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Rapid City, MB

Updated: Aug 2016
House
Median price $217,450
Monthly growth -2.04 %
Quarterly trend
Stock on market 3.24%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Rapid City Home Price

When looking across the province, Rapid City is the 117th most expensive in Manitoba.

With Rapid City’s median house price at $217,450 in Aug , it is about average compared to the rest of Manitoba.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

According to our stats, Rapid City is the neighbourhood that has the 117th most properties available to real estate investors in Manitoba.

Is Rapid City a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

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

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Find a mortgage broker in Rapid City, MB
Beds Median price (House) Median price (Apartment)
3 bedrooms $219,900
4 bedrooms $332,450
Demographics
  • Population in 2011417
  • Population in 2006416
  • 2006 to 2011 population change (%)0.2
  • Total private dwellings185
  • Private dwellings occupied by usual residents176
  • Population density per square kilometre77.5
  • Land area (square km)5.38

Age Characteristics

Total population by age groups 420
0 to 4 years 40
5 to 9 years 30
10 to 14 years 25
15 to 19 years 15
15 years 0
16 years 5
17 years 5
18 years 5
19 years 5
20 to 24 years 25
25 to 29 years 20
30 to 34 years 35
35 to 39 years 25
40 to 44 years 25
45 to 49 years 25
50 to 54 years 45
55 to 59 years 35
60 to 64 years 25
65 to 69 years 20
70 to 74 years 10
75 to 79 years 10
80 to 84 years 10
85 years and over 5
Median age of the population 38.6
% of the population aged 15 and over 76.9

Marital Status

Total population 15 years and over by marital status 320
Married or living with a common-law partner 220
Married (and not separated) 180
Living common-law 40
Not married and not living with a common-law partner 95
Single (never legally married) 50
Separated 5
Divorced 25
Widowed 15

Family Characteristics

Total number of census families in private households 125
Size of census family: 2 persons 70
Size of census family: 3 persons 20
Size of census family: 4 persons 25
Size of census family: 5 or more persons 10
Total number of census families in private households 125
Total couple families by family structure and number of children 110
Married couples 90
Without children at home 50
With children at home 40
1 child 10
2 children 20
3 or more children 10
Common-law couples 20
Without children at home 10
With children at home 10
1 child 5
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 15
Female parent 15
1 child 5
2 children 0
3 or more children 5
Male parent 0
1 child 5
2 children 0
3 or more children 0
Total children in census families in private households 120
Under six years of age 55
6 to 14 years 50
15 to 17 years 10
18 to 24 years 10
25 years and over 5
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 415
Number of persons not in census families 60
Living with relatives 0
Living with non-relatives only 5
Living alone 55
Number of census family persons 355
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 50
Number of persons not in census families aged 65 years and over 20
Living with relatives 0
Living with non-relatives only 0
Living alone 15
Number of census family persons aged 65 years and over 35
Total number of private households by household type 175
Census-family households 120
One-family-only households 120
Couple-family households 105
Without children 55
With children 45
Lone-parent-family households 15
Other family households 5
One-family households with persons not in a census family 0
Couple-family households 0
Without children 0
With children 0
Lone-parent-family households 0
Two-or-more-family households 0
Non-census-family households 55
One-person households 55
Two-or-more-person households 5
Total number of occupied private dwellings by structural type of dwelling 175
Single-detached house 160
Apartment, building that has five or more storeys 0
Movable dwelling 10
Other dwelling 10
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 5
Other single-attached house 0
Total number of private households by household size 175
1 person 50
2 persons 65
3 persons 25
4 persons 20
5 persons 10
6 or more persons 0
Number of persons in private households 415
Average number of persons in private households 2.3

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