Real Estate Market Report for
Norquay, SK

Updated : Aug 2016
House
  • Median price $287,000
  • Monthly growth 2.50 %
  • Quarterly trend
  • Stock on market 4.11%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Norquay Home Price

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When looking across the province, Norquay is the 88th most expensive in Saskatchewan.

Want a cheaply priced house? Then at $287,000 this month, Norquay, Saskatchewan is probably not for you 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.

From our data, it appears that neighbourhood is number 2137th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.

As one of Saskatchewan’s many potential real estate investment neighbourhoods, Norquay 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 increased it looks like housing market forces in neighbourhood are likely to drive prices down.

When we look at the data we have, it can help with trying to establish whether or not Norquay is a good investment target.

Beds Median price (House) Median price (Apartment)
3 bedrooms $295,000
4 bedrooms $373,000
Demographics
  • Population in 2011435
  • Population in 2006412
  • 2006 to 2011 population change (%)5.6
  • Total private dwellings219
  • Private dwellings occupied by usual residents207
  • Population density per square kilometre258
  • Land area (square km)1.69
  • Age Characteristics
    Total population by age groups 435
    0 to 4 years 20
    5 to 9 years 20
    10 to 14 years 20
    15 to 19 years 25
    15 years 5
    16 years 5
    17 years 5
    18 years 10
    19 years 0
    20 to 24 years 20
    25 to 29 years 15
    30 to 34 years 25
    35 to 39 years 25
    40 to 44 years 15
    45 to 49 years 20
    50 to 54 years 30
    55 to 59 years 20
    60 to 64 years 30
    65 to 69 years 25
    70 to 74 years 20
    75 to 79 years 25
    80 to 84 years 35
    85 years and over 50
    Median age of the population 53.2
    % of the population aged 15 and over 86.9
  • Marital Status
    Total population 15 years and over by marital status 375
    Married or living with a common-law partner 200
    Married (and not separated) 180
    Living common-law 20
    Not married and not living with a common-law partner 180
    Single (never legally married) 70
    Separated 5
    Divorced 15
    Widowed 85
    Family Characteristics
    Total number of census families in private households 110
    Size of census family: 2 persons 70
    Size of census family: 3 persons 10
    Size of census family: 4 persons 25
    Size of census family: 5 or more persons 10
    Total number of census families in private households 115
    Total couple families by family structure and number of children 95
    Married couples 85
    Without children at home 55
    With children at home 35
    1 child 5
    2 children 15
    3 or more children 5
    Common-law couples 10
    Without children at home 5
    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 15
    Female parent 10
    1 child 5
    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 100
    Under six years of age 25
    6 to 14 years 30
    15 to 17 years 10
    18 to 24 years 20
    25 years and over 10
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 405
    Number of persons not in census families 100
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 95
    Number of census family persons 310
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 130
    Number of persons not in census families aged 65 years and over 75
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 70
    Number of census family persons aged 65 years and over 60
    Total number of private households by household type 210
    Census-family households 110
    One-family-only households 110
    Couple-family households 95
    Without children 60
    With children 35
    Lone-parent-family households 15
    Other family households 5
    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 95
    One-person households 95
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 210
    Single-detached house 175
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 30
    Semi-detached house 0
    Row house 15
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 10
    Other single-attached house 0
    Total number of private households by household size 205
    1 person 95
    2 persons 65
    3 persons 10
    4 persons 20
    5 persons 5
    6 or more persons 0
    Number of persons in private households 405
    Average number of persons in private households 2
Census 2011

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