Real Estate Market Report for
Steinbach, MB

Updated : Aug 2016
House
  • Median price $279,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 2.54%
Apartment
  • Median price $169,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.40%
Steinbach Home Price

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When looking across the province, Steinbach is the 70th most expensive in Manitoba.

Want a cheaply priced house? Then at $279,900 this month, Steinbach, Manitoba is probably not for you price wise.

If you’re looking at investment properties in Steinbach, then you’re most likely to find homes with 3 bedrooms on sale this month.

According to our stats, Steinbach is the neighbourhood that has the 3rd most properties available to real estate investors in Manitoba.

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

Over the last three months in Steinbach, housing stock available seems to be falling – this could mean that homes values might increase faster.

Canada’s national median home listing price this month is $244,900, which means that Steinbach is in the bottom 40% for Canada.

With Steinbach’s median house price at $169,900 in Aug , it is below average compared to the rest of Manitoba.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Steinbach has a huge choice compared to the rest of the province

It’s never an exact art, but to try to forecast how property is going to appreciate in Steinbach for investors, it’s important to look at data like:

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Steinbach, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 27, this month we show 21.

Beds Median price (House) Median price (Apartment)
1 bedroom $179,750 $143,400
2 bedrooms $244,900 $172,900
3 bedrooms $274,900 $162,400
4 bedrooms $299,900
5 bedrooms $345,000
6 bedrooms $374,900
Demographics
  • Population in 201113524
  • Population in 200611066
  • 2006 to 2011 population change (%)22.2
  • Total private dwellings5243
  • Private dwellings occupied by usual residents5098
  • Population density per square kilometre528.9
  • Land area (square km)25.57
  • Age Characteristics
    Total population by age groups 13525
    0 to 4 years 1150
    5 to 9 years 905
    10 to 14 years 810
    15 to 19 years 895
    15 years 185
    16 years 155
    17 years 180
    18 years 195
    19 years 175
    20 to 24 years 1020
    25 to 29 years 1055
    30 to 34 years 955
    35 to 39 years 840
    40 to 44 years 775
    45 to 49 years 850
    50 to 54 years 780
    55 to 59 years 710
    60 to 64 years 610
    65 to 69 years 500
    70 to 74 years 440
    75 to 79 years 430
    80 to 84 years 365
    85 years and over 430
    Median age of the population 34.8
    % of the population aged 15 and over 78.8
  • Marital Status
    Total population 15 years and over by marital status 10660
    Married or living with a common-law partner 6860
    Married (and not separated) 6425
    Living common-law 440
    Not married and not living with a common-law partner 3795
    Single (never legally married) 2465
    Separated 235
    Divorced 410
    Widowed 685
    Family Characteristics
    Total number of census families in private households 3770
    Size of census family: 2 persons 1850
    Size of census family: 3 persons 745
    Size of census family: 4 persons 720
    Size of census family: 5 or more persons 450
    Total number of census families in private households 3770
    Total couple families by family structure and number of children 3350
    Married couples 3130
    Without children at home 1510
    With children at home 1625
    1 child 560
    2 children 640
    3 or more children 420
    Common-law couples 220
    Without children at home 110
    With children at home 105
    1 child 45
    2 children 40
    3 or more children 20
    Total lone-parent families by sex of parent and number of children 420
    Female parent 350
    1 child 180
    2 children 125
    3 or more children 45
    Male parent 70
    1 child 45
    2 children 20
    3 or more children 5
    Total children in census families in private households 4145
    Under six years of age 1310
    6 to 14 years 1490
    15 to 17 years 505
    18 to 24 years 620
    25 years and over 220
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 13185
    Number of persons not in census families 1920
    Living with relatives 330
    Living with non-relatives only 390
    Living alone 1195
    Number of census family persons 11270
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 1925
    Number of persons not in census families aged 65 years and over 615
    Living with relatives 30
    Living with non-relatives only 10
    Living alone 575
    Number of census family persons aged 65 years and over 1315
    Total number of private households by household type 5100
    Census-family households 3715
    One-family-only households 3470
    Couple-family households 3135
    Without children 1520
    With children 1615
    Lone-parent-family households 335
    Other family households 245
    One-family households with persons not in a census family 190
    Couple-family households 135
    Without children 60
    With children 80
    Lone-parent-family households 50
    Two-or-more-family households 55
    Non-census-family households 1385
    One-person households 1200
    Two-or-more-person households 190
    Total number of occupied private dwellings by structural type of dwelling 5100
    Single-detached house 3050
    Apartment, building that has five or more storeys 260
    Movable dwelling 135
    Other dwelling 1655
    Semi-detached house 420
    Row house 230
    Apartment, duplex 210
    Apartment, building that has fewer than five storeys 790
    Other single-attached house 5
    Total number of private households by household size 5100
    1 person 1200
    2 persons 1835
    3 persons 770
    4 persons 745
    5 persons 360
    6 or more persons 190
    Number of persons in private households 13185
    Average number of persons in private households 2.6
Census 2011

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