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Penhold, AB

Updated: Aug 2016
House
Median price $324,450
Monthly growth 14.89 %
Quarterly trend
Stock on market 4.97%
Apartment
Median price $229,900
Monthly growth -7.09 %
Quarterly trend
Stock on market 0.32%

Penhold Home Price

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

The median house price listed in Penhold this month is $324,450.

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

Alberta has the fourth most amount of properties available to property investors, with Penhold having 56th most in the province, out of a total of 339.

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

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

Penhold, Alberta has a median house price of $229,900 when compiling all the home listings in Aug .

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

Across Alberta Penhold has the 69th most properties on offer with 99.

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

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

Beds Median price (House) Median price (Apartment)
2 bedrooms $330,000
3 bedrooms $314,900 $247,450
4 bedrooms $304,900
5 bedrooms $412,400
Demographics
  • Population in 20112375
  • Population in 20061971
  • 2006 to 2011 population change (%)20.5
  • Total private dwellings925
  • Private dwellings occupied by usual residents889
  • Population density per square kilometre445.3
  • Land area (square km)5.33