years 170
    85 years and over 190
    Median age of the population 43.1
    % of the population aged 15 and over 81.7
  • Marital Status
    Total population 15 years and over by marital status 3480
    Married or living with a common-law partner 2100
    Married (and not separated) 1785
    Living common-law 315
    Not married and not living with a common-law partner 1385
    Single (never legally married) 745
    Separated 85
    Divorced 190
    Widowed 370
    Family Characteristics
    Total number of census families in private households 1215
    Size of census family: 2 persons 685
    Size of census family: 3 persons 235
    Size of census family: 4 persons 190
    Size of census family: 5 or more persons 110
    Total number of census families in private households 1215
    Total couple families by family structure and number of children 1035
    Married couples 875
    Without children at home 505
    With children at home 375
    1 child 150
    2 children 145
    3 or more children 80
    Common-law couples 155
    Without children at home 90
    With children at home 70
    1 child 25
    2 children 20
    3 or more children 20
    Total lone-parent families by sex of parent and number of children 180
    Female parent 150
    1 child 80
    2 children 45
    3 or more children 30
    Male parent 25
    1 child 15
    2 children 10
    3 or more children 0
    Total children in census families in private households 1145
    Under six years of age 330
    6 to 14 years 445
    15 to 17 years 150
    18 to 24 years 150
    25 years and over 75
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 4265
    Number of persons not in census families 870
    Living with relatives 75
    Living with non-relatives only 105
    Living alone 690
    Number of census family persons 3390
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 930
    Number of persons not in census families aged 65 years and over 420
    Living with relatives 20
    Living with non-relatives only 10
    Living alone 395
    Number of census family persons aged 65 years and over 510
    Total number of private households by household type 1940
    Census-family households 1200
    One-family-only households 1130
    Couple-family households 985
    Without children 565
    With children 415
    Lone-parent-family households 145
    Other family households 70
    One-family households with persons not in a census family 55
    Couple-family households 35
    Without children 20
    With children 15
    Lone-parent-family households 20
    Two-or-more-family households 15
    Non-census-family households 745
    One-person households 685
    Two-or-more-person households 55
    Total number of occupied private dwellings by structural type of dwelling 1945
    Single-detached house 1545
    Apartment, building that has five or more storeys 0
    Movable dwelling 10
    Other dwelling 385
    Semi-detached house 40
    Row house 5
    Apartment, duplex 40
    Apartment, building that has fewer than five storeys 300
    Other single-attached house 0
    Total number of private households by household size 1940
    1 person 690
    2 persons 690
    3 persons 245
    4 persons 195
    5 persons 85
    6 or more persons 40
    Number of persons in private households 4265
    Average number of persons in private households 2.2
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?