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Castor, AB

Updated: Aug 2016
House
Median price $168,000
Monthly growth 22.18 %
Quarterly trend
Stock on market 2.85%
Apartment
Median price $317,339
Monthly growth
Quarterly trend
Stock on market 0.44%

Castor Home Price

When looking across the province, Castor is the 264th most expensive in Alberta.

When our research team crunched the numbers we calculated that Castor has a median home price of $168,000.

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

Across Alberta Castor has the 131th most properties on offer with 339.

Can we guarantee how well Castor 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Castor there is more stock than three months ago. This would indicate pressure on prices easing.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Castor is number 181 putting it ahead of most neighbourhoods .

When our research team crunched the numbers we calculated that Castor has a median home price of $317,338.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Castor has not many at all compared to the rest of the province

As one of Alberta’s many potential real estate investment neighbourhoods, Castor needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

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.

Find a mortgage broker in Castor, AB
Beds Median price (House) Median price (Apartment)
2 bedrooms $130,950
3 bedrooms $168,000
4 bedrooms $169,000
Demographics
  • Population in 2011932
  • Population in 2006931
  • 2006 to 2011 population change (%)0.1
  • Total private dwellings456
  • Private dwellings occupied by usual residents417
  • Population density per square kilometre343.1
  • Land area (square km)2.72

Age Characteristics

Total population by age groups 935
0 to 4 years 40
5 to 9 years 35
10 to 14 years 40
15 to 19 years 45
15 years 15
16 years 10
17 years 10
18 years 10
19 years 5
20 to 24 years 35
25 to 29 years 35
30 to 34 years 40
35 to 39 years 45
40 to 44 years 35
45 to 49 years 55
50 to 54 years 70
55 to 59 years 55
60 to 64 years 70
65 to 69 years 60
70 to 74 years 60
75 to 79 years 70
80 to 84 years 65
85 years and over 70
Median age of the population 53.7
% of the population aged 15 and over 88.2

Marital Status

Total population 15 years and over by marital status 820
Married or living with a common-law partner 490
Married (and not separated) 420
Living common-law 70
Not married and not living with a common-law partner 330
Single (never legally married) 150
Separated 15
Divorced 60
Widowed 105

Family Characteristics

Total number of census families in private households 260
Size of census family: 2 persons 175
Size of census family: 3 persons 35
Size of census family: 4 persons 35
Size of census family: 5 or more persons 15
Total number of census families in private households 260
Total couple families by family structure and number of children 225
Married couples 190
Without children at home 130
With children at home 60
1 child 25
2 children 25
3 or more children 15
Common-law couples 35
Without children at home 30
With children at home 10
1 child 0
2 children 0
3 or more children 0
Total lone-parent families by sex of parent and number of children 35
Female parent 30
1 child 15
2 children 10
3 or more children 5
Male parent 0
1 child 0
2 children 5
3 or more children 0
Total children in census families in private households 180
Under six years of age 40
6 to 14 years 75
15 to 17 years 30
18 to 24 years 25
25 years and over 15
Average number of children at home per census family 0.7

Household And Dwelling Characteristics

Total number of persons in private households 855
Number of persons not in census families 185
Living with relatives 15
Living with non-relatives only 20
Living alone 145
Number of census family persons 670
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 245
Number of persons not in census families aged 65 years and over 80
Living with relatives 10
Living with non-relatives only 0
Living alone 70
Number of census family persons aged 65 years and over 170
Total number of private households by household type 420
Census-family households 260
One-family-only households 250
Couple-family households 215
Without children 150
With children 70
Lone-parent-family households 30
Other family households 10
One-family households with persons not in a census family 10
Couple-family households 5
Without children 5
With children 5
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 160
One-person households 150
Two-or-more-person households 15
Total number of occupied private dwellings by structural type of dwelling 415
Single-detached house 345
Apartment, building that has five or more storeys 0
Movable dwelling 30
Other dwelling 45
Semi-detached house 10
Row house 5
Apartment, duplex 0
Apartment, building that has fewer than five storeys 25
Other single-attached house 0
Total number of private households by household size 415
1 person 145
2 persons 175
3 persons 40
4 persons 30
5 persons 15
6 or more persons 5
Number of persons in private households 850
Average number of persons in private households 2

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

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