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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.

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