Melville, SK

Updated: Aug 2016
House
Median price $138,900
Monthly growth -3.03 %
Quarterly trend
Stock on market 1.84%
Apartment
Median price $120,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.14%

Melville Home Price

Melville was Canada’s 4168th most expensive suburb by listed median house price this month.

When our research team crunched the numbers we calculated that Melville has a median home price of $138,900.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 2.

Saskatchewan has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

If you are looking at investment properties in Melville, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Melville is number 952 putting it behind most of Canada .

The median house price listed in Melville this month is $120,000.

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

According to our stats, Melville is the neighbourhood that has the 25th most properties available to real estate investors in Saskatchewan.

Saskatchewan has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Melville there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Beds Median price (House) Median price (Apartment)
1 bedroom $42,200
2 bedrooms $81,000
3 bedrooms $138,900
4 bedrooms $289,000
5 bedrooms $292,450
6 bedrooms $120,000
Demographics
  • Population in 20114517
  • Population in 20064149
  • 2006 to 2011 population change (%)8.9
  • Total private dwellings2114
  • Private dwellings occupied by usual residents1997
  • Population density per square kilometre304.8
  • Land area (square km)14.82