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Bonnyville, AB

Updated: Aug 2016
House
Median price $464,900
Monthly growth 38.81 %
Quarterly trend
Stock on market 10.27%
Apartment
Median price $307,400
Monthly growth 7.87 %
Quarterly trend
Stock on market 0.32%

Bonnyville Home Price

When looking across the province, Bonnyville is the 53th most expensive in Alberta.

The $464,900 price tag on the median Bonnyville home means that it is quite highly priced by Canadian standards.

Bonnyville’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.

This month we track 9th neighbourhoods in Alberta, and Bonnyville has the 9th most choice available for real estate investors.

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

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

Across the country as a whole, Bonnyville is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

The $307,400 price tag on the median Bonnyville home means that it is quite highly priced by Canadian standards.

Across Alberta Bonnyville has the 41th most properties on offer with 99.

Can we guarantee how well Bonnyville 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.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
1 bedroom $412,950
2 bedrooms $332,450
3 bedrooms $439,900 $419,900
4 bedrooms $439,900 $269,900
5 bedrooms $549,977
6 bedrooms $539,250
Demographics
  • Population in 20116216
  • Population in 20065832
  • 2006 to 2011 population change (%)6.6
  • Total private dwellings2482
  • Private dwellings occupied by usual residents2324
  • Population density per square kilometre440.7
  • Land area (square km)14.1