Real Estate Market Report for
Olds, AB

Updated : Aug 2016
House
  • Median price $379,650
  • Monthly growth 52.04 %
  • Quarterly trend
  • Stock on market 2.70%
Apartment
  • Median price $314,900
  • Monthly growth 28.81 %
  • Quarterly trend
  • Stock on market 0.62%
Olds Home Price

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Across the nation CREW lists data for 5162 neighbourhoods, and this month Olds is number 867 putting it ahead of most neighbourhoods .

The median house price listed in Olds this month is $379,650.

If you’re looking at investment properties in Olds, then you’re most likely to find homes with 2 bedrooms on sale this month.

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

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

When looking across the province, Olds is the 26th most expensive in Alberta.

When our research team crunched the numbers we calculated that Olds has a median home price of $314,900.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

There are 99 neighbourhoods that have more properties on sale than Olds at the moment in Alberta which puts the neighbourhood top 40% when looking at the number of properties to choose from.

Is Olds a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Olds have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
2 bedrooms $317,300
3 bedrooms $368,700
4 bedrooms $407,450
5 bedrooms $489,900
Demographics
  • Population in 20118235
  • Population in 20067253
  • 2006 to 2011 population change (%)13.5
  • Total private dwellings3702
  • Private dwellings occupied by usual residents3400
  • Population density per square kilometre553.8
  • Land area (square km)14.87
  • Age Characteristics
    Total population by age groups 8235
    0 to 4 years 465
    5 to 9 years 430
    10 to 14 years 475
    15 to 19 years 570
    15 years 130
    16 years 100
    17 years 115
    18 years 105
    19 years 125
    20 to 24 years 520
    25 to 29 years 515
    30 to 34 years 495
    35 to 39 years 490
    40 to 44 years 535
    45 to 49 years 560
    50 to 54 years 590
    55 to 59 years 505
    60 to 64 years 495
    65 to 69 years 410
    70 to 74 years 360
    75 to 79 years 325
    80 to 84 years 230
    85 years and over 260
    Median age of the population 41.2
    % of the population aged 15 and over 83.4
  • Marital Status
    Total population 15 years and over by marital status 6870
    Married or living with a common-law partner 4160
    Married (and not separated) 3620
    Living common-law 535
    Not married and not living with a common-law partner 2710
    Single (never legally married) 1590
    Separated 160
    Divorced 445
    Widowed 515
    Family Characteristics
    Total number of census families in private households 2340
    Size of census family: 2 persons 1350
    Size of census family: 3 persons 365
    Size of census family: 4 persons 425
    Size of census family: 5 or more persons 200
    Total number of census families in private households 2340
    Total couple families by family structure and number of children 2040
    Married couples 1770
    Without children at home 995
    With children at home 780
    1 child 250
    2 children 360
    3 or more children 170
    Common-law couples 270
    Without children at home 160
    With children at home 110
    1 child 40
    2 children 45
    3 or more children 25
    Total lone-parent families by sex of parent and number of children 300
    Female parent 240
    1 child 155
    2 children 55
    3 or more children 30
    Male parent 65
    1 child 45
    2 children 15
    3 or more children 5
    Total children in census families in private households 2170
    Under six years of age 555
    6 to 14 years 805
    15 to 17 years 325
    18 to 24 years 365
    25 years and over 125
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 8045
    Number of persons not in census families 1500
    Living with relatives 135
    Living with non-relatives only 415
    Living alone 945
    Number of census family persons 6550
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 1420
    Number of persons not in census families aged 65 years and over 465
    Living with relatives 35
    Living with non-relatives only 25
    Living alone 405
    Number of census family persons aged 65 years and over 955
    Total number of private households by household type 3400
    Census-family households 2290
    One-family-only households 2105
    Couple-family households 1880
    Without children 1060
    With children 820
    Lone-parent-family households 230
    Other family households 180
    One-family households with persons not in a census family 135
    Couple-family households 105
    Without children 60
    With children 45
    Lone-parent-family households 30
    Two-or-more-family households 45
    Non-census-family households 1110
    One-person households 945
    Two-or-more-person households 165
    Total number of occupied private dwellings by structural type of dwelling 3400
    Single-detached house 2120
    Apartment, building that has five or more storeys 5
    Movable dwelling 235
    Other dwelling 1040
    Semi-detached house 345
    Row house 95
    Apartment, duplex 140
    Apartment, building that has fewer than five storeys 450
    Other single-attached house 15
    Total number of private households by household size 3400
    1 person 950
    2 persons 1325
    3 persons 425
    4 persons 460
    5 persons 165
    6 or more persons 85
    Number of persons in private households 8045
    Average number of persons in private households 2.4
Census 2011

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