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Rapid City, MB

Updated: Aug 2016
House
Median price $217,450
Monthly growth -2.04 %
Quarterly trend
Stock on market 3.24%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Rapid City Home Price

When looking across the province, Rapid City is the 117th most expensive in Manitoba.

With Rapid City’s median house price at $217,450 in Aug , it is about average compared to the rest of Manitoba.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

According to our stats, Rapid City is the neighbourhood that has the 117th most properties available to real estate investors in Manitoba.

Is Rapid City a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

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.

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

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
3 bedrooms $219,900
4 bedrooms $332,450
Demographics
  • Population in 2011417
  • Population in 2006416
  • 2006 to 2011 population change (%)0.2
  • Total private dwellings185
  • Private dwellings occupied by usual residents176
  • Population density per square kilometre77.5
  • Land area (square km)5.38