Real Estate Market Report for
Reidville, NL

Updated : Aug 2016
House
  • Median price $184,500
  • Monthly growth -7.28 %
  • Quarterly trend
  • Stock on market 1.05%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Reidville Home Price

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The median asking price in Reidville is $184,500, less than the median three months ago which was $211,500 .

When our research team crunched the numbers we calculated that Reidville has a median home price of $184,500.

There are 197 neighbourhoods that have more properties on sale than Reidville at the moment in Newfoundland and Labrador which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

Newfoundland and Labrador has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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 Reidville have dried up which would tend to indicate that demand is higher than the supply of new properties.

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

If you are looking at investment properties in Reidville, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
3 bedrooms $86,950
Demographics
  • Population in 2011474
  • Population in 2006511
  • 2006 to 2011 population change (%)-7.2
  • Total private dwellings190
  • Private dwellings occupied by usual residents174
  • Population density per square kilometre8.1
  • Land area (square km)58.41
  • Age Characteristics
    Total population by age groups 470
    0 to 4 years 25
    5 to 9 years 35
    10 to 14 years 25
    15 to 19 years 35
    15 years 10
    16 years 5
    17 years 10
    18 years 10
    19 years 5
    20 to 24 years 20
    25 to 29 years 10
    30 to 34 years 25
    35 to 39 years 30
    40 to 44 years 30
    45 to 49 years 45
    50 to 54 years 35
    55 to 59 years 45
    60 to 64 years 45
    65 to 69 years 35
    70 to 74 years 15
    75 to 79 years 10
    80 to 84 years 5
    85 years and over 5
    Median age of the population 45.4
    % of the population aged 15 and over 82.5
  • Marital Status
    Total population 15 years and over by marital status 390
    Married or living with a common-law partner 280
    Married (and not separated) 250
    Living common-law 30
    Not married and not living with a common-law partner 110
    Single (never legally married) 75
    Separated 5
    Divorced 15
    Widowed 10
    Family Characteristics
    Total number of census families in private households 160
    Size of census family: 2 persons 85
    Size of census family: 3 persons 35
    Size of census family: 4 persons 30
    Size of census family: 5 or more persons 10
    Total number of census families in private households 160
    Total couple families by family structure and number of children 140
    Married couples 125
    Without children at home 65
    With children at home 55
    1 child 25
    2 children 25
    3 or more children 5
    Common-law couples 15
    Without children at home 5
    With children at home 5
    1 child 5
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 20
    Female parent 15
    1 child 10
    2 children 10
    3 or more children 5
    Male parent 5
    1 child 5
    2 children 5
    3 or more children 0
    Total children in census families in private households 140
    Under six years of age 30
    6 to 14 years 50
    15 to 17 years 20
    18 to 24 years 25
    25 years and over 15
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 475
    Number of persons not in census families 35
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 15
    Number of census family persons 440
    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 10
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 5
    Number of census family persons aged 65 years and over 70
    Total number of private households by household type 175
    Census-family households 155
    One-family-only households 140
    Couple-family households 130
    Without children 65
    With children 55
    Lone-parent-family households 15
    Other family households 15
    One-family households with persons not in a census family 10
    Couple-family households 10
    Without children 5
    With children 5
    Lone-parent-family households 5
    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 175
    Single-detached house 175
    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 175
    1 person 20
    2 persons 75
    3 persons 35
    4 persons 35
    5 persons 10
    6 or more persons 0
    Number of persons in private households 475
    Average number of persons in private households 2.7
Census 2011

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