Real Estate Market Report for
Richmound, SK

Updated : Aug 2016
House
  • Median price $59,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 4.23%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Richmound Home Price

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Richmound was Canada’s 5090th most expensive suburb by listed median house price this month.

Richmound, Saskatchewan has a median house price of $59,900 when compiling all the home listings in Aug .

Saskatchewan has the sixth most amount of properties available to property investors, with Richmound having 236th most in the province, out of a total of 357.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Richmound there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

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

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

Beds Median price (House) Median price (Apartment)
5 bedrooms $180,500
Demographics
  • Population in 2011154
  • Population in 2006159
  • 2006 to 2011 population change (%)-3.1
  • Total private dwellings71
  • Private dwellings occupied by usual residents62
  • Population density per square kilometre327.8
  • Land area (square km)0.47
  • Age Characteristics
    Total population by age groups 155
    0 to 4 years 15
    5 to 9 years 5
    10 to 14 years 5
    15 to 19 years 20
    15 years 5
    16 years 0
    17 years 5
    18 years 5
    19 years 0
    20 to 24 years 5
    25 to 29 years 10
    30 to 34 years 5
    35 to 39 years 10
    40 to 44 years 10
    45 to 49 years 25
    50 to 54 years 15
    55 to 59 years 10
    60 to 64 years 10
    65 to 69 years 15
    70 to 74 years 5
    75 to 79 years 0
    80 to 84 years 0
    85 years and over 0
    Median age of the population 39
    % of the population aged 15 and over 81.2
  • Marital Status
    Total population 15 years and over by marital status 125
    Married or living with a common-law partner 90
    Married (and not separated) 75
    Living common-law 15
    Not married and not living with a common-law partner 35
    Single (never legally married) 30
    Separated 5
    Divorced 5
    Widowed 0
    Family Characteristics
    Total number of census families in private households 45
    Size of census family: 2 persons 20
    Size of census family: 3 persons 5
    Size of census family: 4 persons 10
    Size of census family: 5 or more persons 5
    Total number of census families in private households 45
    Total couple families by family structure and number of children 45
    Married couples 35
    Without children at home 20
    With children at home 20
    1 child 10
    2 children 5
    3 or more children 5
    Common-law couples 10
    Without children at home 0
    With children at home 5
    1 child 0
    2 children 0
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 5
    Female parent 0
    1 child 0
    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 45
    Under six years of age 15
    6 to 14 years 15
    15 to 17 years 10
    18 to 24 years 5
    25 years and over 0
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 150
    Number of persons not in census families 15
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons 135
    Average number of persons per census family 3.1
    Total number of persons 65 years and over in private households 15
    Number of persons not in census families aged 65 years and over 0
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 0
    Number of census family persons aged 65 years and over 15
    Total number of private households by household type 65
    Census-family households 45
    One-family-only households 45
    Couple-family households 40
    Without children 20
    With children 20
    Lone-parent-family households 0
    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 20
    One-person households 15
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 65
    Single-detached house 65
    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 65
    1 person 15
    2 persons 25
    3 persons 5
    4 persons 10
    5 persons 5
    6 or more persons 5
    Number of persons in private households 150
    Average number of persons in private households 2.3
Census 2011

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