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Elkwater, AB

Updated: Sep 2014
House
Median price $275,000
Monthly growth
Quarterly trend
Stock on market 0.10%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Elkwater Home Price

Elkwater was Canada’s 1668th most expensive suburb by listed median house price this month.

While the median for Alberta is $379,900 , which means that Elkwater’s median price is $275,000 better than average than the rest of the province.

Alberta has the seventh most amount of properties available to property investors, with Elkwater having 248th most in the province, out of a total of 341.

Can we guarantee how well Elkwater 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.

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

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

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Find a mortgage broker in Elkwater, AB
Demographics
  • Population in 20117214
  • Population in 20066709
  • 2006 to 2011 population change (%)7.5
  • Total private dwellings3040
  • Private dwellings occupied by usual residents2518
  • Population density per square kilometre0.5
  • Land area (square km)13160.44

Age Characteristics

Total population by age groups 7215
0 to 4 years 510
5 to 9 years 525
10 to 14 years 560
15 to 19 years 515
15 years 105
16 years 115
17 years 105
18 years 95
19 years 90
20 to 24 years 330
25 to 29 years 355
30 to 34 years 425
35 to 39 years 475
40 to 44 years 550
45 to 49 years 630
50 to 54 years 670
55 to 59 years 640
60 to 64 years 395
65 to 69 years 280
70 to 74 years 170
75 to 79 years 100
80 to 84 years 55
85 years and over 35
Median age of the population 39.2
% of the population aged 15 and over 77.9

Marital Status

Total population 15 years and over by marital status 5625
Married or living with a common-law partner 4140
Married (and not separated) 3765
Living common-law 370
Not married and not living with a common-law partner 1480
Single (never legally married) 1070
Separated 85
Divorced 205
Widowed 130

Family Characteristics

Total number of census families in private households 2145
Size of census family: 2 persons 1045
Size of census family: 3 persons 390
Size of census family: 4 persons 465
Size of census family: 5 or more persons 240
Total number of census families in private households 2145
Total couple families by family structure and number of children 2000
Married couples 1810
Without children at home 850
With children at home 955
1 child 315
2 children 420
3 or more children 225
Common-law couples 185
Without children at home 115
With children at home 70
1 child 30
2 children 25
3 or more children 15
Total lone-parent families by sex of parent and number of children 145
Female parent 80
1 child 40
2 children 25
3 or more children 15
Male parent 65
1 child 35
2 children 20
3 or more children 10
Total children in census families in private households 2300
Under six years of age 580
6 to 14 years 925
15 to 17 years 320
18 to 24 years 375
25 years and over 115
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 6955
Number of persons not in census families 515
Living with relatives 40
Living with non-relatives only 100
Living alone 370
Number of census family persons 6445
Average number of persons per census family 3
Total number of persons 65 years and over in private households 615
Number of persons not in census families aged 65 years and over 115
Living with relatives 5
Living with non-relatives only 5
Living alone 105
Number of census family persons aged 65 years and over 495
Total number of private households by household type 2520
Census-family households 2110
One-family-only households 2020
Couple-family households 1905
Without children 915
With children 990
Lone-parent-family households 115
Other family households 85
One-family households with persons not in a census family 50
Couple-family households 35
Without children 15
With children 25
Lone-parent-family households 15
Two-or-more-family households 35
Non-census-family households 410
One-person households 375
Two-or-more-person households 35
Total number of occupied private dwellings by structural type of dwelling 2515
Single-detached house 2290
Apartment, building that has five or more storeys 0
Movable dwelling 200
Other dwelling 30
Semi-detached house 25
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 5
Total number of private households by household size 2520
1 person 370
2 persons 1015
3 persons 390
4 persons 460
5 persons 195
6 or more persons 85
Number of persons in private households 6955
Average number of persons in private households 2.8

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