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Herronton, AB

Updated: Feb 2016
House
Median price $419,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.14%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Herronton Home Price

Canada’s national median home listing price this month is $309,000, which means that Herronton is in the top 20% for Canada.

While the median for Alberta is $392,250 , which means that Herronton’s median price is $419,900 considerably better than the rest of the province.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Herronton has not many at all compared to the rest of the province

Is Herronton 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 Herronton have stayed pretty much the same which would tend to indicate that demand is steady.

When we look at the data we have, it can help with trying to establish whether or not Herronton is a good investment target.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Herronton there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Demographics
  • Population in 20113875
  • Population in 20063718
  • 2006 to 2011 population change (%)4.2
  • Total private dwellings1433
  • Private dwellings occupied by usual residents1104
  • Population density per square kilometre0.7
  • Land area (square km)5429.5