Real Estate Market Report for
Oak Lake, MB

Updated : Aug 2016
House
  • Median price $194,500
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 5.03%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Oak Lake Home Price

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When looking across the province, Oak Lake is the 141th most expensive in Manitoba.

Oak Lake, Manitoba has a median house price of $194,500 when compiling all the home listings in Aug .

Across Manitoba Oak Lake has the 84th most properties on offer with 250.

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

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Oak Lake have stayed pretty much the same which would tend to indicate that demand is steady.

Can we guarantee how well Oak Lake is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Over the last three months in Oak Lake, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
3 bedrooms $241,750
Demographics
  • Population in 2011383
  • Population in 2006363
  • 2006 to 2011 population change (%)5.5
  • Total private dwellings179
  • Private dwellings occupied by usual residents166
  • Population density per square kilometre140.5
  • Land area (square km)2.73
  • Age Characteristics
    Total population by age groups 385
    0 to 4 years 25
    5 to 9 years 30
    10 to 14 years 20
    15 to 19 years 20
    15 years 0
    16 years 5
    17 years 10
    18 years 5
    19 years 5
    20 to 24 years 15
    25 to 29 years 30
    30 to 34 years 15
    35 to 39 years 15
    40 to 44 years 20
    45 to 49 years 20
    50 to 54 years 35
    55 to 59 years 30
    60 to 64 years 30
    65 to 69 years 30
    70 to 74 years 15
    75 to 79 years 15
    80 to 84 years 10
    85 years and over 5
    Median age of the population 43.9
    % of the population aged 15 and over 80.4
  • Marital Status
    Total population 15 years and over by marital status 305
    Married or living with a common-law partner 210
    Married (and not separated) 175
    Living common-law 40
    Not married and not living with a common-law partner 100
    Single (never legally married) 50
    Separated 5
    Divorced 25
    Widowed 20
    Family Characteristics
    Total number of census families in private households 110
    Size of census family: 2 persons 65
    Size of census family: 3 persons 15
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 15
    Total number of census families in private households 110
    Total couple families by family structure and number of children 100
    Married couples 85
    Without children at home 45
    With children at home 35
    1 child 10
    2 children 15
    3 or more children 10
    Common-law couples 20
    Without children at home 15
    With children at home 5
    1 child 0
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 10
    Female parent 5
    1 child 5
    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 105
    Under six years of age 30
    6 to 14 years 40
    15 to 17 years 15
    18 to 24 years 15
    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 385
    Number of persons not in census families 65
    Living with relatives 0
    Living with non-relatives only 15
    Living alone 50
    Number of census family persons 320
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 75
    Number of persons not in census families aged 65 years and over 30
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 30
    Number of census family persons aged 65 years and over 45
    Total number of private households by household type 165
    Census-family households 110
    One-family-only households 110
    Couple-family households 105
    Without children 60
    With children 40
    Lone-parent-family households 10
    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 55
    One-person households 50
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 170
    Single-detached house 120
    Apartment, building that has five or more storeys 0
    Movable dwelling 25
    Other dwelling 15
    Semi-detached house 0
    Row house 5
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 10
    Other single-attached house 5
    Total number of private households by household size 165
    1 person 45
    2 persons 70
    3 persons 15
    4 persons 20
    5 persons 10
    6 or more persons 0
    Number of persons in private households 380
    Average number of persons in private households 2.3
Census 2011

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