Real Estate Market Report for
Penhold, AB

Updated : Aug 2016
House
  • Median price $324,450
  • Monthly growth 14.89 %
  • Quarterly trend
  • Stock on market 4.97%
Apartment
  • Median price $229,900
  • Monthly growth -7.09 %
  • Quarterly trend
  • Stock on market 0.32%
Penhold Home Price

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Across the country as a whole, Penhold is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

The median house price listed in Penhold this month is $324,450.

If you’re looking at investment properties in Penhold, then you’re most likely to find homes with 3 bedrooms on sale this month.

Alberta has the fourth most amount of properties available to property investors, with Penhold having 56th most in the province, out of a total of 339.

Will prices rise across the next year in in Penhold? There are a number of real estate indicators to consider.

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.

Penhold, Alberta has a median house price of $229,900 when compiling all the home listings in Aug .

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

Across Alberta Penhold has the 69th most properties on offer with 99.

Will prices rise across the next year in in Penhold? There are a number of real estate indicators to consider.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Penhold there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
2 bedrooms $330,000
3 bedrooms $314,900 $247,450
4 bedrooms $304,900
5 bedrooms $412,400
Demographics
  • Population in 20112375
  • Population in 20061971
  • 2006 to 2011 population change (%)20.5
  • Total private dwellings925
  • Private dwellings occupied by usual residents889
  • Population density per square kilometre445.3
  • Land area (square km)5.33
  • Age Characteristics
    Total population by age groups 2375
    0 to 4 years 210
    5 to 9 years 170
    10 to 14 years 150
    15 to 19 years 145
    15 years 30
    16 years 25
    17 years 25
    18 years 30
    19 years 30
    20 to 24 years 165
    25 to 29 years 270
    30 to 34 years 230
    35 to 39 years 180
    40 to 44 years 160
    45 to 49 years 175
    50 to 54 years 145
    55 to 59 years 130
    60 to 64 years 100
    65 to 69 years 50
    70 to 74 years 35
    75 to 79 years 25
    80 to 84 years 20
    85 years and over 5
    Median age of the population 31.6
    % of the population aged 15 and over 77.6
  • Marital Status
    Total population 15 years and over by marital status 1845
    Married or living with a common-law partner 1230
    Married (and not separated) 940
    Living common-law 290
    Not married and not living with a common-law partner 610
    Single (never legally married) 410
    Separated 60
    Divorced 95
    Widowed 40
    Family Characteristics
    Total number of census families in private households 715
    Size of census family: 2 persons 330
    Size of census family: 3 persons 170
    Size of census family: 4 persons 155
    Size of census family: 5 or more persons 60
    Total number of census families in private households 715
    Total couple families by family structure and number of children 615
    Married couples 465
    Without children at home 200
    With children at home 265
    1 child 95
    2 children 120
    3 or more children 50
    Common-law couples 145
    Without children at home 75
    With children at home 70
    1 child 40
    2 children 30
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 100
    Female parent 80
    1 child 40
    2 children 30
    3 or more children 10
    Male parent 25
    1 child 20
    2 children 5
    3 or more children 0
    Total children in census families in private households 765
    Under six years of age 255
    6 to 14 years 270
    15 to 17 years 75
    18 to 24 years 115
    25 years and over 45
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 2375
    Number of persons not in census families 280
    Living with relatives 45
    Living with non-relatives only 85
    Living alone 155
    Number of census family persons 2095
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 140
    Number of persons not in census families aged 65 years and over 40
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 40
    Number of census family persons aged 65 years and over 100
    Total number of private households by household type 885
    Census-family households 700
    One-family-only households 645
    Couple-family households 570
    Without children 255
    With children 310
    Lone-parent-family households 75
    Other family households 55
    One-family households with persons not in a census family 45
    Couple-family households 30
    Without children 15
    With children 15
    Lone-parent-family households 15
    Two-or-more-family households 15
    Non-census-family households 185
    One-person households 155
    Two-or-more-person households 35
    Total number of occupied private dwellings by structural type of dwelling 890
    Single-detached house 640
    Apartment, building that has five or more storeys 0
    Movable dwelling 115
    Other dwelling 140
    Semi-detached house 65
    Row house 25
    Apartment, duplex 20
    Apartment, building that has fewer than five storeys 40
    Other single-attached house 0
    Total number of private households by household size 890
    1 person 155
    2 persons 320
    3 persons 180
    4 persons 165
    5 persons 60
    6 or more persons 15
    Number of persons in private households 2375
    Average number of persons in private households 2.7
Census 2011

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