Real Estate Market Report for
Rimbey, AB

Updated : Aug 2016
House
  • Median price $299,000
  • Monthly growth 23.34 %
  • Quarterly trend
  • Stock on market 3.05%
Apartment
  • Median price $237,450
  • Monthly growth 0.23 %
  • Quarterly trend
  • Stock on market 0.56%
Rimbey Home Price

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When looking across the province, Rimbey is the 146th most expensive in Alberta.

Rimbey, Alberta has a median house price of $299,000 when compiling all the home listings in Aug .

According to our stats, Rimbey is the neighbourhood that has the 73th most properties available to real estate investors in Alberta.

As one of Alberta’s many potential real estate investment neighbourhoods, Rimbey 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Rimbey there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

The median house price listed in Rimbey this month is $237,450.

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.

According to our stats, Rimbey is the neighbourhood that has the 50th most properties available to real estate investors in Alberta.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Rimbey will hopefully provide an indicator to help you where to research in-depth

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)
1 bedroom $211,250
2 bedrooms $241,950 $232,400
3 bedrooms $269,900
4 bedrooms $329,000
5 bedrooms $299,000
Demographics
  • Population in 20112378
  • Population in 20062252
  • 2006 to 2011 population change (%)5.6
  • Total private dwellings1081
  • Private dwellings occupied by usual residents983
  • Population density per square kilometre209.7
  • Land area (square km)11.34
  • Age Characteristics
    Total population by age groups 2380
    0 to 4 years 140
    5 to 9 years 125
    10 to 14 years 130
    15 to 19 years 135
    15 years 30
    16 years 30
    17 years 25
    18 years 25
    19 years 20
    20 to 24 years 130
    25 to 29 years 120
    30 to 34 years 140
    35 to 39 years 130
    40 to 44 years 130
    45 to 49 years 150
    50 to 54 years 145
    55 to 59 years 120
    60 to 64 years 145
    65 to 69 years 115
    70 to 74 years 130
    75 to 79 years 130
    80 to 84 years 120
    85 years and over 145
    Median age of the population 45.4
    % of the population aged 15 and over 83.6
  • Marital Status
    Total population 15 years and over by marital status 1985
    Married or living with a common-law partner 1185
    Married (and not separated) 965
    Living common-law 210
    Not married and not living with a common-law partner 805
    Single (never legally married) 355
    Separated 75
    Divorced 120
    Widowed 255
    Family Characteristics
    Total number of census families in private households 660
    Size of census family: 2 persons 390
    Size of census family: 3 persons 120
    Size of census family: 4 persons 95
    Size of census family: 5 or more persons 55
    Total number of census families in private households 660
    Total couple families by family structure and number of children 560
    Married couples 460
    Without children at home 270
    With children at home 185
    1 child 70
    2 children 70
    3 or more children 40
    Common-law couples 105
    Without children at home 65
    With children at home 40
    1 child 20
    2 children 15
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 95
    Female parent 80
    1 child 40
    2 children 25
    3 or more children 10
    Male parent 10
    1 child 10
    2 children 0
    3 or more children 0
    Total children in census families in private households 580
    Under six years of age 160
    6 to 14 years 235
    15 to 17 years 80
    18 to 24 years 70
    25 years and over 35
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 2215
    Number of persons not in census families 410
    Living with relatives 30
    Living with non-relatives only 80
    Living alone 300
    Number of census family persons 1805
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 480
    Number of persons not in census families aged 65 years and over 180
    Living with relatives 5
    Living with non-relatives only 10
    Living alone 160
    Number of census family persons aged 65 years and over 305
    Total number of private households by household type 980
    Census-family households 645
    One-family-only households 615
    Couple-family households 535
    Without children 320
    With children 210
    Lone-parent-family households 75
    Other family households 35
    One-family households with persons not in a census family 25
    Couple-family households 15
    Without children 10
    With children 10
    Lone-parent-family households 10
    Two-or-more-family households 10
    Non-census-family households 335
    One-person households 300
    Two-or-more-person households 35
    Total number of occupied private dwellings by structural type of dwelling 985
    Single-detached house 715
    Apartment, building that has five or more storeys 0
    Movable dwelling 105
    Other dwelling 165
    Semi-detached house 55
    Row house 65
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 40
    Other single-attached house 0
    Total number of private households by household size 980
    1 person 300
    2 persons 395
    3 persons 120
    4 persons 100
    5 persons 45
    6 or more persons 20
    Number of persons in private households 2215
    Average number of persons in private households 2.2
Census 2011

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