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Oyen, AB

Updated: Aug 2016
House
Median price $162,000
Monthly growth -10.98 %
Quarterly trend
Stock on market 2.63%
Apartment
Median price $176,250
Monthly growth
Quarterly trend
Stock on market 0.48%

Oyen Home Price

The median asking price in Oyen is $162,000, less than the median three months ago which was $160,500 .

Want a cheaply priced house? Then at $162,000 this month, Oyen, Alberta is somewhere that you should look at price wise.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

There are 339 neighbourhoods that have more properties on sale than Oyen at the moment in Alberta which puts the neighbourhood middle range 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 Oyen for investors, it’s important to look at data like:

The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.

When looking across the province, Oyen is the 86th most expensive in Alberta.

The $176,250 price tag on the median Oyen home means that it is below the national norm.

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

Can we guarantee how well Oyen 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.

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 Oyen, AB
Beds Median price (House) Median price (Apartment)
2 bedrooms $105,500
3 bedrooms $195,000
4 bedrooms $157,000
Demographics
  • Population in 2011973
  • Population in 20061015
  • 2006 to 2011 population change (%)-4.1
  • Total private dwellings418
  • Private dwellings occupied by usual residents383
  • Population density per square kilometre197.4
  • Land area (square km)4.93

Age Characteristics

Total population by age groups 970
0 to 4 years 50
5 to 9 years 45
10 to 14 years 45
15 to 19 years 60
15 years 20
16 years 10
17 years 10
18 years 15
19 years 10
20 to 24 years 30
25 to 29 years 55
30 to 34 years 45
35 to 39 years 45
40 to 44 years 55
45 to 49 years 90
50 to 54 years 70
55 to 59 years 60
60 to 64 years 60
65 to 69 years 55
70 to 74 years 30
75 to 79 years 45
80 to 84 years 40
85 years and over 80
Median age of the population 47.7
% of the population aged 15 and over 84.5

Marital Status

Total population 15 years and over by marital status 830
Married or living with a common-law partner 485
Married (and not separated) 440
Living common-law 40
Not married and not living with a common-law partner 340
Single (never legally married) 160
Separated 20
Divorced 35
Widowed 125

Family Characteristics

Total number of census families in private households 255
Size of census family: 2 persons 145
Size of census family: 3 persons 40
Size of census family: 4 persons 45
Size of census family: 5 or more persons 25
Total number of census families in private households 255
Total couple families by family structure and number of children 230
Married couples 210
Without children at home 120
With children at home 95
1 child 30
2 children 35
3 or more children 25
Common-law couples 20
Without children at home 10
With children at home 10
1 child 5
2 children 10
3 or more children 0
Total lone-parent families by sex of parent and number of children 25
Female parent 15
1 child 10
2 children 5
3 or more children 0
Male parent 5
1 child 5
2 children 0
3 or more children 0
Total children in census families in private households 235
Under six years of age 55
6 to 14 years 85
15 to 17 years 40
18 to 24 years 30
25 years and over 20
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 885
Number of persons not in census families 170
Living with relatives 10
Living with non-relatives only 35
Living alone 125
Number of census family persons 720
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 165
Number of persons not in census families aged 65 years and over 60
Living with relatives 0
Living with non-relatives only 5
Living alone 55
Number of census family persons aged 65 years and over 110
Total number of private households by household type 380
Census-family households 255
One-family-only households 240
Couple-family households 220
Without children 120
With children 100
Lone-parent-family households 20
Other family households 15
One-family households with persons not in a census family 5
Couple-family households 5
Without children 5
With children 0
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 130
One-person households 125
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 385
Single-detached house 325
Apartment, building that has five or more storeys 0
Movable dwelling 30
Other dwelling 30
Semi-detached house 20
Row house 0
Apartment, duplex 5
Apartment, building that has fewer than five storeys 5
Other single-attached house 0
Total number of private households by household size 380
1 person 125
2 persons 140
3 persons 40
4 persons 45
5 persons 25
6 or more persons 10
Number of persons in private households 885
Average number of persons in private households 2.3

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

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