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Drayton Valley, AB

Updated: Aug 2016
House
Median price $354,900
Monthly growth 4.41 %
Quarterly trend
Stock on market 2.24%
Apartment
Median price $275,900
Monthly growth 18.25 %
Quarterly trend
Stock on market 1.07%

Drayton Valley Home Price

The median asking price in Drayton Valley is $354,900, a substantial increase over the median three months ago which was $354,900 .

The median house price listed in Drayton Valley this month is $354,900.

According to our stats, Drayton Valley is the neighbourhood that has the 46th most properties available to real estate investors in Alberta.

Alberta has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

In Drayton Valley, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

Across the country as a whole, Drayton Valley is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

Drayton Valley, Alberta has a median house price of $275,900 when compiling all the home listings in Aug .

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.

According to our stats, Drayton Valley is the neighbourhood that has the 18th most properties available to real estate investors in Alberta.

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

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

Beds Median price (House) Median price (Apartment)
1 bedroom $189,900
2 bedrooms $169,900 $245,000
3 bedrooms $341,450 $314,950
4 bedrooms $365,000
5 bedrooms $399,000 $149,900
Demographics
  • Population in 20117049
  • Population in 20066893
  • 2006 to 2011 population change (%)2.3
  • Total private dwellings2899
  • Private dwellings occupied by usual residents2740
  • Population density per square kilometre574.3
  • Land area (square km)12.27