Real Estate Market Report for
River Hills, MB

Updated : Jun 2016
House
  • Median price $149,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.27%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
River Hills Home Price

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Across the country as a whole, River Hills is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

In Jun the median listed house price of $149,900 in River Hills was a below average compared to the rest of Manitoba.

This month we track 204th neighbourhoods in Manitoba, and River Hills has the 204th most choice available for real estate investors.

Manitoba 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.

In River Hills, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

As one of Manitoba’s many potential real estate investment neighbourhoods, River Hills 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.

If you are looking at investment properties in River Hills, 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)
2 bedrooms $149,900
Demographics
  • Population in 20111548
  • Population in 20061480
  • 2006 to 2011 population change (%)4.6
  • Total private dwellings745
  • Private dwellings occupied by usual residents597
  • Population density per square kilometre2.2
  • Land area (square km)703.02
  • Age Characteristics
    Total population by age groups 1545
    0 to 4 years 65
    5 to 9 years 85
    10 to 14 years 95
    15 to 19 years 110
    15 years 20
    16 years 20
    17 years 25
    18 years 25
    19 years 20
    20 to 24 years 85
    25 to 29 years 75
    30 to 34 years 80
    35 to 39 years 60
    40 to 44 years 85
    45 to 49 years 120
    50 to 54 years 135
    55 to 59 years 145
    60 to 64 years 110
    65 to 69 years 75
    70 to 74 years 75
    75 to 79 years 50
    80 to 84 years 50
    85 years and over 40
    Median age of the population 46.1
    % of the population aged 15 and over 83.7
  • Marital Status
    Total population 15 years and over by marital status 1295
    Married or living with a common-law partner 785
    Married (and not separated) 705
    Living common-law 75
    Not married and not living with a common-law partner 515
    Single (never legally married) 325
    Separated 20
    Divorced 75
    Widowed 90
    Family Characteristics
    Total number of census families in private households 405
    Size of census family: 2 persons 230
    Size of census family: 3 persons 65
    Size of census family: 4 persons 60
    Size of census family: 5 or more persons 45
    Total number of census families in private households 405
    Total couple families by family structure and number of children 370
    Married couples 330
    Without children at home 180
    With children at home 150
    1 child 55
    2 children 50
    3 or more children 40
    Common-law couples 40
    Without children at home 25
    With children at home 15
    1 child 0
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 40
    Female parent 25
    1 child 15
    2 children 5
    3 or more children 5
    Male parent 10
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 405
    Under six years of age 65
    6 to 14 years 145
    15 to 17 years 60
    18 to 24 years 95
    25 years and over 40
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 1420
    Number of persons not in census families 235
    Living with relatives 25
    Living with non-relatives only 20
    Living alone 190
    Number of census family persons 1185
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 265
    Number of persons not in census families aged 65 years and over 90
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 80
    Number of census family persons aged 65 years and over 170
    Total number of private households by household type 595
    Census-family households 400
    One-family-only households 380
    Couple-family households 350
    Without children 195
    With children 155
    Lone-parent-family households 30
    Other family households 20
    One-family households with persons not in a census family 15
    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 200
    One-person households 190
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 595
    Single-detached house 545
    Apartment, building that has five or more storeys 0
    Movable dwelling 30
    Other dwelling 20
    Semi-detached house 0
    Row house 0
    Apartment, duplex 10
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 10
    Total number of private households by household size 595
    1 person 185
    2 persons 220
    3 persons 70
    4 persons 65
    5 persons 35
    6 or more persons 25
    Number of persons in private households 1415
    Average number of persons in private households 2.4
Census 2011

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