Musgravetown, NL

Updated: Aug 2016
House
Median price $142,200
Monthly growth
Quarterly trend
Stock on market 0.72%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Musgravetown Home Price

When looking across the province, Musgravetown is the 149th most expensive in Newfoundland and Labrador.

Want a cheaply priced house? Then at $142,200 this month, Musgravetown, Newfoundland and Labrador is somewhere that you should look at price wise.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

Across Newfoundland and Labrador Musgravetown has the 138th most properties on offer with 197.

It’s never an exact art, but to try to forecast how property is going to appreciate in Musgravetown for investors, it’s important to look at data like:

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

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

It’s never an exact art, but to try to forecast how property is going to appreciate in Musgravetown for investors, it’s important to look at data like:

In Musgravetown, 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)
3 bedrooms $142,200
Demographics
  • Population in 2011556
  • Population in 2006583
  • 2006 to 2011 population change (%)-4.6
  • Total private dwellings278
  • Private dwellings occupied by usual residents232
  • Population density per square kilometre40.8
  • Land area (square km)13.63