Stonewall, MB

Updated: Aug 2016
House
Median price $374,900
Monthly growth -1.31 %
Quarterly trend
Stock on market 1.49%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Stonewall Home Price

The median asking price in Stonewall is $374,900, a substantial increase over the median three months ago which was $404,950 .

Stonewall, Manitoba has a median house price of $374,900 when compiling all the home listings in Aug .

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

According to our stats, Stonewall is the neighbourhood that has the 32th most properties available to real estate investors in Manitoba.

Can we guarantee how well Stonewall 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 Stonewall there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

As one of Manitoba’s many potential real estate investment neighbourhoods, Stonewall 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.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
3 bedrooms $349,900
4 bedrooms $399,900
Demographics
  • Population in 20114536
  • Population in 20064376
  • 2006 to 2011 population change (%)3.7
  • Total private dwellings1747
  • Private dwellings occupied by usual residents1715
  • Population density per square kilometre753.7
  • Land area (square km)6.02