Real Estate Market Report for
Okotoks, AB

Updated : Aug 2016
House
  • Median price $400,000
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.06%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Okotoks 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

The $400,000 price tag on the median Okotoks home means that it is quite highly priced by Canadian standards.

Across Alberta Okotoks has the 211th most properties on offer with 339.

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

In Okotoks, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

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

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

Beds Median price (House) Median price (Apartment)
2 bedrooms $199,900
Demographics
  • Population in 201124511
  • Population in 200617150
  • 2006 to 2011 population change (%)42.9
  • Total private dwellings8704
  • Private dwellings occupied by usual residents8423
  • Population density per square kilometre1273.8
  • Land area (square km)19.24
  • Age Characteristics
    Total population by age groups 24510
    0 to 4 years 2015
    5 to 9 years 2060
    10 to 14 years 2000
    15 to 19 years 1910
    15 years 400
    16 years 400
    17 years 405
    18 years 365
    19 years 340
    20 to 24 years 1310
    25 to 29 years 1470
    30 to 34 years 1845
    35 to 39 years 2130
    40 to 44 years 1950
    45 to 49 years 1915
    50 to 54 years 1750
    55 to 59 years 1380
    60 to 64 years 975
    65 to 69 years 725
    70 to 74 years 430
    75 to 79 years 290
    80 to 84 years 195
    85 years and over 165
    Median age of the population 34.1
    % of the population aged 15 and over 75.2
  • Marital Status
    Total population 15 years and over by marital status 18435
    Married or living with a common-law partner 12325
    Married (and not separated) 10830
    Living common-law 1500
    Not married and not living with a common-law partner 6110
    Single (never legally married) 4185
    Separated 480
    Divorced 935
    Widowed 520
    Family Characteristics
    Total number of census families in private households 6980
    Size of census family: 2 persons 2770
    Size of census family: 3 persons 1480
    Size of census family: 4 persons 1860
    Size of census family: 5 or more persons 870
    Total number of census families in private households 6980
    Total couple families by family structure and number of children 6115
    Married couples 5365
    Without children at home 1890
    With children at home 3480
    1 child 1040
    2 children 1645
    3 or more children 795
    Common-law couples 745
    Without children at home 420
    With children at home 320
    1 child 140
    2 children 135
    3 or more children 50
    Total lone-parent families by sex of parent and number of children 865
    Female parent 660
    1 child 340
    2 children 245
    3 or more children 70
    Male parent 205
    1 child 115
    2 children 65
    3 or more children 25
    Total children in census families in private households 8975
    Under six years of age 2440
    6 to 14 years 3595
    15 to 17 years 1180
    18 to 24 years 1415
    25 years and over 350
    Average number of children at home per census family 1.3
  • Household And Dwelling Characteristics
    Total number of persons in private households 24425
    Number of persons not in census families 2355
    Living with relatives 325
    Living with non-relatives only 730
    Living alone 1305
    Number of census family persons 22070
    Average number of persons per census family 3.2
    Total number of persons 65 years and over in private households 1730
    Number of persons not in census families aged 65 years and over 450
    Living with relatives 55
    Living with non-relatives only 30
    Living alone 365
    Number of census family persons aged 65 years and over 1280
    Total number of private households by household type 8425
    Census-family households 6855
    One-family-only households 6365
    Couple-family households 5675
    Without children 2125
    With children 3545
    Lone-parent-family households 695
    Other family households 490
    One-family households with persons not in a census family 365
    Couple-family households 260
    Without children 85
    With children 170
    Lone-parent-family households 110
    Two-or-more-family households 125
    Non-census-family households 1570
    One-person households 1305
    Two-or-more-person households 265
    Total number of occupied private dwellings by structural type of dwelling 8425
    Single-detached house 6500
    Apartment, building that has five or more storeys 5
    Movable dwelling 0
    Other dwelling 1920
    Semi-detached house 460
    Row house 525
    Apartment, duplex 35
    Apartment, building that has fewer than five storeys 890
    Other single-attached house 5
    Total number of private households by household size 8420
    1 person 1305
    2 persons 2685
    3 persons 1510
    4 persons 1880
    5 persons 715
    6 or more persons 335
    Number of persons in private households 24425
    Average number of persons in private households 2.9
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?