Real Estate Market Report for
Oyen, AB

Updated : Aug 2016
House
  • Median price $162,000
  • Monthly growth -10.98 %
  • Quarterly trend
  • Stock on market 2.63%
Apartment
  • Median price $176,250
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.48%
Oyen Home Price

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The median asking price in Oyen is $162,000, less than the median three months ago which was $160,500 .

Want a cheaply priced house? Then at $162,000 this month, Oyen, Alberta is somewhere that you should look at price wise.

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

There are 339 neighbourhoods that have more properties on sale than Oyen at the moment in Alberta which puts the neighbourhood middle range when looking at the number of properties to choose from.

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

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

When looking across the province, Oyen is the 86th most expensive in Alberta.

The $176,250 price tag on the median Oyen home means that it is below the national norm.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Oyen has not many at all compared to the rest of the province

Can we guarantee how well Oyen is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

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 $105,500
3 bedrooms $195,000
4 bedrooms $157,000
Demographics
  • Population in 2011973
  • Population in 20061015
  • 2006 to 2011 population change (%)-4.1
  • Total private dwellings418
  • Private dwellings occupied by usual residents383
  • Population density per square kilometre197.4
  • Land area (square km)4.93
  • Age Characteristics
    Total population by age groups 970
    0 to 4 years 50
    5 to 9 years 45
    10 to 14 years 45
    15 to 19 years 60
    15 years 20
    16 years 10
    17 years 10
    18 years 15
    19 years 10
    20 to 24 years 30
    25 to 29 years 55
    30 to 34 years 45
    35 to 39 years 45
    40 to 44 years 55
    45 to 49 years 90
    50 to 54 years 70
    55 to 59 years 60
    60 to 64 years 60
    65 to 69 years 55
    70 to 74 years 30
    75 to 79 years 45
    80 to 84 years 40
    85 years and over 80
    Median age of the population 47.7
    % of the population aged 15 and over 84.5
  • Marital Status
    Total population 15 years and over by marital status 830
    Married or living with a common-law partner 485
    Married (and not separated) 440
    Living common-law 40
    Not married and not living with a common-law partner 340
    Single (never legally married) 160
    Separated 20
    Divorced 35
    Widowed 125
    Family Characteristics
    Total number of census families in private households 255
    Size of census family: 2 persons 145
    Size of census family: 3 persons 40
    Size of census family: 4 persons 45
    Size of census family: 5 or more persons 25
    Total number of census families in private households 255
    Total couple families by family structure and number of children 230
    Married couples 210
    Without children at home 120
    With children at home 95
    1 child 30
    2 children 35
    3 or more children 25
    Common-law couples 20
    Without children at home 10
    With children at home 10
    1 child 5
    2 children 10
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 25
    Female parent 15
    1 child 10
    2 children 5
    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 235
    Under six years of age 55
    6 to 14 years 85
    15 to 17 years 40
    18 to 24 years 30
    25 years and over 20
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 885
    Number of persons not in census families 170
    Living with relatives 10
    Living with non-relatives only 35
    Living alone 125
    Number of census family persons 720
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 165
    Number of persons not in census families aged 65 years and over 60
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 55
    Number of census family persons aged 65 years and over 110
    Total number of private households by household type 380
    Census-family households 255
    One-family-only households 240
    Couple-family households 220
    Without children 120
    With children 100
    Lone-parent-family households 20
    Other family households 15
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 5
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 130
    One-person households 125
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 385
    Single-detached house 325
    Apartment, building that has five or more storeys 0
    Movable dwelling 30
    Other dwelling 30
    Semi-detached house 20
    Row house 0
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 5
    Other single-attached house 0
    Total number of private households by household size 380
    1 person 125
    2 persons 140
    3 persons 40
    4 persons 45
    5 persons 25
    6 or more persons 10
    Number of persons in private households 885
    Average number of persons in private households 2.3
Census 2011

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