Little Rapids, NL

Updated: Sep 2015
House
Median price $294,000
Monthly growth 5.37 %
Quarterly trend
Stock on market 0.31%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Little Rapids Home Price

The $294,000 price tag on the median Little Rapids home means that it is above the cost of most houses in the country.

This month we track 148th neighbourhoods in Newfoundland and Labrador, and Little Rapids has the 148th most choice available for real estate investors.

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

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Little Rapids have stayed pretty much the same which would tend to indicate that demand is steady.

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

Over the last three months in Little Rapids, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
3 bedrooms $229,000
Demographics
  • 2006 to 2011 population change (%)30.8
  • Total private dwellings637
  • Private dwellings occupied by usual residents254
  • Population density per square kilometre0.8
  • Land area (square km)822.27
  • Population in 2011632
  • Population in 2006483