Elbow, SK

Updated: Aug 2016
House
Median price $168,500
Monthly growth -10.84 %
Quarterly trend
Stock on market 4.98%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Elbow Home Price

The $168,500 price tag on the median Elbow home means that it is below the national norm.

If you’re looking at investment properties in Elbow, then you’re most likely to find homes with 2 bedrooms on sale this month.

This month we track 84th neighbourhoods in Saskatchewan, and Elbow has the 84th most choice available for real estate investors.

As one of Saskatchewan’s many potential real estate investment neighbourhoods, Elbow 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 Elbow, housing stock available seems to be falling – this could mean that homes values might increase faster.

Will prices rise across the next year in in Elbow? There are a number of real estate indicators to consider.

Beds Median price (House) Median price (Apartment)
2 bedrooms $164,900
3 bedrooms $178,750
4 bedrooms $193,950
Demographics
  • Population in 2011314
  • Population in 2006294
  • 2006 to 2011 population change (%)6.8
  • Total private dwellings261
  • Private dwellings occupied by usual residents151
  • Population density per square kilometre80.1
  • Land area (square km)3.92