Real Estate Market Report for
Ponoka, AB

Updated : Aug 2016
House
  • Median price $274,900
  • Monthly growth 19.57 %
  • Quarterly trend
  • Stock on market 2.49%
Apartment
  • Median price $237,500
  • Monthly growth -0.29 %
  • Quarterly trend
  • Stock on market 0.36%
Ponoka Home Price

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Across the nation CREW lists data for 5162 neighbourhoods, and this month Ponoka is number 1766 putting it in the top half of the country .

Ponoka, Alberta has a median house price of $274,900 when compiling all the home listings in Aug .

How big are the houses being sold in Ponoka? This month there are 2 one bedroom 9 two bedroom 20 three bedroom 26 four bedroom 16 five bedroom homes on the market.

According to our stats, Ponoka is the neighbourhood that has the 41th most properties available to real estate investors in Alberta.

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

Over the last three months in Ponoka, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

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

While the median for Alberta is $259,000 , which means that Ponoka’s median price is $237,500 better than average than the rest of the province.

Ponoka’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 3 bedrooms.

From our data, it appears that neighbourhood is number 384th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.

As one of Alberta’s many potential real estate investment neighbourhoods, Ponoka needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

If you are looking at investment properties in Ponoka, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

Beds Median price (House) Median price (Apartment)
1 bedroom $107,450
2 bedrooms $219,900 $224,000
3 bedrooms $228,250 $164,900
4 bedrooms $286,950 $254,450
5 bedrooms $340,950
Demographics
  • Population in 20116773
  • Population in 20066576
  • 2006 to 2011 population change (%)3
  • Total private dwellings3047
  • Private dwellings occupied by usual residents2785
  • Population density per square kilometre519.2
  • Land area (square km)13.05
  • Age Characteristics
    Total population by age groups 6775
    0 to 4 years 400
    5 to 9 years 390
    10 to 14 years 435
    15 to 19 years 460
    15 years 100
    16 years 85
    17 years 110
    18 years 85
    19 years 80
    20 to 24 years 410
    25 to 29 years 425
    30 to 34 years 400
    35 to 39 years 375
    40 to 44 years 390
    45 to 49 years 475
    50 to 54 years 495
    55 to 59 years 460
    60 to 64 years 350
    65 to 69 years 310
    70 to 74 years 270
    75 to 79 years 225
    80 to 84 years 210
    85 years and over 290
    Median age of the population 41.1
    % of the population aged 15 and over 81.9
  • Marital Status
    Total population 15 years and over by marital status 5550
    Married or living with a common-law partner 3030
    Married (and not separated) 2495
    Living common-law 535
    Not married and not living with a common-law partner 2515
    Single (never legally married) 1335
    Separated 200
    Divorced 470
    Widowed 510
    Family Characteristics
    Total number of census families in private households 1815
    Size of census family: 2 persons 985
    Size of census family: 3 persons 375
    Size of census family: 4 persons 295
    Size of census family: 5 or more persons 165
    Total number of census families in private households 1820
    Total couple families by family structure and number of children 1465
    Married couples 1200
    Without children at home 630
    With children at home 570
    1 child 205
    2 children 230
    3 or more children 135
    Common-law couples 260
    Without children at home 155
    With children at home 110
    1 child 60
    2 children 30
    3 or more children 20
    Total lone-parent families by sex of parent and number of children 350
    Female parent 295
    1 child 165
    2 children 90
    3 or more children 40
    Male parent 55
    1 child 35
    2 children 20
    3 or more children 5
    Total children in census families in private households 1860
    Under six years of age 470
    6 to 14 years 720
    15 to 17 years 275
    18 to 24 years 280
    25 years and over 120
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 6435
    Number of persons not in census families 1285
    Living with relatives 130
    Living with non-relatives only 260
    Living alone 900
    Number of census family persons 5150
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 1010
    Number of persons not in census families aged 65 years and over 365
    Living with relatives 20
    Living with non-relatives only 15
    Living alone 325
    Number of census family persons aged 65 years and over 645
    Total number of private households by household type 2785
    Census-family households 1785
    One-family-only households 1625
    Couple-family households 1350
    Without children 725
    With children 625
    Lone-parent-family households 275
    Other family households 160
    One-family households with persons not in a census family 130
    Couple-family households 75
    Without children 35
    With children 40
    Lone-parent-family households 50
    Two-or-more-family households 30
    Non-census-family households 995
    One-person households 900
    Two-or-more-person households 100
    Total number of occupied private dwellings by structural type of dwelling 2785
    Single-detached house 1945
    Apartment, building that has five or more storeys 0
    Movable dwelling 175
    Other dwelling 660
    Semi-detached house 145
    Row house 65
    Apartment, duplex 90
    Apartment, building that has fewer than five storeys 365
    Other single-attached house 5
    Total number of private households by household size 2785
    1 person 900
    2 persons 960
    3 persons 395
    4 persons 315
    5 persons 145
    6 or more persons 65
    Number of persons in private households 6435
    Average number of persons in private households 2.3
Census 2011

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