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Neepawa, MB

Updated: Aug 2016
House
Median price $239,900
Monthly growth 2.12 %
Quarterly trend
Stock on market 1.64%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Neepawa Home Price

The median asking price in Neepawa is $239,900, pretty close to the median three months ago which was $196,000 .

The $239,900 price tag on the median Neepawa home means that it is about average price.

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

Manitoba has the sixth least amount of properties available to property investors, with Neepawa having 35th most in the province, out of a total of 250.

When we look at the data we have, it can help with trying to establish whether or not Neepawa is a good investment target.

If you are looking at investment properties in Neepawa, 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.

Can we guarantee how well Neepawa 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Neepawa 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 Neepawa, MB
Beds Median price (House) Median price (Apartment)
2 bedrooms $189,700
3 bedrooms $239,900
4 bedrooms $334,450
Demographics
  • Population density per square kilometre206.5
  • Land area (square km)17.57
  • Population in 20113629
  • Population in 20063298
  • 2006 to 2011 population change (%)10
  • Total private dwellings1528
  • Private dwellings occupied by usual residents1466

Age Characteristics

Total population by age groups 3630
0 to 4 years 135
5 to 9 years 170
10 to 14 years 205
15 to 19 years 180
15 years 35
16 years 40
17 years 35
18 years 30
19 years 30
20 to 24 years 185
25 to 29 years 250
30 to 34 years 245
35 to 39 years 240
40 to 44 years 230
45 to 49 years 230
50 to 54 years 225
55 to 59 years 230
60 to 64 years 250
65 to 69 years 165
70 to 74 years 155
75 to 79 years 165
80 to 84 years 150
85 years and over 215
Median age of the population 44.4
% of the population aged 15 and over 85.8

Marital Status

Total population 15 years and over by marital status 3115
Married or living with a common-law partner 1890
Married (and not separated) 1685
Living common-law 205
Not married and not living with a common-law partner 1230
Single (never legally married) 660
Separated 70
Divorced 145
Widowed 350

Family Characteristics

Total number of census families in private households 1010
Size of census family: 2 persons 610
Size of census family: 3 persons 190
Size of census family: 4 persons 155
Size of census family: 5 or more persons 55
Total number of census families in private households 1010
Total couple families by family structure and number of children 885
Married couples 785
Without children at home 480
With children at home 305
1 child 120
2 children 130
3 or more children 50
Common-law couples 100
Without children at home 60
With children at home 40
1 child 20
2 children 15
3 or more children 5
Total lone-parent families by sex of parent and number of children 125
Female parent 95
1 child 45
2 children 35
3 or more children 15
Male parent 30
1 child 15
2 children 10
3 or more children 5
Total children in census families in private households 805
Under six years of age 165
6 to 14 years 345
15 to 17 years 110
18 to 24 years 135
25 years and over 55
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 3400
Number of persons not in census families 705
Living with relatives 70
Living with non-relatives only 200
Living alone 440
Number of census family persons 2700
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 680
Number of persons not in census families aged 65 years and over 245
Living with relatives 15
Living with non-relatives only 5
Living alone 235
Number of census family persons aged 65 years and over 435
Total number of private households by household type 1465
Census-family households 980
One-family-only households 885
Couple-family households 770
Without children 470
With children 305
Lone-parent-family households 110
Other family households 95
One-family households with persons not in a census family 70
Couple-family households 55
Without children 35
With children 30
Lone-parent-family households 10
Two-or-more-family households 25
Non-census-family households 490
One-person households 440
Two-or-more-person households 45
Total number of occupied private dwellings by structural type of dwelling 1465
Single-detached house 1115
Apartment, building that has five or more storeys 0
Movable dwelling 80
Other dwelling 270
Semi-detached house 30
Row house 50
Apartment, duplex 10
Apartment, building that has fewer than five storeys 180
Other single-attached house 0
Total number of private households by household size 1465
1 person 440
2 persons 555
3 persons 195
4 persons 175
5 persons 60
6 or more persons 35
Number of persons in private households 3400
Average number of persons in private households 2.3

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