Real Estate Market Report for
Thorsby, AB

Updated : Aug 2016
House
  • Median price $239,000
  • Monthly growth -5.90 %
  • Quarterly trend
  • Stock on market 4.02%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Thorsby Home Price

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When looking across the province, Thorsby is the 195th most expensive in Alberta.

When our research team crunched the numbers we calculated that Thorsby has a median home price of $239,000.

Investors looking for properties in Thorsby are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.

Alberta has the fourth most amount of properties available to property investors, with Thorsby having 117th most in the province, out of a total of 339.

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

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 Thorsby have increased which would tend to indicate that demand is not as high as supply.

Can we guarantee how well Thorsby 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.

Over the last three months in Thorsby, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
2 bedrooms $174,900
3 bedrooms $254,000
5 bedrooms $244,950
Demographics
  • Population in 2011797
  • Population in 2006945
  • 2006 to 2011 population change (%)-15.7
  • Total private dwellings373
  • Private dwellings occupied by usual residents334
  • Population density per square kilometre206
  • Land area (square km)3.87
  • Age Characteristics
    Total population by age groups 800
    0 to 4 years 60
    5 to 9 years 70
    10 to 14 years 45
    15 to 19 years 30
    15 years 5
    16 years 10
    17 years 5
    18 years 10
    19 years 5
    20 to 24 years 25
    25 to 29 years 50
    30 to 34 years 70
    35 to 39 years 55
    40 to 44 years 45
    45 to 49 years 50
    50 to 54 years 65
    55 to 59 years 45
    60 to 64 years 40
    65 to 69 years 35
    70 to 74 years 30
    75 to 79 years 25
    80 to 84 years 30
    85 years and over 15
    Median age of the population 38
    % of the population aged 15 and over 77.3
  • Marital Status
    Total population 15 years and over by marital status 620
    Married or living with a common-law partner 405
    Married (and not separated) 335
    Living common-law 70
    Not married and not living with a common-law partner 210
    Single (never legally married) 110
    Separated 15
    Divorced 45
    Widowed 45
    Family Characteristics
    Total number of census families in private households 230
    Size of census family: 2 persons 125
    Size of census family: 3 persons 45
    Size of census family: 4 persons 40
    Size of census family: 5 or more persons 20
    Total number of census families in private households 230
    Total couple families by family structure and number of children 200
    Married couples 170
    Without children at home 90
    With children at home 75
    1 child 25
    2 children 30
    3 or more children 20
    Common-law couples 35
    Without children at home 20
    With children at home 15
    1 child 5
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 30
    Female parent 15
    1 child 10
    2 children 5
    3 or more children 5
    Male parent 10
    1 child 0
    2 children 5
    3 or more children 5
    Total children in census families in private households 225
    Under six years of age 80
    6 to 14 years 95
    15 to 17 years 20
    18 to 24 years 20
    25 years and over 15
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 795
    Number of persons not in census families 140
    Living with relatives 20
    Living with non-relatives only 25
    Living alone 95
    Number of census family persons 660
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 135
    Number of persons not in census families aged 65 years and over 55
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 45
    Number of census family persons aged 65 years and over 85
    Total number of private households by household type 335
    Census-family households 225
    One-family-only households 215
    Couple-family households 190
    Without children 105
    With children 90
    Lone-parent-family households 25
    Other family households 15
    One-family households with persons not in a census family 10
    Couple-family households 10
    Without children 5
    With children 5
    Lone-parent-family households 5
    Two-or-more-family households 5
    Non-census-family households 110
    One-person households 95
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 335
    Single-detached house 285
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 40
    Semi-detached house 15
    Row house 20
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 10
    Other single-attached house 0
    Total number of private households by household size 335
    1 person 95
    2 persons 125
    3 persons 50
    4 persons 45
    5 persons 15
    6 or more persons 10
    Number of persons in private households 795
    Average number of persons in private households 2.4
Census 2011

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