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Melfort, SK

Updated: Aug 2016
House
Median price $213,000
Monthly growth 1.67 %
Quarterly trend
Stock on market 2.23%
Apartment
Median price $149,000
Monthly growth -0.30 %
Quarterly trend
Stock on market 0.20%

Melfort Home Price

Across the country as a whole, Melfort is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

In Aug the median listed house price of $213,000 in Melfort was an above average compared to the rest of Saskatchewan.

Melfort’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.

Saskatchewan has the sixth most amount of properties available to property investors, with Melfort having 17th most in the province, out of a total of 357.

Can we guarantee how well Melfort 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.

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.

With a median listing price of $149,000, Melfort is Canada’s 862th most expensive when ordered by median listing price.

Melfort, Saskatchewan has a median house price of $149,000 when compiling all the home listings in Aug .

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 1.

Saskatchewan has the fifth most amount of properties available to property investors, with Melfort having 18th most in the province, out of a total of 46.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Melfort 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.

Beds Median price (House) Median price (Apartment)
1 bedroom $138,500
2 bedrooms $120,750
3 bedrooms $189,000
4 bedrooms $220,000
5 bedrooms $347,000
6 bedrooms $411,950
Demographics
  • Population in 20115576
  • Population in 20065192
  • 2006 to 2011 population change (%)7.4
  • Total private dwellings2464
  • Private dwellings occupied by usual residents2379
  • Population density per square kilometre377.3
  • Land area (square km)14.78