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Tumbler Ridge, BC

Updated: Aug 2016
House
Median price $149,000
Monthly growth -0.66 %
Quarterly trend
Stock on market 5.70%
Apartment
Median price $64,900
Monthly growth 4.00 %
Quarterly trend
Stock on market 1.39%

Tumbler Ridge Home Price

With a median listing price of $149,000, Tumbler Ridge is Canada’s 3946th most expensive when ordered by median listing price.

Tumbler Ridge, British Columbia has a median house price of $149,000 when compiling all the home listings in Aug .

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

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

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Tumbler Ridge, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 78, this month we show 86.

When looking across the province, Tumbler Ridge is the 118th most expensive in British Columbia.

While the median for British Columbia is $349,000 , which means that Tumbler Ridge’s median price is $64,900 a lot lower than the rest of the province.

Investors looking for properties in Tumbler Ridge are most likely to find 1 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.

According to our stats, Tumbler Ridge is the neighbourhood that has the 58th most properties available to real estate investors in British Columbia.

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

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

Beds Median price (House) Median price (Apartment)
1 bedroom $62,400
2 bedrooms $110,900 $64,950
3 bedrooms $139,000
4 bedrooms $192,000
5 bedrooms $134,450
Demographics
  • Population in 20112710
  • Population in 20062454
  • 2006 to 2011 population change (%)10.4
  • Total private dwellings1510
  • Private dwellings occupied by usual residents1158
  • Population density per square kilometre1.7
  • Land area (square km)1558.97