Real Estate Market Report for
Morinville, AB

Updated : Aug 2016
House
  • Median price $389,950
  • Monthly growth 5.42 %
  • Quarterly trend
  • Stock on market 3.31%
Apartment
  • Median price $199,900
  • Monthly growth -5.66 %
  • Quarterly trend
  • Stock on market 0.52%
Morinville Home Price

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When looking across the province, Morinville is the 86th most expensive in Alberta.

While the median for Alberta is $375,000 , which means that Morinville’s median price is $389,949 considerably better than the rest of the province.

Investors looking for properties in Morinville are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.

There are 339 neighbourhoods that have more properties on sale than Morinville at the moment in Alberta which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.

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

In Morinville, 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.

Canada’s national median home listing price this month is $244,900, which means that Morinville is close to average for Canada.

With Morinville’s median house price at $199,900 in Aug , it is below average compared to the rest of Alberta.

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

Across Alberta Morinville has the 25th most properties on offer with 99.

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.

In Morinville, 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.

Beds Median price (House) Median price (Apartment)
1 bedroom $162,400
2 bedrooms $228,700 $188,250
3 bedrooms $377,450 $319,670
4 bedrooms $409,900
5 bedrooms $434,000
Demographics
  • Population in 20118569
  • Population in 20066775
  • 2006 to 2011 population change (%)26.5
  • Total private dwellings3261
  • Private dwellings occupied by usual residents3078
  • Population density per square kilometre755.6
  • Land area (square km)11.34
  • Age Characteristics
    Total population by age groups 8570
    0 to 4 years 755
    5 to 9 years 595
    10 to 14 years 535
    15 to 19 years 625
    15 years 135
    16 years 130
    17 years 115
    18 years 125
    19 years 115
    20 to 24 years 555
    25 to 29 years 770
    30 to 34 years 745
    35 to 39 years 615
    40 to 44 years 605
    45 to 49 years 640
    50 to 54 years 610
    55 to 59 years 485
    60 to 64 years 350
    65 to 69 years 230
    70 to 74 years 180
    75 to 79 years 105
    80 to 84 years 75
    85 years and over 95
    Median age of the population 32.8
    % of the population aged 15 and over 77.9
  • Marital Status
    Total population 15 years and over by marital status 6680
    Married or living with a common-law partner 4335
    Married (and not separated) 3610
    Living common-law 725
    Not married and not living with a common-law partner 2345
    Single (never legally married) 1555
    Separated 200
    Divorced 325
    Widowed 260
    Family Characteristics
    Total number of census families in private households 2470
    Size of census family: 2 persons 1065
    Size of census family: 3 persons 600
    Size of census family: 4 persons 550
    Size of census family: 5 or more persons 250
    Total number of census families in private households 2470
    Total couple families by family structure and number of children 2145
    Married couples 1780
    Without children at home 715
    With children at home 1065
    1 child 390
    2 children 470
    3 or more children 200
    Common-law couples 365
    Without children at home 185
    With children at home 175
    1 child 95
    2 children 50
    3 or more children 35
    Total lone-parent families by sex of parent and number of children 330
    Female parent 245
    1 child 115
    2 children 90
    3 or more children 40
    Male parent 80
    1 child 50
    2 children 30
    3 or more children 5
    Total children in census families in private households 2855
    Under six years of age 880
    6 to 14 years 970
    15 to 17 years 365
    18 to 24 years 480
    25 years and over 160
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 8470
    Number of persons not in census families 1000
    Living with relatives 180
    Living with non-relatives only 280
    Living alone 540
    Number of census family persons 7470
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 580
    Number of persons not in census families aged 65 years and over 165
    Living with relatives 25
    Living with non-relatives only 10
    Living alone 135
    Number of census family persons aged 65 years and over 415
    Total number of private households by household type 3080
    Census-family households 2430
    One-family-only households 2220
    Couple-family households 1985
    Without children 830
    With children 1155
    Lone-parent-family households 235
    Other family households 210
    One-family households with persons not in a census family 170
    Couple-family households 110
    Without children 45
    With children 65
    Lone-parent-family households 60
    Two-or-more-family households 45
    Non-census-family households 645
    One-person households 540
    Two-or-more-person households 110
    Total number of occupied private dwellings by structural type of dwelling 3080
    Single-detached house 2335
    Apartment, building that has five or more storeys 45
    Movable dwelling 70
    Other dwelling 630
    Semi-detached house 165
    Row house 260
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 200
    Other single-attached house 0
    Total number of private households by household size 3080
    1 person 540
    2 persons 1025
    3 persons 615
    4 persons 570
    5 persons 245
    6 or more persons 80
    Number of persons in private households 8465
    Average number of persons in private households 2.8
Census 2011

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