Real Estate Market Report for
The Pas, MB

Updated : Aug 2016
House
  • Median price $261,950
  • Monthly growth 14.38 %
  • Quarterly trend
  • Stock on market 0.43%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
The Pas Home Price

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When looking across the province, The Pas is the 87th most expensive in Manitoba.

When our research team crunched the numbers we calculated that The Pas has a median home price of $261,950.

If you’re looking at investment properties in The Pas, then you’re most likely to find homes with 4 bedrooms on sale this month.

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

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

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 Manitoba’s many potential real estate investment neighbourhoods, The Pas 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.

Over the last three months in The Pas, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
3 bedrooms $289,000
4 bedrooms $254,000
Demographics
  • Population in 20115513
  • Population in 20065589
  • 2006 to 2011 population change (%)-1.4
  • Total private dwellings2324
  • Private dwellings occupied by usual residents2188
  • Population density per square kilometre115.3
  • Land area (square km)47.83
  • Age Characteristics
    Total population by age groups 5515
    0 to 4 years 470
    5 to 9 years 425
    10 to 14 years 435
    15 to 19 years 375
    15 years 85
    16 years 70
    17 years 85
    18 years 60
    19 years 75
    20 to 24 years 385
    25 to 29 years 365
    30 to 34 years 370
    35 to 39 years 380
    40 to 44 years 385
    45 to 49 years 340
    50 to 54 years 395
    55 to 59 years 335
    60 to 64 years 290
    65 to 69 years 180
    70 to 74 years 135
    75 to 79 years 100
    80 to 84 years 75
    85 years and over 75
    Median age of the population 34.1
    % of the population aged 15 and over 75.9
  • Marital Status
    Total population 15 years and over by marital status 4190
    Married or living with a common-law partner 2215
    Married (and not separated) 1645
    Living common-law 575
    Not married and not living with a common-law partner 1965
    Single (never legally married) 1355
    Separated 135
    Divorced 235
    Widowed 240
    Family Characteristics
    Total number of census families in private households 1480
    Size of census family: 2 persons 710
    Size of census family: 3 persons 320
    Size of census family: 4 persons 300
    Size of census family: 5 or more persons 155
    Total number of census families in private households 1480
    Total couple families by family structure and number of children 1085
    Married couples 805
    Without children at home 380
    With children at home 420
    1 child 140
    2 children 200
    3 or more children 85
    Common-law couples 280
    Without children at home 125
    With children at home 160
    1 child 70
    2 children 50
    3 or more children 40
    Total lone-parent families by sex of parent and number of children 390
    Female parent 315
    1 child 155
    2 children 90
    3 or more children 70
    Male parent 80
    1 child 45
    2 children 25
    3 or more children 10
    Total children in census families in private households 1840
    Under six years of age 540
    6 to 14 years 730
    15 to 17 years 225
    18 to 24 years 230
    25 years and over 115
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 5410
    Number of persons not in census families 1005
    Living with relatives 170
    Living with non-relatives only 165
    Living alone 665
    Number of census family persons 4405
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 520
    Number of persons not in census families aged 65 years and over 230
    Living with relatives 35
    Living with non-relatives only 25
    Living alone 175
    Number of census family persons aged 65 years and over 295
    Total number of private households by household type 2185
    Census-family households 1445
    One-family-only households 1290
    Couple-family households 985
    Without children 455
    With children 530
    Lone-parent-family households 305
    Other family households 150
    One-family households with persons not in a census family 115
    Couple-family households 65
    Without children 35
    With children 35
    Lone-parent-family households 45
    Two-or-more-family households 35
    Non-census-family households 745
    One-person households 670
    Two-or-more-person households 80
    Total number of occupied private dwellings by structural type of dwelling 2190
    Single-detached house 1215
    Apartment, building that has five or more storeys 25
    Movable dwelling 150
    Other dwelling 800
    Semi-detached house 115
    Row house 95
    Apartment, duplex 30
    Apartment, building that has fewer than five storeys 555
    Other single-attached house 0
    Total number of private households by household size 2190
    1 person 670
    2 persons 675
    3 persons 330
    4 persons 310
    5 persons 130
    6 or more persons 85
    Number of persons in private households 5410
    Average number of persons in private households 2.5
Census 2011

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