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Melita, MB

Updated: Aug 2016
House
Median price $142,000
Monthly growth -5.30 %
Quarterly trend
Stock on market 5.94%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Melita Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Melita is number 4088 putting it behind most of Canada .

Want a cheaply priced house? Then at $142,000 this month, Melita, Manitoba is somewhere that you should look at price wise.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Melita has a huge choice compared to the rest of the province

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.

Over the last three months in Melita, housing stock available seems to be falling – this could mean that homes values might increase faster.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Melita there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
2 bedrooms $147,000
3 bedrooms $129,900
4 bedrooms $134,900
5 bedrooms $179,500
Demographics
  • Population in 20111069
  • Population in 20061051
  • 2006 to 2011 population change (%)1.7
  • Total private dwellings539
  • Private dwellings occupied by usual residents490
  • Population density per square kilometre361.1
  • Land area (square km)2.96