Real Estate Market Report for
Mayerthorpe, AB

Updated : Aug 2016
House
  • Median price $239,900
  • Monthly growth 11.89 %
  • Quarterly trend
  • Stock on market 2.54%
Apartment
  • Median price $399,000
  • Monthly growth -15.82 %
  • Quarterly trend
  • Stock on market 0.48%
Mayerthorpe Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

The $239,900 price tag on the median Mayerthorpe home means that it is about average price.

This month we track 113th neighbourhoods in Alberta, and Mayerthorpe has the 113th most choice available for real estate investors.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Mayerthorpe will hopefully provide an indicator to help you where to research in-depth

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

When looking across the province, Mayerthorpe is the 12th most expensive in Alberta.

The $399,000 price tag on the median Mayerthorpe home means that it is quite highly priced by Canadian standards.

Across Alberta Mayerthorpe has the 69th most properties on offer with 99.

Can we guarantee how well Mayerthorpe is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Over the last three months in Mayerthorpe, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

Beds Median price (House) Median price (Apartment)
2 bedrooms $140,950
3 bedrooms $265,000
4 bedrooms $239,900
5 bedrooms $288,850
Demographics
  • Population in 20111398
  • Population in 20061474
  • 2006 to 2011 population change (%)-5.2
  • Total private dwellings629
  • Private dwellings occupied by usual residents589
  • Population density per square kilometre292.7
  • Land area (square km)4.78
  • Age Characteristics
    Total population by age groups 1400
    0 to 4 years 70
    5 to 9 years 80
    10 to 14 years 90
    15 to 19 years 75
    15 years 15
    16 years 15
    17 years 15
    18 years 20
    19 years 15
    20 to 24 years 60
    25 to 29 years 80
    30 to 34 years 85
    35 to 39 years 100
    40 to 44 years 75
    45 to 49 years 110
    50 to 54 years 105
    55 to 59 years 105
    60 to 64 years 85
    65 to 69 years 65
    70 to 74 years 55
    75 to 79 years 65
    80 to 84 years 45
    85 years and over 55
    Median age of the population 43.9
    % of the population aged 15 and over 82.7
  • Marital Status
    Total population 15 years and over by marital status 1155
    Married or living with a common-law partner 695
    Married (and not separated) 560
    Living common-law 135
    Not married and not living with a common-law partner 460
    Single (never legally married) 215
    Separated 40
    Divorced 85
    Widowed 120
    Family Characteristics
    Total number of census families in private households 390
    Size of census family: 2 persons 210
    Size of census family: 3 persons 85
    Size of census family: 4 persons 55
    Size of census family: 5 or more persons 25
    Total number of census families in private households 385
    Total couple families by family structure and number of children 335
    Married couples 270
    Without children at home 145
    With children at home 120
    1 child 55
    2 children 40
    3 or more children 25
    Common-law couples 65
    Without children at home 40
    With children at home 30
    1 child 15
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 55
    Female parent 45
    1 child 30
    2 children 10
    3 or more children 5
    Male parent 5
    1 child 0
    2 children 5
    3 or more children 0
    Total children in census families in private households 350
    Under six years of age 90
    6 to 14 years 155
    15 to 17 years 40
    18 to 24 years 45
    25 years and over 25
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 1315
    Number of persons not in census families 240
    Living with relatives 15
    Living with non-relatives only 35
    Living alone 185
    Number of census family persons 1075
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 210
    Number of persons not in census families aged 65 years and over 80
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 75
    Number of census family persons aged 65 years and over 125
    Total number of private households by household type 590
    Census-family households 385
    One-family-only households 375
    Couple-family households 325
    Without children 180
    With children 150
    Lone-parent-family households 45
    Other family households 15
    One-family households with persons not in a census family 10
    Couple-family households 5
    Without children 5
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 0
    Non-census-family households 205
    One-person households 185
    Two-or-more-person households 20
    Total number of occupied private dwellings by structural type of dwelling 590
    Single-detached house 500
    Apartment, building that has five or more storeys 0
    Movable dwelling 40
    Other dwelling 55
    Semi-detached house 0
    Row house 0
    Apartment, duplex 20
    Apartment, building that has fewer than five storeys 25
    Other single-attached house 0
    Total number of private households by household size 590
    1 person 185
    2 persons 220
    3 persons 90
    4 persons 60
    5 persons 25
    6 or more persons 5
    Number of persons in private households 1315
    Average number of persons in private households 2.2
Census 2011

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?