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Martensville, SK

Updated: Aug 2016
House
Median price $344,900
Monthly growth 43.14 %
Quarterly trend
Stock on market 3.42%
Apartment
Median price $223,100
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.30%

Martensville Home Price

Martensville was Canada’s 1089th most expensive suburb by listed median house price this month.

The median house price listed in Martensville this month is $344,900.

This month we track 12th neighbourhoods in Saskatchewan, and Martensville has the 12th most choice available for real estate investors.

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

Over the last three months in Martensville, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Martensville is number 465 putting it in the top half of the country .

In Aug the median listed house price of $223,100 in Martensville was a below average compared to the rest of Saskatchewan.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

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

In Martensville, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

Beds Median price (House) Median price (Apartment)
2 bedrooms $219,500 $224,908
3 bedrooms $349,791 $211,250
4 bedrooms $362,400
5 bedrooms $349,900
Demographics
  • Land area (square km)6.23
  • Population in 20117716
  • Population in 20064978
  • 2006 to 2011 population change (%)55
  • Total private dwellings2657
  • Private dwellings occupied by usual residents2611
  • Population density per square kilometre1239.3