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Derwent, AB

Updated: Aug 2016
House
Median price $87,400
Monthly growth -12.51 %
Quarterly trend
Stock on market 0.16%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Derwent Home Price

With a median listing price of $87,400, Derwent is Canada’s 4868th most expensive when ordered by median listing price.

The $87,400 price tag on the median Derwent home means that it is very cheap in comparison to the rest of the nation.

There are 339 neighbourhoods that have more properties on sale than Derwent at the moment in Alberta which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

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

In Derwent, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

As one of Alberta’s many potential real estate investment neighbourhoods, Derwent 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.

Beds Median price (House) Median price (Apartment)
3 bedrooms $102,900
Demographics
  • Population in 20113160
  • Population in 20062918
  • 2006 to 2011 population change (%)8.3
  • Total private dwellings1222
  • Private dwellings occupied by usual residents1058
  • Population density per square kilometre1.2
  • Land area (square km)2631.33