Real Estate Market Report for
Mundare, AB

Updated : Aug 2016
House
  • Median price $302,000
  • Monthly growth 13.12 %
  • Quarterly trend
  • Stock on market 5.68%
Apartment
  • Median price $341,950
  • Monthly growth -2.28 %
  • Quarterly trend
  • Stock on market 0.52%
Mundare Home Price

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When looking across the province, Mundare is the 140th most expensive in Alberta.

Mundare, Alberta has a median house price of $302,000 when compiling all the home listings in Aug .

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

There are 339 neighbourhoods that have more properties on sale than Mundare at the moment in Alberta which puts the neighbourhood top 40% when looking at the number of properties to choose from.

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.

If you are looking at investment properties in Mundare, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.

The median house price listed in Mundare this month is $341,950.

From our data, it appears that neighbourhood is number 838th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.

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

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
2 bedrooms $159,000
3 bedrooms $258,900
4 bedrooms $359,900
Demographics
  • Population in 2011855
  • Population in 2006712
  • 2006 to 2011 population change (%)20.1
  • Total private dwellings387
  • Private dwellings occupied by usual residents349
  • Population density per square kilometre203.6
  • Land area (square km)4.2
  • Age Characteristics
    Total population by age groups 855
    0 to 4 years 50
    5 to 9 years 40
    10 to 14 years 35
    15 to 19 years 35
    15 years 10
    16 years 5
    17 years 5
    18 years 5
    19 years 5
    20 to 24 years 45
    25 to 29 years 45
    30 to 34 years 45
    35 to 39 years 35
    40 to 44 years 50
    45 to 49 years 50
    50 to 54 years 75
    55 to 59 years 60
    60 to 64 years 65
    65 to 69 years 65
    70 to 74 years 50
    75 to 79 years 50
    80 to 84 years 30
    85 years and over 25
    Median age of the population 49
    % of the population aged 15 and over 85.6
  • Marital Status
    Total population 15 years and over by marital status 730
    Married or living with a common-law partner 425
    Married (and not separated) 345
    Living common-law 80
    Not married and not living with a common-law partner 305
    Single (never legally married) 160
    Separated 25
    Divorced 55
    Widowed 75
    Family Characteristics
    Total number of census families in private households 245
    Size of census family: 2 persons 150
    Size of census family: 3 persons 45
    Size of census family: 4 persons 35
    Size of census family: 5 or more persons 15
    Total number of census families in private households 240
    Total couple families by family structure and number of children 205
    Married couples 165
    Without children at home 100
    With children at home 65
    1 child 25
    2 children 30
    3 or more children 15
    Common-law couples 40
    Without children at home 20
    With children at home 20
    1 child 10
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 35
    Female parent 25
    1 child 15
    2 children 5
    3 or more children 5
    Male parent 10
    1 child 10
    2 children 0
    3 or more children 0
    Total children in census families in private households 200
    Under six years of age 55
    6 to 14 years 70
    15 to 17 years 25
    18 to 24 years 30
    25 years and over 20
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 790
    Number of persons not in census families 140
    Living with relatives 15
    Living with non-relatives only 30
    Living alone 95
    Number of census family persons 650
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 160
    Number of persons not in census families aged 65 years and over 55
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 45
    Number of census family persons aged 65 years and over 100
    Total number of private households by household type 350
    Census-family households 235
    One-family-only households 220
    Couple-family households 195
    Without children 120
    With children 75
    Lone-parent-family households 25
    Other family households 20
    One-family households with persons not in a census family 15
    Couple-family households 5
    Without children 0
    With children 5
    Lone-parent-family households 5
    Two-or-more-family households 5
    Non-census-family households 110
    One-person households 95
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 350
    Single-detached house 320
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 25
    Semi-detached house 5
    Row house 15
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 5
    Total number of private households by household size 350
    1 person 95
    2 persons 145
    3 persons 45
    4 persons 35
    5 persons 20
    6 or more persons 0
    Number of persons in private households 790
    Average number of persons in private households 2.3
Census 2011

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