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Frank, AB

Updated: Aug 2016
House
Median price $160,500
Monthly growth 13.02 %
Quarterly trend
Stock on market 0.06%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Frank Home Price

Frank was Canada’s 3675th most expensive suburb by listed median house price this month.

The median house price listed in Frank this month is $160,500.

Across Alberta Frank has the 298th most properties on offer with 339.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Frank will hopefully provide an indicator to help you where to research in-depth

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Frank, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

Is Frank a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Frank have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
2 bedrooms $139,000
3 bedrooms $289,000
Demographics
  • Total private dwellings3234
  • Private dwellings occupied by usual residents2586
  • Population density per square kilometre14.9
  • Land area (square km)373.07
  • Population in 20115565
  • Population in 20065749
  • 2006 to 2011 population change (%)-3.2