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Drumheller, AB

Updated: Aug 2016
House
Median price $249,000
Monthly growth 11.93 %
Quarterly trend
Stock on market 2.90%
Apartment
Median price $173,000
Monthly growth -3.83 %
Quarterly trend
Stock on market 0.09%

Drumheller Home Price

Across the country as a whole, Drumheller is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

Want a cheaply priced house? Then at $249,000 this month, Drumheller, Alberta is a possibility for you price wise.

How big are the houses being sold in Drumheller? This month there are 4 one bedroom 12 two bedroom 31 three bedroom 36 four bedroom 15 five bedroom homes on the market.

There are 339 neighbourhoods that have more properties on sale than Drumheller at the moment in Alberta which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.

It’s never an exact art, but to try to forecast how property is going to appreciate in Drumheller for investors, it’s important to look at data like:

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 nation CREW lists data for 1054 neighbourhoods, and this month Drumheller is number 741 putting it in the bottom half of the country .

Drumheller, Alberta has a median house price of $173,000 when compiling all the home listings in Aug .

Alberta has the fourth most amount of properties available to property investors, with Drumheller having 69th most in the province, out of a total of 99.

It’s never an exact art, but to try to forecast how property is going to appreciate in Drumheller for investors, it’s important to look at data like:

If you are looking at investment properties in Drumheller, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

Find a mortgage broker in Drumheller, AB
Beds Median price (House) Median price (Apartment)
1 bedroom $84,900
2 bedrooms $126,475
3 bedrooms $199,900
4 bedrooms $259,900
5 bedrooms $299,900
Demographics
  • Population in 20118029
  • Population in 20067932
  • 2006 to 2011 population change (%)1.2
  • Total private dwellings3418
  • Private dwellings occupied by usual residents3182
  • Population density per square kilometre74.4
  • Land area (square km)107.93

Age Characteristics

Total population by age groups 8030
0 to 4 years 405
5 to 9 years 405
10 to 14 years 380
15 to 19 years 495
15 years 85
16 years 95
17 years 95
18 years 110
19 years 105
20 to 24 years 580
25 to 29 years 595
30 to 34 years 560
35 to 39 years 540
40 to 44 years 500
45 to 49 years 605
50 to 54 years 665
55 to 59 years 535
60 to 64 years 465
65 to 69 years 340
70 to 74 years 295
75 to 79 years 230
80 to 84 years 210
85 years and over 220
Median age of the population 40.4
% of the population aged 15 and over 85.1

Marital Status

Total population 15 years and over by marital status 6830
Married or living with a common-law partner 3680
Married (and not separated) 3005
Living common-law 670
Not married and not living with a common-law partner 3155
Single (never legally married) 2005
Separated 200
Divorced 490
Widowed 465

Family Characteristics

Total number of census families in private households 2100
Size of census family: 2 persons 1230
Size of census family: 3 persons 370
Size of census family: 4 persons 335
Size of census family: 5 or more persons 165
Total number of census families in private households 2100
Total couple families by family structure and number of children 1785
Married couples 1445
Without children at home 800
With children at home 650
1 child 235
2 children 270
3 or more children 145
Common-law couples 335
Without children at home 215
With children at home 120
1 child 55
2 children 45
3 or more children 15
Total lone-parent families by sex of parent and number of children 320
Female parent 245
1 child 155
2 children 65
3 or more children 20
Male parent 75
1 child 55
2 children 20
3 or more children 5
Total children in census families in private households 1895
Under six years of age 480
6 to 14 years 705
15 to 17 years 245
18 to 24 years 320
25 years and over 135
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 7175
Number of persons not in census families 1400
Living with relatives 105
Living with non-relatives only 320
Living alone 980
Number of census family persons 5780
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 1115
Number of persons not in census families aged 65 years and over 375
Living with relatives 20
Living with non-relatives only 25
Living alone 330
Number of census family persons aged 65 years and over 745
Total number of private households by household type 3180
Census-family households 2075
One-family-only households 1935
Couple-family households 1680
Without children 960
With children 720
Lone-parent-family households 260
Other family households 140
One-family households with persons not in a census family 115
Couple-family households 65
Without children 30
With children 40
Lone-parent-family households 50
Two-or-more-family households 25
Non-census-family households 1105
One-person households 980
Two-or-more-person households 125
Total number of occupied private dwellings by structural type of dwelling 3180
Single-detached house 2450
Apartment, building that has five or more storeys 0
Movable dwelling 150
Other dwelling 580
Semi-detached house 145
Row house 35
Apartment, duplex 45
Apartment, building that has fewer than five storeys 350
Other single-attached house 5
Total number of private households by household size 3180
1 person 975
2 persons 1235
3 persons 410
4 persons 365
5 persons 160
6 or more persons 40
Number of persons in private households 7175
Average number of persons in private households 2.3

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