Real Estate Market Report for
Raleigh, NL

Updated : May 2016
House
  • Median price $119,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 1.83%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Raleigh Home Price

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The median asking price in Raleigh is $119,000, quite a drop from the median three months ago which was $119,000 .

With Raleigh’s median house price at $119,000 in May , it is one of the cheapest neighbourhoods compared to the rest of Newfoundland and Labrador.

According to our stats, Raleigh is the neighbourhood that has the 130th most properties available to real estate investors in Newfoundland and Labrador.

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

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 Raleigh have stayed pretty much the same which would tend to indicate that demand is steady.

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $117,250
Demographics
  • Population in 2011201
  • Population in 2006248
  • 2006 to 2011 population change (%)-19
  • Total private dwellings109
  • Private dwellings occupied by usual residents89
  • Population density per square kilometre18.1
  • Land area (square km)11.12
  • Age Characteristics
    Total population by age groups 200
    0 to 4 years 5
    5 to 9 years 0
    10 to 14 years 0
    15 to 19 years 10
    15 years 5
    16 years 5
    17 years 5
    18 years 5
    19 years 5
    20 to 24 years 20
    25 to 29 years 5
    30 to 34 years 0
    35 to 39 years 5
    40 to 44 years 15
    45 to 49 years 20
    50 to 54 years 20
    55 to 59 years 20
    60 to 64 years 20
    65 to 69 years 15
    70 to 74 years 25
    75 to 79 years 5
    80 to 84 years 10
    85 years and over 5
    Median age of the population 53.6
    % of the population aged 15 and over 95
  • Marital Status
    Total population 15 years and over by marital status 190
    Married or living with a common-law partner 135
    Married (and not separated) 115
    Living common-law 20
    Not married and not living with a common-law partner 60
    Single (never legally married) 40
    Separated 0
    Divorced 0
    Widowed 15
    Family Characteristics
    Total number of census families in private households 75
    Size of census family: 2 persons 50
    Size of census family: 3 persons 15
    Size of census family: 4 persons 5
    Size of census family: 5 or more persons 0
    Total number of census families in private households 75
    Total couple families by family structure and number of children 65
    Married couples 55
    Without children at home 40
    With children at home 15
    1 child 10
    2 children 5
    3 or more children 0
    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 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 40
    Under six years of age 5
    6 to 14 years 5
    15 to 17 years 5
    18 to 24 years 20
    25 years and over 5
    Average number of children at home per census family 0.5
  • Household And Dwelling Characteristics
    Total number of persons in private households 205
    Number of persons not in census families 25
    Living with relatives 10
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons 175
    Average number of persons per census family 2.3
    Total number of persons 65 years and over in private households 55
    Number of persons not in census families aged 65 years and over 15
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 10
    Number of census family persons aged 65 years and over 40
    Total number of private households by household type 90
    Census-family households 70
    One-family-only households 65
    Couple-family households 60
    Without children 40
    With children 20
    Lone-parent-family households 5
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 20
    One-person households 15
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 85
    Single-detached house 90
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 0
    Semi-detached house 0
    Row house 0
    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 90
    1 person 15
    2 persons 45
    3 persons 20
    4 persons 10
    5 persons 0
    6 or more persons 5
    Number of persons in private households 205
    Average number of persons in private households 2.2
Census 2011

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