Real Estate Market Report for
Gibbons, AB

Updated : Aug 2016
House
  • Median price $312,000
  • Monthly growth 0.67 %
  • Quarterly trend
  • Stock on market 3.33%
Apartment
  • Median price $182,000
  • Monthly growth -4.43 %
  • Quarterly trend
  • Stock on market 0.45%
Gibbons Home Price

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Canada’s national median home listing price this month is $290,900, which means that Gibbons is in the top 40% for Canada.

In Aug the median listed house price of $312,000 in Gibbons was an above average compared to the rest of Alberta.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

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

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.

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

When our research team crunched the numbers we calculated that Gibbons has a median home price of $182,000.

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 1.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Gibbons has a pretty average amount compared to the rest of the province

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

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.

Beds Median price (House) Median price (Apartment)
1 bedroom $182,000
2 bedrooms $256,700
3 bedrooms $289,000
4 bedrooms $310,500
5 bedrooms $409,700
Demographics
  • Population in 20113030
  • Population in 20062642
  • 2006 to 2011 population change (%)14.7
  • Total private dwellings1111
  • Private dwellings occupied by usual residents1075
  • Population density per square kilometre409.9
  • Land area (square km)7.39
  • Age Characteristics
    Total population by age groups 3030
    0 to 4 years 270
    5 to 9 years 240
    10 to 14 years 210
    15 to 19 years 235
    15 years 35
    16 years 50
    17 years 50
    18 years 60
    19 years 40
    20 to 24 years 170
    25 to 29 years 240
    30 to 34 years 275
    35 to 39 years 225
    40 to 44 years 230
    45 to 49 years 225
    50 to 54 years 195
    55 to 59 years 160
    60 to 64 years 120
    65 to 69 years 75
    70 to 74 years 55
    75 to 79 years 50
    80 to 84 years 30
    85 years and over 25
    Median age of the population 32.9
    % of the population aged 15 and over 76.2
  • Marital Status
    Total population 15 years and over by marital status 2310
    Married or living with a common-law partner 1510
    Married (and not separated) 1215
    Living common-law 295
    Not married and not living with a common-law partner 795
    Single (never legally married) 520
    Separated 75
    Divorced 100
    Widowed 105
    Family Characteristics
    Total number of census families in private households 855
    Size of census family: 2 persons 360
    Size of census family: 3 persons 170
    Size of census family: 4 persons 240
    Size of census family: 5 or more persons 85
    Total number of census families in private households 860
    Total couple families by family structure and number of children 750
    Married couples 605
    Without children at home 225
    With children at home 380
    1 child 115
    2 children 185
    3 or more children 75
    Common-law couples 145
    Without children at home 70
    With children at home 75
    1 child 30
    2 children 40
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 110
    Female parent 85
    1 child 50
    2 children 20
    3 or more children 20
    Male parent 20
    1 child 10
    2 children 5
    3 or more children 5
    Total children in census families in private households 1055
    Under six years of age 305
    6 to 14 years 405
    15 to 17 years 130
    18 to 24 years 165
    25 years and over 45
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 2985
    Number of persons not in census families 320
    Living with relatives 40
    Living with non-relatives only 80
    Living alone 195
    Number of census family persons 2660
    Average number of persons per census family 3.1
    Total number of persons 65 years and over in private households 200
    Number of persons not in census families aged 65 years and over 75
    Living with relatives 10
    Living with non-relatives only 5
    Living alone 55
    Number of census family persons aged 65 years and over 125
    Total number of private households by household type 1075
    Census-family households 845
    One-family-only households 785
    Couple-family households 695
    Without children 275
    With children 420
    Lone-parent-family households 90
    Other family households 55
    One-family households with persons not in a census family 45
    Couple-family households 30
    Without children 5
    With children 20
    Lone-parent-family households 10
    Two-or-more-family households 20
    Non-census-family households 235
    One-person households 200
    Two-or-more-person households 35
    Total number of occupied private dwellings by structural type of dwelling 1075
    Single-detached house 955
    Apartment, building that has five or more storeys 0
    Movable dwelling 50
    Other dwelling 70
    Semi-detached house 20
    Row house 5
    Apartment, duplex 10
    Apartment, building that has fewer than five storeys 35
    Other single-attached house 0
    Total number of private households by household size 1075
    1 person 200
    2 persons 355
    3 persons 165
    4 persons 250
    5 persons 85
    6 or more persons 25
    Number of persons in private households 2985
    Average number of persons in private households 2.8
Census 2011

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