Real Estate Market Report for
Vegreville, AB

Updated : Aug 2016
House
  • Median price $249,725
  • Monthly growth -0.59 %
  • Quarterly trend
  • Stock on market 2.91%
Apartment
  • Median price $269,500
  • Monthly growth 8.27 %
  • Quarterly trend
  • Stock on market 0.26%
Vegreville Home Price

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

When our research team crunched the numbers we calculated that Vegreville has a median home price of $249,725.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

Alberta has the fourth most amount of properties available to property investors, with Vegreville having 40th most in the province, out of a total of 339.

Can we guarantee how well Vegreville 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.

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

Across the nation CREW lists data for 1054 neighbourhoods, and this month Vegreville is number 308 putting it in the top half of the country .

The $269,500 price tag on the median Vegreville home means that it is above the cost of most houses in the country.

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

There are 99 neighbourhoods that have more properties on sale than Vegreville at the moment in Alberta which puts the neighbourhood middle range when looking at the number of properties to choose from.

Can we guarantee how well Vegreville 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Vegreville there is more stock than three months ago. This would indicate pressure on prices easing.

Beds Median price (House) Median price (Apartment)
2 bedrooms $187,500 $248,900
3 bedrooms $259,900 $287,000
4 bedrooms $280,000
5 bedrooms $292,944
Demographics
  • Population in 20115717
  • Population in 20065519
  • 2006 to 2011 population change (%)3.6
  • Total private dwellings2680
  • Private dwellings occupied by usual residents2429
  • Population density per square kilometre410.6
  • Land area (square km)13.92
  • Age Characteristics
    Total population by age groups 5720
    0 to 4 years 320
    5 to 9 years 310
    10 to 14 years 340
    15 to 19 years 345
    15 years 80
    16 years 65
    17 years 60
    18 years 80
    19 years 60
    20 to 24 years 310
    25 to 29 years 285
    30 to 34 years 330
    35 to 39 years 335
    40 to 44 years 370
    45 to 49 years 430
    50 to 54 years 395
    55 to 59 years 360
    60 to 64 years 305
    65 to 69 years 280
    70 to 74 years 245
    75 to 79 years 260
    80 to 84 years 225
    85 years and over 280
    Median age of the population 44
    % of the population aged 15 and over 83
  • Marital Status
    Total population 15 years and over by marital status 4745
    Married or living with a common-law partner 2665
    Married (and not separated) 2230
    Living common-law 430
    Not married and not living with a common-law partner 2085
    Single (never legally married) 1075
    Separated 145
    Divorced 320
    Widowed 545
    Family Characteristics
    Total number of census families in private households 1530
    Size of census family: 2 persons 860
    Size of census family: 3 persons 255
    Size of census family: 4 persons 280
    Size of census family: 5 or more persons 135
    Total number of census families in private households 1530
    Total couple families by family structure and number of children 1275
    Married couples 1060
    Without children at home 585
    With children at home 475
    1 child 160
    2 children 205
    3 or more children 110
    Common-law couples 220
    Without children at home 110
    With children at home 100
    1 child 30
    2 children 45
    3 or more children 25
    Total lone-parent families by sex of parent and number of children 250
    Female parent 205
    1 child 120
    2 children 55
    3 or more children 35
    Male parent 45
    1 child 35
    2 children 5
    3 or more children 5
    Total children in census families in private households 1515
    Under six years of age 395
    6 to 14 years 575
    15 to 17 years 195
    18 to 24 years 235
    25 years and over 115
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 5425
    Number of persons not in census families 1100
    Living with relatives 70
    Living with non-relatives only 195
    Living alone 835
    Number of census family persons 4320
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 1025
    Number of persons not in census families aged 65 years and over 425
    Living with relatives 25
    Living with non-relatives only 15
    Living alone 385
    Number of census family persons aged 65 years and over 600
    Total number of private households by household type 2425
    Census-family households 1510
    One-family-only households 1420
    Couple-family households 1215
    Without children 670
    With children 545
    Lone-parent-family households 210
    Other family households 90
    One-family households with persons not in a census family 75
    Couple-family households 45
    Without children 20
    With children 20
    Lone-parent-family households 30
    Two-or-more-family households 15
    Non-census-family households 920
    One-person households 835
    Two-or-more-person households 80
    Total number of occupied private dwellings by structural type of dwelling 2430
    Single-detached house 1865
    Apartment, building that has five or more storeys 0
    Movable dwelling 65
    Other dwelling 495
    Semi-detached house 75
    Row house 60
    Apartment, duplex 25
    Apartment, building that has fewer than five storeys 340
    Other single-attached house 0
    Total number of private households by household size 2430
    1 person 835
    2 persons 865
    3 persons 270
    4 persons 305
    5 persons 110
    6 or more persons 45
    Number of persons in private households 5420
    Average number of persons in private households 2.2
Census 2011

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