Nipawin, SK

Updated: Aug 2016
House
Median price $192,250
Monthly growth 7.85 %
Quarterly trend
Stock on market 2.78%
Apartment
Median price $349,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.10%

Nipawin Home Price

With Nipawin’s median house price at $192,250 in Aug , it is about average compared to the rest of Saskatchewan.

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

As one of Saskatchewan’s many potential real estate investment neighbourhoods, Nipawin needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

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.

Nipawin was Canada’s 127th most expensive suburb by listed median house price this month.

Nipawin, Saskatchewan has a median house price of $349,000 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 2.

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

In Nipawin, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
2 bedrooms $114,700 $349,000
3 bedrooms $238,950
4 bedrooms $214,900
5 bedrooms $181,500
6 bedrooms $339,700
Demographics
  • Population in 20114265
  • Population in 20064076
  • 2006 to 2011 population change (%)4.6
  • Total private dwellings2014
  • Private dwellings occupied by usual residents1941
  • Population density per square kilometre489.4
  • Land area (square km)8.71