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Lockport, MB

Updated: Aug 2016
House
Median price $404,900
Monthly growth 12.50 %
Quarterly trend
Stock on market 0.17%
Apartment
Median price $284,900
Monthly growth 3.07 %
Quarterly trend
Stock on market 0.15%

Lockport Home Price

Lockport was Canada’s 726th most expensive suburb by listed median house price this month.

With Lockport’s median house price at $404,900 in Aug , it is high priced compared to the rest of Manitoba.

From our data, it appears that neighbourhood is number 2268th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.

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

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

The median asking price in Lockport is $284,900, an improvement on the median three months ago which was $262,400 .

The $284,900 price tag on the median Lockport home means that it is above the cost of most houses in the country.

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

According to our stats, Lockport is the neighbourhood that has the 9th most properties available to real estate investors in Manitoba.

When we look at the data we have, it can help with trying to establish whether or not Lockport is a good investment target.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lockport there is more stock than three months ago. This would indicate pressure on prices easing.

Find a mortgage broker in Lockport, MB
Beds Median price (House) Median price (Apartment)
2 bedrooms $284,900
3 bedrooms $444,900
4 bedrooms $437,400
Demographics
  • Land area (square km)752.7
  • Population in 201111875
  • Population in 200611359
  • 2006 to 2011 population change (%)4.5
  • Total private dwellings4625
  • Private dwellings occupied by usual residents4259
  • Population density per square kilometre15.8

Age Characteristics

Total population by age groups 11875
0 to 4 years 540
5 to 9 years 715
10 to 14 years 770
15 to 19 years 965
15 years 225
16 years 190
17 years 180
18 years 180
19 years 190
20 to 24 years 675
25 to 29 years 485
30 to 34 years 490
35 to 39 years 690
40 to 44 years 895
45 to 49 years 1175
50 to 54 years 1150
55 to 59 years 965
60 to 64 years 845
65 to 69 years 615
70 to 74 years 430
75 to 79 years 265
80 to 84 years 135
85 years and over 65
Median age of the population 43.6
% of the population aged 15 and over 83

Marital Status

Total population 15 years and over by marital status 9855
Married or living with a common-law partner 6690
Married (and not separated) 5870
Living common-law 820
Not married and not living with a common-law partner 3165
Single (never legally married) 2320
Separated 160
Divorced 345
Widowed 345

Family Characteristics

Total number of census families in private households 3650
Size of census family: 2 persons 1740
Size of census family: 3 persons 740
Size of census family: 4 persons 850
Size of census family: 5 or more persons 320
Total number of census families in private households 3650
Total couple families by family structure and number of children 3305
Married couples 2895
Without children at home 1300
With children at home 1595
1 child 555
2 children 760
3 or more children 275
Common-law couples 410
Without children at home 215
With children at home 190
1 child 90
2 children 65
3 or more children 35
Total lone-parent families by sex of parent and number of children 345
Female parent 250
1 child 155
2 children 70
3 or more children 25
Male parent 95
1 child 60
2 children 25
3 or more children 10
Total children in census families in private households 3820
Under six years of age 645
6 to 14 years 1290
15 to 17 years 570
18 to 24 years 910
25 years and over 400
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 11740
Number of persons not in census families 965
Living with relatives 200
Living with non-relatives only 145
Living alone 620
Number of census family persons 10770
Average number of persons per census family 3
Total number of persons 65 years and over in private households 1515
Number of persons not in census families aged 65 years and over 305
Living with relatives 55
Living with non-relatives only 15
Living alone 235
Number of census family persons aged 65 years and over 1205
Total number of private households by household type 4260
Census-family households 3570
One-family-only households 3350
Couple-family households 3095
Without children 1435
With children 1665
Lone-parent-family households 250
Other family households 225
One-family households with persons not in a census family 145
Couple-family households 100
Without children 25
With children 70
Lone-parent-family households 40
Two-or-more-family households 75
Non-census-family households 690
One-person households 620
Two-or-more-person households 65
Total number of occupied private dwellings by structural type of dwelling 4260
Single-detached house 4010
Apartment, building that has five or more storeys 0
Movable dwelling 210
Other dwelling 40
Semi-detached house 0
Row house 5
Apartment, duplex 0
Apartment, building that has fewer than five storeys 30
Other single-attached house 5
Total number of private households by household size 4255
1 person 625
2 persons 1635
3 persons 730
4 persons 855
5 persons 300
6 or more persons 115
Number of persons in private households 11740
Average number of persons in private households 2.8

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

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