Real Estate Market Report for
Innisfail, AB

Updated : Aug 2016
House
  • Median price $302,450
  • Monthly growth 20.30 %
  • Quarterly trend
  • Stock on market 1.50%
Apartment
  • Median price $216,200
  • Monthly growth 2.51 %
  • Quarterly trend
  • Stock on market 0.66%
Innisfail Home Price

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Innisfail was Canada’s 1402th most expensive suburb by listed median house price this month.

When our research team crunched the numbers we calculated that Innisfail has a median home price of $302,450.

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

According to our stats, Innisfail is the neighbourhood that has the 51th most properties available to real estate investors in Alberta.

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

In Innisfail, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

Innisfail was Canada’s 493th most expensive suburb by listed median house price this month.

In Aug the median listed house price of $216,200 in Innisfail was a below average compared to the rest of Alberta.

From our data, it appears that neighbourhood is number 267th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.

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

In Innisfail, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

Beds Median price (House) Median price (Apartment)
1 bedroom $192,400
2 bedrooms $257,450 $199,700
3 bedrooms $282,000 $219,900
4 bedrooms $339,000 $367,000
5 bedrooms $331,000
Demographics
  • Population in 20117876
  • Population in 20067331
  • 2006 to 2011 population change (%)7.4
  • Total private dwellings3323
  • Private dwellings occupied by usual residents3118
  • Population density per square kilometre403.2
  • Land area (square km)19.53
  • Age Characteristics
    Total population by age groups 7880
    0 to 4 years 450
    5 to 9 years 510
    10 to 14 years 515
    15 to 19 years 500
    15 years 95
    16 years 110
    17 years 105
    18 years 105
    19 years 85
    20 to 24 years 400
    25 to 29 years 430
    30 to 34 years 455
    35 to 39 years 500
    40 to 44 years 520
    45 to 49 years 540
    50 to 54 years 590
    55 to 59 years 525
    60 to 64 years 495
    65 to 69 years 365
    70 to 74 years 340
    75 to 79 years 305
    80 to 84 years 205
    85 years and over 245
    Median age of the population 41.7
    % of the population aged 15 and over 81.3
  • Marital Status
    Total population 15 years and over by marital status 6405
    Married or living with a common-law partner 3990
    Married (and not separated) 3330
    Living common-law 660
    Not married and not living with a common-law partner 2415
    Single (never legally married) 1285
    Separated 170
    Divorced 405
    Widowed 555
    Family Characteristics
    Total number of census families in private households 2285
    Size of census family: 2 persons 1235
    Size of census family: 3 persons 430
    Size of census family: 4 persons 435
    Size of census family: 5 or more persons 180
    Total number of census families in private households 2280
    Total couple families by family structure and number of children 1955
    Married couples 1625
    Without children at home 870
    With children at home 755
    1 child 260
    2 children 345
    3 or more children 155
    Common-law couples 330
    Without children at home 185
    With children at home 140
    1 child 75
    2 children 55
    3 or more children 20
    Total lone-parent families by sex of parent and number of children 325
    Female parent 275
    1 child 150
    2 children 85
    3 or more children 35
    Male parent 50
    1 child 30
    2 children 10
    3 or more children 5
    Total children in census families in private households 2220
    Under six years of age 535
    6 to 14 years 915
    15 to 17 years 295
    18 to 24 years 345
    25 years and over 135
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 7625
    Number of persons not in census families 1170
    Living with relatives 125
    Living with non-relatives only 270
    Living alone 770
    Number of census family persons 6460
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 1210
    Number of persons not in census families aged 65 years and over 390
    Living with relatives 25
    Living with non-relatives only 35
    Living alone 330
    Number of census family persons aged 65 years and over 820
    Total number of private households by household type 3120
    Census-family households 2240
    One-family-only households 2080
    Couple-family households 1820
    Without children 985
    With children 830
    Lone-parent-family households 255
    Other family households 165
    One-family households with persons not in a census family 125
    Couple-family households 85
    Without children 40
    With children 50
    Lone-parent-family households 35
    Two-or-more-family households 40
    Non-census-family households 880
    One-person households 775
    Two-or-more-person households 110
    Total number of occupied private dwellings by structural type of dwelling 3120
    Single-detached house 2030
    Apartment, building that has five or more storeys 0
    Movable dwelling 160
    Other dwelling 925
    Semi-detached house 315
    Row house 230
    Apartment, duplex 30
    Apartment, building that has fewer than five storeys 355
    Other single-attached house 0
    Total number of private households by household size 3120
    1 person 770
    2 persons 1215
    3 persons 440
    4 persons 460
    5 persons 155
    6 or more persons 80
    Number of persons in private households 7625
    Average number of persons in private households 2.4
Census 2011

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