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Inuvik, NT

Updated: Jun 2016
House
Median price $127,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.13%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Inuvik Home Price

When looking across the province, Inuvik is the 1st most expensive in Northwest Territories.

In Jun the median listed house price of $127,000 in Inuvik was an impressive compared to the rest of Northwest Territories.

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

This month we track 1st neighbourhoods in Northwest Territories, and Inuvik has the 1st most choice available for real estate investors.

Is Inuvik a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Over the last three months in Inuvik, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Jun this neighbourhood’s most common listing the same as the national average.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Inuvik there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Find a mortgage broker in Inuvik, NT
Beds Median price (House) Median price (Apartment)
2 bedrooms $127,000
Demographics
  • Population in 20113463
  • Land area (square km)62.48
  • Population in 20063484
  • 2006 to 2011 population change (%)-0.6
  • Total private dwellings1549
  • Private dwellings occupied by usual residents1279
  • Population density per square kilometre55.4

Age Characteristics

Total population by age groups 3460
0 to 4 years 330
5 to 9 years 225
10 to 14 years 230
15 to 19 years 290
15 years 60
16 years 45
17 years 60
18 years 65
19 years 55
20 to 24 years 245
25 to 29 years 300
30 to 34 years 310
35 to 39 years 235
40 to 44 years 225
45 to 49 years 295
50 to 54 years 230
55 to 59 years 195
60 to 64 years 145
65 to 69 years 90
70 to 74 years 55
75 to 79 years 30
80 to 84 years 15
85 years and over 20
Median age of the population 31.7
% of the population aged 15 and over 77.4

Marital Status

Total population 15 years and over by marital status 2680
Married or living with a common-law partner 1420
Married (and not separated) 790
Living common-law 625
Not married and not living with a common-law partner 1265
Single (never legally married) 980
Separated 75
Divorced 130
Widowed 80

Family Characteristics

Total number of census families in private households 915
Size of census family: 2 persons 395
Size of census family: 3 persons 235
Size of census family: 4 persons 165
Size of census family: 5 or more persons 120
Total number of census families in private households 915
Total couple families by family structure and number of children 680
Married couples 370
Without children at home 135
With children at home 235
1 child 80
2 children 90
3 or more children 65
Common-law couples 315
Without children at home 125
With children at home 190
1 child 100
2 children 45
3 or more children 45
Total lone-parent families by sex of parent and number of children 230
Female parent 175
1 child 90
2 children 40
3 or more children 40
Male parent 60
1 child 40
2 children 15
3 or more children 0
Total children in census families in private households 1210
Under six years of age 370
6 to 14 years 400
15 to 17 years 150
18 to 24 years 200
25 years and over 90
Average number of children at home per census family 1.3

Household And Dwelling Characteristics

Total number of persons in private households 3400
Number of persons not in census families 595
Living with relatives 110
Living with non-relatives only 150
Living alone 335
Number of census family persons 2810
Average number of persons per census family 3.1
Total number of persons 65 years and over in private households 180
Number of persons not in census families aged 65 years and over 80
Living with relatives 15
Living with non-relatives only 5
Living alone 65
Number of census family persons aged 65 years and over 100
Total number of private households by household type 1280
Census-family households 875
One-family-only households 765
Couple-family households 595
Without children 220
With children 370
Lone-parent-family households 175
Other family households 110
One-family households with persons not in a census family 70
Couple-family households 45
Without children 15
With children 30
Lone-parent-family households 30
Two-or-more-family households 35
Non-census-family households 405
One-person households 340
Two-or-more-person households 65
Total number of occupied private dwellings by structural type of dwelling 1280
Single-detached house 550
Apartment, building that has five or more storeys 0
Movable dwelling 0
Other dwelling 730
Semi-detached house 85
Row house 275
Apartment, duplex 20
Apartment, building that has fewer than five storeys 350
Other single-attached house 5
Total number of private households by household size 1275
1 person 335
2 persons 360
3 persons 240
4 persons 180
5 persons 105
6 or more persons 60
Number of persons in private households 3405
Average number of persons in private households 2.7

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