Real Estate Market Report for
Millet, AB

Updated : Aug 2016
House
  • Median price $307,450
  • Monthly growth 12.20 %
  • Quarterly trend
  • Stock on market 2.30%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Millet Home Price

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When looking across the province, Millet is the 136th most expensive in Alberta.

With Millet’s median house price at $307,450 in Aug , it is above average compared to the rest of Alberta.

4 bedroom properties are the most common available for real estate investors this month in neighbourhood.

This month we track 98th neighbourhoods in Alberta, and Millet has the 98th 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 Millet will hopefully provide an indicator to help you where to research in-depth

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Millet, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 21, this month we show 20.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

Alberta has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Millet have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
2 bedrooms $149,950
3 bedrooms $319,900
4 bedrooms $347,000
5 bedrooms $295,000
Demographics
  • Population in 20112092
  • Population in 20062068
  • 2006 to 2011 population change (%)1.2
  • Total private dwellings869
  • Private dwellings occupied by usual residents836
  • Population density per square kilometre558.7
  • Land area (square km)3.74
  • Age Characteristics
    Total population by age groups 2090
    0 to 4 years 135
    5 to 9 years 125
    10 to 14 years 120
    15 to 19 years 150
    15 years 25
    16 years 35
    17 years 25
    18 years 35
    19 years 25
    20 to 24 years 105
    25 to 29 years 135
    30 to 34 years 125
    35 to 39 years 125
    40 to 44 years 135
    45 to 49 years 160
    50 to 54 years 185
    55 to 59 years 165
    60 to 64 years 170
    65 to 69 years 115
    70 to 74 years 80
    75 to 79 years 35
    80 to 84 years 25
    85 years and over 10
    Median age of the population 40.8
    % of the population aged 15 and over 81.4
  • Marital Status
    Total population 15 years and over by marital status 1705
    Married or living with a common-law partner 1055
    Married (and not separated) 840
    Living common-law 215
    Not married and not living with a common-law partner 650
    Single (never legally married) 370
    Separated 70
    Divorced 145
    Widowed 70
    Family Characteristics
    Total number of census families in private households 620
    Size of census family: 2 persons 335
    Size of census family: 3 persons 135
    Size of census family: 4 persons 95
    Size of census family: 5 or more persons 50
    Total number of census families in private households 620
    Total couple families by family structure and number of children 520
    Married couples 415
    Without children at home 225
    With children at home 190
    1 child 80
    2 children 70
    3 or more children 40
    Common-law couples 105
    Without children at home 50
    With children at home 50
    1 child 25
    2 children 20
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 100
    Female parent 80
    1 child 40
    2 children 25
    3 or more children 10
    Male parent 20
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 605
    Under six years of age 170
    6 to 14 years 200
    15 to 17 years 85
    18 to 24 years 105
    25 years and over 40
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 2060
    Number of persons not in census families 315
    Living with relatives 45
    Living with non-relatives only 85
    Living alone 195
    Number of census family persons 1740
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 255
    Number of persons not in census families aged 65 years and over 65
    Living with relatives 10
    Living with non-relatives only 5
    Living alone 50
    Number of census family persons aged 65 years and over 190
    Total number of private households by household type 840
    Census-family households 610
    One-family-only households 555
    Couple-family households 475
    Without children 260
    With children 215
    Lone-parent-family households 80
    Other family households 60
    One-family households with persons not in a census family 50
    Couple-family households 30
    Without children 10
    With children 20
    Lone-parent-family households 20
    Two-or-more-family households 10
    Non-census-family households 230
    One-person households 190
    Two-or-more-person households 35
    Total number of occupied private dwellings by structural type of dwelling 835
    Single-detached house 575
    Apartment, building that has five or more storeys 0
    Movable dwelling 190
    Other dwelling 70
    Semi-detached house 5
    Row house 25
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 35
    Other single-attached house 0
    Total number of private households by household size 840
    1 person 195
    2 persons 335
    3 persons 140
    4 persons 115
    5 persons 50
    6 or more persons 15
    Number of persons in private households 2060
    Average number of persons in private households 2.5
Census 2011

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