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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.

Find a mortgage broker in Gainsborough, SK
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

Age Characteristics

Total population by age groups 290
0 to 4 years 20
5 to 9 years 10
10 to 14 years 15
15 to 19 years 15
15 years 5
16 years 0
17 years 5
18 years 0
19 years 0
20 to 24 years 30
25 to 29 years 20
30 to 34 years 15
35 to 39 years 15
40 to 44 years 10
45 to 49 years 20
50 to 54 years 25
55 to 59 years 15
60 to 64 years 20
65 to 69 years 15
70 to 74 years 10
75 to 79 years 15
80 to 84 years 15
85 years and over 15
Median age of the population 46.2
% of the population aged 15 and over 83.8

Marital Status

Total population 15 years and over by marital status 245
Married or living with a common-law partner 145
Married (and not separated) 105
Living common-law 35
Not married and not living with a common-law partner 100
Single (never legally married) 50
Separated 5
Divorced 10
Widowed 35

Family Characteristics

Total number of census families in private households 75
Size of census family: 2 persons 45
Size of census family: 3 persons 10
Size of census family: 4 persons 10
Size of census family: 5 or more persons 10
Total number of census families in private households 75
Total couple families by family structure and number of children 70
Married couples 50
Without children at home 30
With children at home 20
1 child 5
2 children 5
3 or more children 10
Common-law couples 15
Without children at home 10
With children at home 10
1 child 5
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 5
Female parent 5
1 child 5
2 children 5
3 or more children 0
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 25
6 to 14 years 20
15 to 17 years 10
18 to 24 years 10
25 years and over 0
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 275
Number of persons not in census families 65
Living with relatives 5
Living with non-relatives only 5
Living alone 55
Number of census family persons 205
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 55
Number of persons not in census families aged 65 years and over 20
Living with relatives 0
Living with non-relatives only 0
Living alone 25
Number of census family persons aged 65 years and over 30
Total number of private households by household type 135
Census-family households 75
One-family-only households 70
Couple-family households 60
Without children 40
With children 25
Lone-parent-family households 10
Other family households 5
One-family households with persons not in a census family 5
Couple-family households 5
Without children 5
With children 0
Lone-parent-family households 0
Two-or-more-family households 0
Non-census-family households 60
One-person households 60
Two-or-more-person households 5
Total number of occupied private dwellings by structural type of dwelling 135
Single-detached house 120
Apartment, building that has five or more storeys 0
Movable dwelling 5
Other dwelling 5
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 10
Other single-attached house 0
Total number of private households by household size 135
1 person 60
2 persons 45
3 persons 10
4 persons 5
5 persons 10
6 or more persons 0
Number of persons in private households 270
Average number of persons in private households 2

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

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