Real Estate Market Report for
Caroline, AB

Updated : Aug 2016
House
  • Median price $199,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 5.24%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Caroline Home Price

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The median asking price in Caroline is $199,000, pretty close to the median three months ago which was $174,450 .

Caroline, Alberta has a median house price of $199,000 when compiling all the home listings in Aug .

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Caroline has more than the average number to choose from compared to the rest of the province

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

If you are looking at investment properties in Caroline, 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.

It’s never an exact art, but to try to forecast how property is going to appreciate in Caroline for investors, it’s important to look at data like:

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

Beds Median price (House) Median price (Apartment)
2 bedrooms $312,450
3 bedrooms $134,450
Demographics
  • Population in 2011501
  • Population in 2006515
  • 2006 to 2011 population change (%)-2.7
  • Total private dwellings248
  • Private dwellings occupied by usual residents201
  • Population density per square kilometre252.8
  • Land area (square km)1.98
  • Age Characteristics
    Total population by age groups 500
    0 to 4 years 35
    5 to 9 years 55
    10 to 14 years 25
    15 to 19 years 30
    15 years 0
    16 years 10
    17 years 5
    18 years 10
    19 years 10
    20 to 24 years 25
    25 to 29 years 35
    30 to 34 years 30
    35 to 39 years 20
    40 to 44 years 30
    45 to 49 years 30
    50 to 54 years 35
    55 to 59 years 30
    60 to 64 years 45
    65 to 69 years 25
    70 to 74 years 20
    75 to 79 years 20
    80 to 84 years 10
    85 years and over 10
    Median age of the population 37.8
    % of the population aged 15 and over 76.8
  • Marital Status
    Total population 15 years and over by marital status 385
    Married or living with a common-law partner 220
    Married (and not separated) 160
    Living common-law 60
    Not married and not living with a common-law partner 165
    Single (never legally married) 85
    Separated 5
    Divorced 35
    Widowed 35
    Family Characteristics
    Total number of census families in private households 130
    Size of census family: 2 persons 65
    Size of census family: 3 persons 30
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 15
    Total number of census families in private households 130
    Total couple families by family structure and number of children 110
    Married couples 80
    Without children at home 45
    With children at home 35
    1 child 20
    2 children 5
    3 or more children 10
    Common-law couples 25
    Without children at home 10
    With children at home 20
    1 child 10
    2 children 5
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 25
    Female parent 20
    1 child 10
    2 children 5
    3 or more children 5
    Male parent 0
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 155
    Under six years of age 55
    6 to 14 years 60
    15 to 17 years 10
    18 to 24 years 15
    25 years and over 10
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 490
    Number of persons not in census families 95
    Living with relatives 10
    Living with non-relatives only 25
    Living alone 60
    Number of census family persons 395
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 80
    Number of persons not in census families aged 65 years and over 35
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 30
    Number of census family persons aged 65 years and over 45
    Total number of private households by household type 200
    Census-family households 130
    One-family-only households 120
    Couple-family households 100
    Without children 45
    With children 55
    Lone-parent-family households 20
    Other family households 10
    One-family households with persons not in a census family 10
    Couple-family households 10
    Without children 5
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 0
    Non-census-family households 70
    One-person households 60
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 200
    Single-detached house 105
    Apartment, building that has five or more storeys 0
    Movable dwelling 70
    Other dwelling 25
    Semi-detached house 15
    Row house 15
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 205
    1 person 60
    2 persons 65
    3 persons 30
    4 persons 20
    5 persons 15
    6 or more persons 5
    Number of persons in private households 490
    Average number of persons in private households 2.4
Census 2011

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