Real Estate Market Report for
Three Hills, AB

Updated : Aug 2016
House
  • Median price $239,900
  • Monthly growth 24.49 %
  • Quarterly trend
  • Stock on market 2.07%
Apartment
  • Median price $312,000
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.16%
Three Hills Home Price

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Across the country as a whole, Three Hills is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

Want a cheaply priced house? Then at $239,900 this month, Three Hills, Alberta is a possibility for you price wise.

According to our stats, Three Hills is the neighbourhood that has the 85th 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 Three Hills will hopefully provide an indicator to help you where to research in-depth

In Three Hills, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

Three Hills was Canada’s 191th most expensive suburb by listed median house price this month.

With Three Hills’s median house price at $312,000 in Aug , it is above average compared to the rest of Alberta.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

Across Alberta Three Hills has the 80th most properties on offer with 99.

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

Over the last three months in Three Hills, housing stock available seems to be falling – this could mean that homes values might increase faster.

Beds Median price (House) Median price (Apartment)
1 bedroom $169,950
2 bedrooms $116,950
3 bedrooms $185,000
Demographics
  • Population in 20113198
  • Population in 20063089
  • 2006 to 2011 population change (%)3.5
  • Total private dwellings1257
  • Private dwellings occupied by usual residents1178
  • Population density per square kilometre567.8
  • Land area (square km)5.63
  • Age Characteristics
    Total population by age groups 3200
    0 to 4 years 205
    5 to 9 years 175
    10 to 14 years 210
    15 to 19 years 235
    15 years 45
    16 years 50
    17 years 50
    18 years 35
    19 years 60
    20 to 24 years 205
    25 to 29 years 165
    30 to 34 years 170
    35 to 39 years 195
    40 to 44 years 170
    45 to 49 years 220
    50 to 54 years 190
    55 to 59 years 185
    60 to 64 years 180
    65 to 69 years 140
    70 to 74 years 135
    75 to 79 years 130
    80 to 84 years 125
    85 years and over 160
    Median age of the population 40.9
    % of the population aged 15 and over 81.6
  • Marital Status
    Total population 15 years and over by marital status 2605
    Married or living with a common-law partner 1660
    Married (and not separated) 1565
    Living common-law 90
    Not married and not living with a common-law partner 945
    Single (never legally married) 590
    Separated 40
    Divorced 100
    Widowed 215
    Family Characteristics
    Total number of census families in private households 860
    Size of census family: 2 persons 455
    Size of census family: 3 persons 150
    Size of census family: 4 persons 130
    Size of census family: 5 or more persons 135
    Total number of census families in private households 865
    Total couple families by family structure and number of children 780
    Married couples 735
    Without children at home 380
    With children at home 360
    1 child 115
    2 children 115
    3 or more children 125
    Common-law couples 45
    Without children at home 25
    With children at home 20
    1 child 10
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 85
    Female parent 60
    1 child 35
    2 children 15
    3 or more children 10
    Male parent 20
    1 child 10
    2 children 5
    3 or more children 5
    Total children in census families in private households 940
    Under six years of age 235
    6 to 14 years 355
    15 to 17 years 135
    18 to 24 years 140
    25 years and over 65
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 3025
    Number of persons not in census families 440
    Living with relatives 25
    Living with non-relatives only 145
    Living alone 270
    Number of census family persons 2580
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 525
    Number of persons not in census families aged 65 years and over 135
    Living with relatives 10
    Living with non-relatives only 5
    Living alone 125
    Number of census family persons aged 65 years and over 385
    Total number of private households by household type 1180
    Census-family households 860
    One-family-only households 810
    Couple-family households 740
    Without children 380
    With children 360
    Lone-parent-family households 75
    Other family households 45
    One-family households with persons not in a census family 40
    Couple-family households 35
    Without children 20
    With children 15
    Lone-parent-family households 5
    Two-or-more-family households 10
    Non-census-family households 325
    One-person households 270
    Two-or-more-person households 55
    Total number of occupied private dwellings by structural type of dwelling 1180
    Single-detached house 900
    Apartment, building that has five or more storeys 0
    Movable dwelling 25
    Other dwelling 255
    Semi-detached house 60
    Row house 65
    Apartment, duplex 40
    Apartment, building that has fewer than five storeys 95
    Other single-attached house 0
    Total number of private households by household size 1180
    1 person 270
    2 persons 460
    3 persons 170
    4 persons 140
    5 persons 105
    6 or more persons 40
    Number of persons in private households 3025
    Average number of persons in private households 2.6
Census 2011

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