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Red Willow, AB

Updated: Jun 2016
House
Median price $124,500
Monthly growth -10.43 %
Quarterly trend
Stock on market 0.10%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Red Willow Home Price

When our research team crunched the numbers we calculated that Red Willow has a median home price of $124,500.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

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

Over the last three months in Red Willow, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

When we look at the data we have, it can help with trying to establish whether or not Red Willow 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 Red Willow there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Find a mortgage broker in Red Willow, AB
Demographics
  • Population in 20115089
  • Population in 20065189
  • 2006 to 2011 population change (%)-1.9
  • Total private dwellings1922
  • Private dwellings occupied by usual residents1744
  • Population density per square kilometre1.3
  • Land area (square km)4005.1

Age Characteristics

Total population by age groups 5090
0 to 4 years 330
5 to 9 years 360
10 to 14 years 350
15 to 19 years 405
15 years 80
16 years 90
17 years 85
18 years 75
19 years 70
20 to 24 years 255
25 to 29 years 270
30 to 34 years 260
35 to 39 years 290
40 to 44 years 315
45 to 49 years 445
50 to 54 years 450
55 to 59 years 415
60 to 64 years 315
65 to 69 years 250
70 to 74 years 180
75 to 79 years 115
80 to 84 years 60
85 years and over 35
Median age of the population 40.6
% of the population aged 15 and over 79.6

Marital Status

Total population 15 years and over by marital status 4050
Married or living with a common-law partner 2865
Married (and not separated) 2590
Living common-law 280
Not married and not living with a common-law partner 1195
Single (never legally married) 855
Separated 60
Divorced 120
Widowed 155

Family Characteristics

Total number of census families in private households 1420
Size of census family: 2 persons 795
Size of census family: 3 persons 225
Size of census family: 4 persons 230
Size of census family: 5 or more persons 170
Total number of census families in private households 1420
Total couple families by family structure and number of children 1325
Married couples 1180
Without children at home 650
With children at home 535
1 child 170
2 children 210
3 or more children 155
Common-law couples 140
Without children at home 90
With children at home 50
1 child 30
2 children 20
3 or more children 5
Total lone-parent families by sex of parent and number of children 100
Female parent 65
1 child 35
2 children 20
3 or more children 5
Male parent 35
1 child 25
2 children 10
3 or more children 0
Total children in census families in private households 1360
Under six years of age 310
6 to 14 years 540
15 to 17 years 210
18 to 24 years 230
25 years and over 70
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 4510
Number of persons not in census families 410
Living with relatives 45
Living with non-relatives only 55
Living alone 305
Number of census family persons 4105
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 610
Number of persons not in census families aged 65 years and over 135
Living with relatives 10
Living with non-relatives only 15
Living alone 110
Number of census family persons aged 65 years and over 475
Total number of private households by household type 1740
Census-family households 1405
One-family-only households 1365
Couple-family households 1290
Without children 720
With children 570
Lone-parent-family households 80
Other family households 45
One-family households with persons not in a census family 30
Couple-family households 20
Without children 10
With children 10
Lone-parent-family households 10
Two-or-more-family households 15
Non-census-family households 335
One-person households 305
Two-or-more-person households 30
Total number of occupied private dwellings by structural type of dwelling 1740
Single-detached house 1580
Apartment, building that has five or more storeys 0
Movable dwelling 160
Other dwelling 10
Semi-detached house 5
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 5
Total number of private households by household size 1740
1 person 305
2 persons 790
3 persons 230
4 persons 240
5 persons 120
6 or more persons 55
Number of persons in private households 4515
Average number of persons in private households 2.6

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