Real Estate Market Report for
Bowden, AB

Updated : Aug 2016
House
  • Median price $269,900
  • Monthly growth 50.02 %
  • Quarterly trend
  • Stock on market 3.49%
Apartment
  • Median price $174,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.37%
Bowden Home Price

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When looking across the province, Bowden is the 161th most expensive in Alberta.

When our research team crunched the numbers we calculated that Bowden has a median home price of $269,900.

There are 339 neighbourhoods that have more properties on sale than Bowden at the moment in Alberta which puts the neighbourhood top 40% when looking at the number of properties to choose from.

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

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 Bowden have increased which would tend to indicate that demand is not as high as supply.

Canada’s national median home listing price this month is $244,900, which means that Bowden is in the bottom 40% for Canada.

With Bowden’s median house price at $174,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Alberta.

As one of Alberta’s many potential real estate investment neighbourhoods, Bowden 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.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Bowden, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 4, this month we show 2.

Beds Median price (House) Median price (Apartment)
2 bedrooms $123,500
3 bedrooms $129,450
4 bedrooms $324,900
5 bedrooms $242,450
Demographics
  • Population in 20111241
  • Population in 20061210
  • 2006 to 2011 population change (%)2.6
  • Total private dwellings545
  • Private dwellings occupied by usual residents518
  • Population density per square kilometre454.7
  • Land area (square km)2.73
  • Age Characteristics
    Total population by age groups 1240
    0 to 4 years 100
    5 to 9 years 75
    10 to 14 years 85
    15 to 19 years 75
    15 years 15
    16 years 10
    17 years 10
    18 years 15
    19 years 20
    20 to 24 years 75
    25 to 29 years 65
    30 to 34 years 85
    35 to 39 years 90
    40 to 44 years 75
    45 to 49 years 95
    50 to 54 years 70
    55 to 59 years 70
    60 to 64 years 80
    65 to 69 years 75
    70 to 74 years 45
    75 to 79 years 45
    80 to 84 years 25
    85 years and over 10
    Median age of the population 38.3
    % of the population aged 15 and over 79
  • Marital Status
    Total population 15 years and over by marital status 980
    Married or living with a common-law partner 595
    Married (and not separated) 470
    Living common-law 125
    Not married and not living with a common-law partner 385
    Single (never legally married) 205
    Separated 50
    Divorced 80
    Widowed 50
    Family Characteristics
    Total number of census families in private households 360
    Size of census family: 2 persons 190
    Size of census family: 3 persons 75
    Size of census family: 4 persons 65
    Size of census family: 5 or more persons 35
    Total number of census families in private households 360
    Total couple families by family structure and number of children 295
    Married couples 235
    Without children at home 120
    With children at home 120
    1 child 40
    2 children 50
    3 or more children 25
    Common-law couples 65
    Without children at home 30
    With children at home 30
    1 child 10
    2 children 15
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 60
    Female parent 50
    1 child 30
    2 children 10
    3 or more children 5
    Male parent 10
    1 child 5
    2 children 5
    3 or more children 0
    Total children in census families in private households 370
    Under six years of age 110
    6 to 14 years 145
    15 to 17 years 35
    18 to 24 years 60
    25 years and over 20
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 1240
    Number of persons not in census families 215
    Living with relatives 25
    Living with non-relatives only 40
    Living alone 150
    Number of census family persons 1025
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 195
    Number of persons not in census families aged 65 years and over 70
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 65
    Number of census family persons aged 65 years and over 125
    Total number of private households by household type 520
    Census-family households 355
    One-family-only households 320
    Couple-family households 275
    Without children 140
    With children 135
    Lone-parent-family households 45
    Other family households 30
    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 5
    Non-census-family households 165
    One-person households 145
    Two-or-more-person households 20
    Total number of occupied private dwellings by structural type of dwelling 515
    Single-detached house 345
    Apartment, building that has five or more storeys 0
    Movable dwelling 85
    Other dwelling 85
    Semi-detached house 45
    Row house 20
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 20
    Other single-attached house 0
    Total number of private households by household size 520
    1 person 150
    2 persons 185
    3 persons 70
    4 persons 70
    5 persons 35
    6 or more persons 10
    Number of persons in private households 1240
    Average number of persons in private households 2.4
Census 2011

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