Real Estate Market Report for
Elbow, SK

Home Top NeighbourhoodsElbow, Saskatchewan

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

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House Report
Apartment Report

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.

Research property data for another neighbourhood

Find a mortgage broker in Elbow, SK

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

Age Characteristics

Total population by age groups	315
0 to 4 years	10
5 to 9 years	10
10 to 14 years	15
15 to 19 years	15
15 years	0
16 years	5
17 years	5
18 years	5
19 years	0
20 to 24 years	10
25 to 29 years	15
30 to 34 years	5
35 to 39 years	10
40 to 44 years	15
45 to 49 years	15
50 to 54 years	35
55 to 59 years	35
60 to 64 years	40
65 to 69 years	25
70 to 74 years	25
75 to 79 years	20
80 to 84 years	15
85 years and over	5
Median age of the population	56.4
% of the population aged 15 and over	90.9

Marital Status

Total population 15 years and over by marital status	280
Married or living with a common-law partner	200
Married (and not separated)	175
Living common-law	25
Not married and not living with a common-law partner	80
Single (never legally married)	45
Separated	5
Divorced	10
Widowed	15

Family Characteristics

Total number of census families in private households	110
Size of census family: 2 persons	90
Size of census family: 3 persons	15
Size of census family: 4 persons	5
Size of census family: 5 or more persons	10
Total number of census families in private households	110
Total couple families by family structure and number of children	95
Married couples	85
Without children at home	70
With children at home	20
1 child	10
2 children	5
3 or more children	5
Common-law couples	10
Without children at home	5
With children at home	5
1 child	0
2 children	0
3 or more children	0
Total lone-parent families by sex of parent and number of children	10
Female parent	10
1 child	10
2 children	0
3 or more children	5
Male parent	0
1 child	0
2 children	0
3 or more children	0
Total children in census families in private households	65
Under six years of age	15
6 to 14 years	20
15 to 17 years	5
18 to 24 years	10
25 years and over	5
Average number of children at home per census family	0.5

Household And Dwelling Characteristics

Total number of persons in private households	315
Number of persons not in census families	40
Living with relatives	0
Living with non-relatives only	5
Living alone	40
Number of census family persons	275
Average number of persons per census family	2.5
Total number of persons 65 years and over in private households	95
Number of persons not in census families aged 65 years and over	15
Living with relatives	0
Living with non-relatives only	0
Living alone	15
Number of census family persons aged 65 years and over	80
Total number of private households by household type	150
Census-family households	110
One-family-only households	110
Couple-family households	100
Without children	80
With children	20
Lone-parent-family households	10
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	40
One-person households	40
Two-or-more-person households	0
Total number of occupied private dwellings by structural type of dwelling	150
Single-detached house	125
Apartment, building that has five or more storeys	0
Movable dwelling	5
Other dwelling	20
Semi-detached house	0
Row house	15
Apartment, duplex	0
Apartment, building that has fewer than five storeys	5
Other single-attached house	5
Total number of private households by household size	150
1 person	40
2 persons	85
3 persons	10
4 persons	10
5 persons	10
6 or more persons	5
Number of persons in private households	315
Average number of persons in private households	2.1