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Prince Rupert, BC

Updated: Aug 2016
House
Median price $268,000
Monthly growth -2.18 %
Quarterly trend
Stock on market 1.56%
Apartment
Median price $271,500
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.10%

Prince Rupert Home Price

With a median listing price of $268,000, Prince Rupert is Canada’s 1856th most expensive when ordered by median listing price.

The median house price listed in Prince Rupert this month is $268,000.

If you’re looking at investment properties in Prince Rupert, then you’re most likely to find homes with 3 bedrooms on sale this month.

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

In Prince Rupert, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

The median asking price in Prince Rupert is $271,500, an improvement on the median three months ago which was $172,000 .

In Aug the median listed house price of $271,500 in Prince Rupert was a below average compared to the rest of British Columbia.

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 British Columbia Prince Rupert has the 84th most properties on offer with 124.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Prince Rupert 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)
1 bedroom $169,900
2 bedrooms $207,500
3 bedrooms $254,900 $219,000
4 bedrooms $355,500
5 bedrooms $334,450
6 bedrooms $302,000
Demographics
  • Population in 201112508
  • Population in 200612815
  • 2006 to 2011 population change (%)-2.4
  • Total private dwellings5820
  • Private dwellings occupied by usual residents4980
  • Population density per square kilometre227.7
  • Land area (square km)54.93