Real Estate Market Report for
Milo, AB

Updated : Jun 2016
House
  • Median price $154,850
  • Monthly growth -8.37 %
  • Quarterly trend
  • Stock on market 3.13%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Milo 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

With Milo’s median house price at $154,850 in Jun , it is one of the cheapest neighbourhoods compared to the rest of Alberta.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Milo has not many at all compared to the rest of the province

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

It’s never an exact art, but to try to forecast how property is going to appreciate in Milo for investors, it’s important to look at data like:

If you are looking at investment properties in Milo, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Demographics
  • Population in 2011122
  • Population in 2006100
  • 2006 to 2011 population change (%)22
  • Total private dwellings64
  • Private dwellings occupied by usual residents57
  • Population density per square kilometre116.9
  • Land area (square km)1.04
  • Age Characteristics
    Total population by age groups 125
    0 to 4 years 5
    5 to 9 years 0
    10 to 14 years 10
    15 to 19 years 5
    15 years 0
    16 years 5
    17 years 0
    18 years 0
    19 years 0
    20 to 24 years 5
    25 to 29 years 0
    30 to 34 years 5
    35 to 39 years 10
    40 to 44 years 10
    45 to 49 years 10
    50 to 54 years 10
    55 to 59 years 10
    60 to 64 years 10
    65 to 69 years 20
    70 to 74 years 10
    75 to 79 years 5
    80 to 84 years 5
    85 years and over 0
    Median age of the population 50.5
    % of the population aged 15 and over 86.1
  • Marital Status
    Total population 15 years and over by marital status 105
    Married or living with a common-law partner 65
    Married (and not separated) 60
    Living common-law 5
    Not married and not living with a common-law partner 40
    Single (never legally married) 20
    Separated 0
    Divorced 5
    Widowed 10
    Family Characteristics
    Total number of census families in private households 45
    Size of census family: 2 persons 30
    Size of census family: 3 persons 5
    Size of census family: 4 persons 0
    Size of census family: 5 or more persons 0
    Total number of census families in private households 45
    Total couple families by family structure and number of children 35
    Married couples 30
    Without children at home 20
    With children at home 10
    1 child 5
    2 children 5
    3 or more children 0
    Common-law couples 5
    Without children at home 0
    With children at home 0
    1 child 0
    2 children 0
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 5
    Female parent 5
    1 child 0
    2 children 0
    3 or more children 0
    Male parent 0
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 30
    Under six years of age 5
    6 to 14 years 5
    15 to 17 years 0
    18 to 24 years 5
    25 years and over 5
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 125
    Number of persons not in census families 15
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 20
    Number of census family persons 105
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 35
    Number of persons not in census families aged 65 years and over 10
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 10
    Number of census family persons aged 65 years and over 25
    Total number of private households by household type 55
    Census-family households 40
    One-family-only households 35
    Couple-family households 35
    Without children 25
    With children 10
    Lone-parent-family households 5
    Other family households 5
    One-family households with persons not in a census family 0
    Couple-family households 0
    Without children 0
    With children 5
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 20
    One-person households 15
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 55
    Single-detached house 55
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 0
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 60
    1 person 15
    2 persons 30
    3 persons 10
    4 persons 5
    5 persons 5
    6 or more persons 0
    Number of persons in private households 120
    Average number of persons in private households 2.1
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?