Ads Google

Onoway, AB

Updated: Aug 2016
House
Median price $255,000
Monthly growth 10.86 %
Quarterly trend
Stock on market 1.99%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Onoway Home Price

Across the country as a whole, Onoway is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

The $255,000 price tag on the median Onoway home means that it is above the cost of most houses in the country.

If you’re looking at investment properties in Onoway, then you’re most likely to find homes with 3 bedrooms on sale this month.

There are 339 neighbourhoods that have more properties on sale than Onoway at the moment in Alberta which puts the neighbourhood middle range when looking at the number of properties to choose from.

As one of Alberta’s many potential real estate investment neighbourhoods, Onoway needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

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

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

Beds Median price (House) Median price (Apartment)
2 bedrooms $237,400
3 bedrooms $232,500
Demographics
  • Population in 20111039
  • Population in 2006875
  • 2006 to 2011 population change (%)18.7
  • Total private dwellings403
  • Private dwellings occupied by usual residents375
  • Population density per square kilometre311.5
  • Land area (square km)3.34