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Neepawa, MB

Updated: Aug 2016
House
Median price $239,900
Monthly growth 2.12 %
Quarterly trend
Stock on market 1.64%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Neepawa Home Price

The median asking price in Neepawa is $239,900, pretty close to the median three months ago which was $196,000 .

The $239,900 price tag on the median Neepawa home means that it is about average price.

Investors looking for properties in Neepawa are most likely to find 4 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.

Manitoba has the sixth least amount of properties available to property investors, with Neepawa having 35th most in the province, out of a total of 250.

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

If you are looking at investment properties in Neepawa, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

Can we guarantee how well Neepawa is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Neepawa 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 $189,700
3 bedrooms $239,900
4 bedrooms $334,450
Demographics
  • Population density per square kilometre206.5
  • Land area (square km)17.57
  • Population in 20113629
  • Population in 20063298
  • 2006 to 2011 population change (%)10
  • Total private dwellings1528
  • Private dwellings occupied by usual residents1466