Gainsborough, SK

Updated: Aug 2016
House
Median price $140,700
Monthly growth -15.35 %
Quarterly trend
Stock on market 1.34%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Gainsborough Home Price

Canada’s national median home listing price this month is $290,900, which means that Gainsborough is in the bottom 40% for Canada.

When our research team crunched the numbers we calculated that Gainsborough has a median home price of $140,700.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

This month we track 303th neighbourhoods in Saskatchewan, and Gainsborough has the 303th most choice available for real estate investors.

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

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 Gainsborough, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 3, this month we show 2.

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
3 bedrooms $140,700
Demographics
  • Population in 2011291
  • Population in 2006250
  • 2006 to 2011 population change (%)16.4
  • Total private dwellings149
  • Private dwellings occupied by usual residents134
  • Population density per square kilometre333
  • Land area (square km)0.87