Herbert, SK

Updated: Aug 2016
House
Median price $141,000
Monthly growth -2.42 %
Quarterly trend
Stock on market 2.48%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Herbert Home Price

The median asking price in Herbert is $141,000, less than the median three months ago which was $108,000 .

In Aug the median listed house price of $141,000 in Herbert was a below average compared to the rest of Saskatchewan.

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

According to our stats, Herbert is the neighbourhood that has the 132th most properties available to real estate investors in Saskatchewan.

Can we guarantee how well Herbert is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Herbert there is more stock than three months ago. This would indicate pressure on prices easing.

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.

When we look at the data we have, it can help with trying to establish whether or not Herbert is a good investment target.

Over the last three months in Herbert, 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)
2 bedrooms $74,750
3 bedrooms $165,950
Demographics
  • Population in 2011759
  • Population in 2006742
  • 2006 to 2011 population change (%)2.3
  • Total private dwellings323
  • Private dwellings occupied by usual residents304
  • Population density per square kilometre200.7
  • Land area (square km)3.78