Real Estate Market Report for
Derwent, AB

Updated : Aug 2016
House
  • Median price $87,400
  • Monthly growth -12.51 %
  • Quarterly trend
  • Stock on market 0.16%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Derwent Home Price

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With a median listing price of $87,400, Derwent is Canada’s 4868th most expensive when ordered by median listing price.

The $87,400 price tag on the median Derwent home means that it is very cheap in comparison to the rest of the nation.

There are 339 neighbourhoods that have more properties on sale than Derwent at the moment in Alberta which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

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

In Derwent, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $102,900
Demographics
  • Population in 20113160
  • Population in 20062918
  • 2006 to 2011 population change (%)8.3
  • Total private dwellings1222
  • Private dwellings occupied by usual residents1058
  • Population density per square kilometre1.2
  • Land area (square km)2631.33
  • Age Characteristics
    Total population by age groups 3160
    0 to 4 years 250
    5 to 9 years 245
    10 to 14 years 285
    15 to 19 years 270
    15 years 60
    16 years 70
    17 years 45
    18 years 50
    19 years 50
    20 to 24 years 145
    25 to 29 years 140
    30 to 34 years 135
    35 to 39 years 175
    40 to 44 years 180
    45 to 49 years 210
    50 to 54 years 225
    55 to 59 years 200
    60 to 64 years 180
    65 to 69 years 165
    70 to 74 years 155
    75 to 79 years 85
    80 to 84 years 60
    85 years and over 45
    Median age of the population 38.1
    % of the population aged 15 and over 75.3
  • Marital Status
    Total population 15 years and over by marital status 2380
    Married or living with a common-law partner 1565
    Married (and not separated) 1445
    Living common-law 125
    Not married and not living with a common-law partner 810
    Single (never legally married) 570
    Separated 30
    Divorced 75
    Widowed 135
    Family Characteristics
    Total number of census families in private households 800
    Size of census family: 2 persons 405
    Size of census family: 3 persons 120
    Size of census family: 4 persons 115
    Size of census family: 5 or more persons 160
    Total number of census families in private households 800
    Total couple families by family structure and number of children 745
    Married couples 680
    Without children at home 335
    With children at home 345
    1 child 90
    2 children 100
    3 or more children 155
    Common-law couples 60
    Without children at home 35
    With children at home 25
    1 child 10
    2 children 10
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 60
    Female parent 40
    1 child 25
    2 children 15
    3 or more children 0
    Male parent 15
    1 child 5
    2 children 10
    3 or more children 0
    Total children in census families in private households 1090
    Under six years of age 260
    6 to 14 years 435
    15 to 17 years 160
    18 to 24 years 160
    25 years and over 70
    Average number of children at home per census family 1.4
  • Household And Dwelling Characteristics
    Total number of persons in private households 2975
    Number of persons not in census families 340
    Living with relatives 55
    Living with non-relatives only 50
    Living alone 240
    Number of census family persons 2635
    Average number of persons per census family 3.3
    Total number of persons 65 years and over in private households 500
    Number of persons not in census families aged 65 years and over 140
    Living with relatives 10
    Living with non-relatives only 10
    Living alone 120
    Number of census family persons aged 65 years and over 360
    Total number of private households by household type 1055
    Census-family households 795
    One-family-only households 760
    Couple-family households 710
    Without children 360
    With children 350
    Lone-parent-family households 45
    Other family households 40
    One-family households with persons not in a census family 30
    Couple-family households 20
    Without children 5
    With children 15
    Lone-parent-family households 10
    Two-or-more-family households 10
    Non-census-family households 265
    One-person households 245
    Two-or-more-person households 25
    Total number of occupied private dwellings by structural type of dwelling 1060
    Single-detached house 955
    Apartment, building that has five or more storeys 0
    Movable dwelling 95
    Other dwelling 5
    Semi-detached house 0
    Row house 0
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 5
    Total number of private households by household size 1060
    1 person 240
    2 persons 415
    3 persons 115
    4 persons 120
    5 persons 60
    6 or more persons 105
    Number of persons in private households 2975
    Average number of persons in private households 2.8
Census 2011

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