Real Estate Market Report for
Myrnam, AB

Updated : Aug 2016
House
  • Median price $135,000
  • Monthly growth 4.24 %
  • Quarterly trend
  • Stock on market 5.11%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Myrnam Home Price

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When looking across the province, Myrnam is the 297th most expensive in Alberta.

The $135,000 price tag on the median Myrnam home means that it is very cheap in comparison to the rest of the nation.

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

This month we track 160th neighbourhoods in Alberta, and Myrnam has the 160th most choice available for real estate investors.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Myrnam there is more stock than three months ago. This would indicate pressure on prices easing.

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.

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 $132,500
3 bedrooms $182,000
4 bedrooms $179,000
Demographics
  • Population in 2011370
  • Population in 2006362
  • 2006 to 2011 population change (%)2.2
  • Total private dwellings176
  • Private dwellings occupied by usual residents148
  • Population density per square kilometre134.2
  • Land area (square km)2.76
  • Age Characteristics
    Total population by age groups 370
    0 to 4 years 35
    5 to 9 years 20
    10 to 14 years 30
    15 to 19 years 10
    15 years 0
    16 years 5
    17 years 0
    18 years 5
    19 years 0
    20 to 24 years 25
    25 to 29 years 20
    30 to 34 years 20
    35 to 39 years 15
    40 to 44 years 10
    45 to 49 years 25
    50 to 54 years 20
    55 to 59 years 35
    60 to 64 years 25
    65 to 69 years 20
    70 to 74 years 20
    75 to 79 years 20
    80 to 84 years 15
    85 years and over 20
    Median age of the population 43.5
    % of the population aged 15 and over 76.5
  • Marital Status
    Total population 15 years and over by marital status 280
    Married or living with a common-law partner 140
    Married (and not separated) 120
    Living common-law 20
    Not married and not living with a common-law partner 140
    Single (never legally married) 55
    Separated 10
    Divorced 35
    Widowed 45
    Family Characteristics
    Total number of census families in private households 90
    Size of census family: 2 persons 45
    Size of census family: 3 persons 15
    Size of census family: 4 persons 15
    Size of census family: 5 or more persons 15
    Total number of census families in private households 90
    Total couple families by family structure and number of children 70
    Married couples 60
    Without children at home 25
    With children at home 35
    1 child 10
    2 children 10
    3 or more children 10
    Common-law couples 10
    Without children at home 5
    With children at home 0
    1 child 0
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 20
    Female parent 10
    1 child 5
    2 children 0
    3 or more children 5
    Male parent 5
    1 child 5
    2 children 0
    3 or more children 5
    Total children in census families in private households 115
    Under six years of age 40
    6 to 14 years 45
    15 to 17 years 5
    18 to 24 years 15
    25 years and over 10
    Average number of children at home per census family 1.3
  • Household And Dwelling Characteristics
    Total number of persons in private households 345
    Number of persons not in census families 70
    Living with relatives 5
    Living with non-relatives only 15
    Living alone 55
    Number of census family persons 275
    Average number of persons per census family 3.2
    Total number of persons 65 years and over in private households 65
    Number of persons not in census families aged 65 years and over 35
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 25
    Number of census family persons aged 65 years and over 30
    Total number of private households by household type 145
    Census-family households 85
    One-family-only households 80
    Couple-family households 65
    Without children 30
    With children 40
    Lone-parent-family households 15
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 5
    Non-census-family households 60
    One-person households 60
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 145
    Single-detached house 150
    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 145
    1 person 55
    2 persons 45
    3 persons 15
    4 persons 15
    5 persons 10
    6 or more persons 10
    Number of persons in private households 345
    Average number of persons in private households 2.4
Census 2011

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