Real Estate Market Report for
Lumsden, SK

Home Top NeighbourhoodsLumsden, Saskatchewan

Updated : Aug 2016

House

Median price $449,900
Monthly growth 124.95 %
Quarterly trend
Stock on market 2.72%

Apartment

Median price $374,450
Monthly growth 17.97 %
Quarterly trend
Stock on market 0.32%

Lumsden Home Price

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House Report
Apartment Report

When looking across the province, Lumsden is the 13th most expensive in Saskatchewan.

Want a cheaply priced house? Then at $449,900 this month, Lumsden, Saskatchewan is definitely not for you price wise.

Investors looking for properties in Lumsden are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.

According to our stats, Lumsden is the neighbourhood that has the 66th most properties available to real estate investors in Saskatchewan.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Lumsden will hopefully provide an indicator to help you where to research in-depth

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

When looking across the province, Lumsden is the 2nd most expensive in Saskatchewan.

Lumsden, Saskatchewan has a median house price of $374,450 when compiling all the home listings in Aug .

Across Saskatchewan Lumsden has the 31th most properties on offer with 46.

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

In Lumsden, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

Research property data for another neighbourhood

Find a mortgage broker in Lumsden, SK

Beds	Median price (House)	Median price (Apartment)
3 bedrooms	$514,900
4 bedrooms	$744,900

Demographics

Population in 20111631
Population in 20061523
2006 to 2011 population change (%)7.1
Total private dwellings626
Private dwellings occupied by usual residents608
Population density per square kilometre402
Land area (square km)4.06

Age Characteristics

Total population by age groups	1630
0 to 4 years	85
5 to 9 years	100
10 to 14 years	115
15 to 19 years	140
15 years	25
16 years	30
17 years	30
18 years	30
19 years	25
20 to 24 years	80
25 to 29 years	60
30 to 34 years	110
35 to 39 years	90
40 to 44 years	90
45 to 49 years	150
50 to 54 years	145
55 to 59 years	120
60 to 64 years	95
65 to 69 years	85
70 to 74 years	40
75 to 79 years	45
80 to 84 years	40
85 years and over	35
Median age of the population	42.4
% of the population aged 15 and over	81.7

Marital Status

Total population 15 years and over by marital status	1335
Married or living with a common-law partner	870
Married (and not separated)	800
Living common-law	70
Not married and not living with a common-law partner	465
Single (never legally married)	290
Separated	25
Divorced	50
Widowed	100

Family Characteristics

Total number of census families in private households	485
Size of census family: 2 persons	235
Size of census family: 3 persons	80
Size of census family: 4 persons	135
Size of census family: 5 or more persons	40
Total number of census families in private households	480
Total couple families by family structure and number of children	430
Married couples	400
Without children at home	190
With children at home	210
1 child	65
2 children	115
3 or more children	30
Common-law couples	30
Without children at home	20
With children at home	20
1 child	10
2 children	5
3 or more children	5
Total lone-parent families by sex of parent and number of children	50
Female parent	40
1 child	20
2 children	10
3 or more children	10
Male parent	10
1 child	10
2 children	5
3 or more children	5
Total children in census families in private households	520
Under six years of age	105
6 to 14 years	185
15 to 17 years	90
18 to 24 years	110
25 years and over	35
Average number of children at home per census family	1.1

Household And Dwelling Characteristics

Total number of persons in private households	1600
Number of persons not in census families	160
Living with relatives	25
Living with non-relatives only	15
Living alone	125
Number of census family persons	1440
Average number of persons per census family	3
Total number of persons 65 years and over in private households	225
Number of persons not in census families aged 65 years and over	70
Living with relatives	5
Living with non-relatives only	0
Living alone	65
Number of census family persons aged 65 years and over	155
Total number of private households by household type	610
Census-family households	480
One-family-only households	455
Couple-family households	415
Without children	195
With children	225
Lone-parent-family households	40
Other family households	20
One-family households with persons not in a census family	15
Couple-family households	10
Without children	5
With children	5
Lone-parent-family households	5
Two-or-more-family households	5
Non-census-family households	130
One-person households	125
Two-or-more-person households	5
Total number of occupied private dwellings by structural type of dwelling	610
Single-detached house	510
Apartment, building that has five or more storeys	0
Movable dwelling	35
Other dwelling	70
Semi-detached house	5
Row house	5
Apartment, duplex	10
Apartment, building that has fewer than five storeys	40
Other single-attached house	10
Total number of private households by household size	605
1 person	125
2 persons	225
3 persons	85
4 persons	125
5 persons	30
6 or more persons	20
Number of persons in private households	1600
Average number of persons in private households	2.6