Photo: Unknown author Unknown author · Public domainHomes in Neepawa are worth 30% less than the median of Manitoba’s towns
Owners valued the median home at $210,000 in 2021, where the median of Manitoba’s towns was $300,000. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates. Statistics Canada counted 130 buyers in 2023, paying a median $239,000.
Neepawa’s homes, by three sources
Every figure here is compared within the province, against Manitoba’s towns, since each province assesses on its own terms.
median, owners’ estimate
- Average
- $234K
- Owners
- 1,280
- Manitoba’s towns
- $300K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $230K
- ÷ buyers’ income
- 2.3×
- Buyers
- 130
- Manitoba’s towns
- $248K
all residential
- Manitoba’s towns
- $201K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Detached houses make up 86% of Neepawa’s residential properties
The 2024 assessment roll counts 1,415 homes in Neepawa, detached houses 86% of them.
Median assessment by type, 2024 the tick is the median of Manitoba’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Manitoba’s towns with their own figure; assessments compare within a province only.
Before 1961: 32% of the homes in Neepawa, where Manitoba’s towns have 23%
Neepawa had 1,865 occupied homes at the 2021 census, 67% of them single-detached houses.
Homes by period of construction the tick is the median of Manitoba’s towns
Homes by kind
| Neepawa | Manitoba | Canada | |
|---|---|---|---|
| Condominiums | 11% | 5% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 15% | 5% | 3% |
| Households in core housing need | 3% | 7% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Building ahead of Manitoba’s towns: 22.6 new homes a year per 1,000 in Neepawa, against 13.7
Building permits added 219 homes in Neepawa between 2018 and 2023: some 37 a year. 28% were single-unit buildings and the rest multi-unit ones, against 67% for Manitoba’s towns.
A peak in 2021: 108 new homes
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Neepawa is cheaper than most of Manitoba’s towns: 30% under their $300,000 median
The census values of Manitoba’s towns, 188 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Neepawa: Glenella-Lansdowne and Rosedale
Next to Neepawa: 2021 census values and the share of owners. No closer places have figures: these lie 21–27 km from Neepawa.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Neepawa | $210K | $234K | 69% | |
| Glenella-Lansdowne | $174K | $222K | 89% | 21.1 |
| North Cypress-Langford | $300K | $316K | 93% | 25.3 |
| Minto-Odanah | $250K | $268K | 93% | 26.3 |
| Minnedosa | $210K | $228K | 76% | 26.3 |
| Rosedale | $160K | $195K | 89% | 26.9 |
Census 2021 values; km.
Questions about property prices in Neepawa
How many households in Neepawa are in core housing need?
Statistics Canada puts 3% of Neepawa’s households in core housing need, a smaller share than the 7% of Manitoba’s towns.
Is Neepawa expensive for Manitoba?
No: Neepawa’s census median is below the $300,000 of Manitoba’s towns.
What is the average house price in Neepawa?
An average of $230,000 in 2023, with the median sale at 2.3 times the buyer’s income.
Can I see individual sales or prices by street?
No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).