Real Estate Market Report for
Morrin, AB

Updated : Aug 2016
House
  • Median price $228,900
  • Monthly growth 4.54 %
  • Quarterly trend
  • Stock on market 3.88%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Morrin 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

When looking across the province, Morrin is the 204th most expensive in Alberta.

With Morrin’s median house price at $228,900 in Aug , it is about average compared to the rest of Alberta.

Morrin’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.

This month we track 211th neighbourhoods in Alberta, and Morrin has the 211th most choice available for real estate investors.

When we look at the data we have, it can help with trying to establish whether or not Morrin is a good investment target.

The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.

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

Beds Median price (House) Median price (Apartment)
4 bedrooms $259,900
Demographics
  • Population in 2011245
  • Population in 2006253
  • 2006 to 2011 population change (%)-3.2
  • Total private dwellings129
  • Private dwellings occupied by usual residents112
  • Population density per square kilometre298.9
  • Land area (square km)0.82
  • Age Characteristics
    Total population by age groups 245
    0 to 4 years 20
    5 to 9 years 10
    10 to 14 years 10
    15 to 19 years 15
    15 years 5
    16 years 5
    17 years 5
    18 years 0
    19 years 5
    20 to 24 years 10
    25 to 29 years 15
    30 to 34 years 10
    35 to 39 years 10
    40 to 44 years 15
    45 to 49 years 20
    50 to 54 years 20
    55 to 59 years 30
    60 to 64 years 20
    65 to 69 years 15
    70 to 74 years 15
    75 to 79 years 5
    80 to 84 years 0
    85 years and over 5
    Median age of the population 45.5
    % of the population aged 15 and over 83.7
  • Marital Status
    Total population 15 years and over by marital status 205
    Married or living with a common-law partner 130
    Married (and not separated) 105
    Living common-law 20
    Not married and not living with a common-law partner 80
    Single (never legally married) 35
    Separated 10
    Divorced 20
    Widowed 15
    Family Characteristics
    Total number of census families in private households 75
    Size of census family: 2 persons 45
    Size of census family: 3 persons 10
    Size of census family: 4 persons 10
    Size of census family: 5 or more persons 5
    Total number of census families in private households 75
    Total couple families by family structure and number of children 60
    Married couples 50
    Without children at home 35
    With children at home 15
    1 child 5
    2 children 10
    3 or more children 5
    Common-law couples 10
    Without children at home 5
    With children at home 5
    1 child 0
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 10
    Female parent 10
    1 child 5
    2 children 0
    3 or more children 0
    Male parent 5
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 65
    Under six years of age 20
    6 to 14 years 20
    15 to 17 years 10
    18 to 24 years 10
    25 years and over 5
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 245
    Number of persons not in census families 45
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 35
    Number of census family persons 200
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 40
    Number of persons not in census families aged 65 years and over 15
    Living with relatives 5
    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 115
    Census-family households 75
    One-family-only households 75
    Couple-family households 60
    Without children 35
    With children 25
    Lone-parent-family households 10
    Other family households 0
    One-family households with persons not in a census family 0
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 35
    One-person households 30
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 115
    Single-detached house 100
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 10
    Semi-detached house 0
    Row house 5
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 110
    1 person 30
    2 persons 50
    3 persons 10
    4 persons 10
    5 persons 5
    6 or more persons 0
    Number of persons in private households 245
    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

Is a T.O foreign sales tax a good idea?