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Elkhorn, MB

Updated: Aug 2016
House
Median price $179,000
Monthly growth 138.98 %
Quarterly trend
Stock on market 1.30%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Elkhorn Home Price

With a median listing price of $179,000, Elkhorn is Canada’s 3320th most expensive when ordered by median listing price.

Elkhorn, Manitoba has a median house price of $179,000 when compiling all the home listings in Aug .

From our data, it appears that neighbourhood is number 3570th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 30.

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

Manitoba 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.

In Elkhorn, 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 $74,450
Demographics
  • Population in 2011471
  • Population in 2006461
  • 2006 to 2011 population change (%)2.2
  • Total private dwellings231
  • Private dwellings occupied by usual residents213
  • Population density per square kilometre172.6
  • Land area (square km)2.73