Cochrane Real Estate

Refine your Cochrane real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Cochrane.

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  3. COCHRANE Real Estate

Home Prices in Cochrane

The asking price of homes for sale in Cochrane has decreased -4.88% since September last year, while the number of homes for sale has decreased -53.9%. See more Cochrane Home Prices & Values.

House
Median Asking Price
$485K
155 Houses
Townhouse
Median Asking Price
$320K
73 Townhouses
Condo
Median Asking Price
$212K
22 Condos

Find Real Estate & MLS® Listings in Cochrane

Zolo has the most detailed, up-to-date set of Cochrane real estate listings. At the moment, Cochrane has 251 homes for sale, including 153 houses, 22 condos, and 79 townhouses on the market. The average sold price for all home types in Cochrane is $448K, which is 22% higher than September 2019. See our Cochrane housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

Cochrane is home to 17 unique neighbourhoods. With Zolo you'll be able to find the most popular Cochrane neighbourhoods, the best schools in the city, and evaluate nearby amenities. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

MLS® Listing data for Cochrane is added every 15 minutes to provide you the most-up-to-date home listings. Reach out to one of our Cochrane real estate agents to get started on landing your dream home today.

Cochrane City Guide

5K
Population
-2.7%
Population Growth
5%
Unemployment

Located in Alberta, the city of Cochrane has a population of 5,340. The -2.7% population growth for this city is below average when compared to other Canadian cities.

There are 11.43% of immigrants in in Cochrane, 2.59% of which are recent immigrants to Canada. Other than English, the most common language spoken is English, with 55% of residents reporting it as their mother tongue. The largest cultural community within Cochrane is English at 117%, followed by Scottish at 89% and Canadian at 81%.

Cochrane offers good employment opportunities with an unemployment rate that sits near 5%, which is below average when compared to other cities. Approximately 62% of residents hold a university degree. Residents can expect an exceptional quality of life in Cochrane based upon an above average median family income of $97,923.

According to Statistics Canada 93% of Cochrane residents drive. About 14% of residents that are already established within the city will move within a year, while 46% will move within five years.

Cochrane's population is higher than average when it comes to homeownership, with 87% owning a home and 13% renting. The median monthly mortgage cost is estimated to be about $1,471, which is average when compared to renters in other Canadian cities.

In the Canadian real estate context, Cochrane is a good place to to buy a home.

Neighbourhoods

Cochrane is regarded as as the city for excellent neighbourhoods. To assist you to acquire the most fitting area to reside consider each of Cochrane's 17 neighbourhoods. Better still, spend the weekend viewing open houses in Cochrane. Ask the Realtor on duty about the area. Their local knowledge will aid in narrowing down the best spot to set up roots in the Canadian real estate market.

Neighbourhood
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1Glenbow 13% 13% $377K 16
2Riverview 13% 13% $498K 4
3Heartland 5% 10% $344K 9
4Bow Meadows 0% 17% $415K 6
5Fireside 0% 6% $356K 32

Nearby Cities

Plenty would-be homeowners decide properties for sale in localities that are further from Cochrane's downtown core. Suburban neighbourhoods usually offer larger homes on larger lots. For even more options, consider commuting into Cochrane's core from a nearby city, such as Crossfield, , and . Even neighbouring cities that require a bit of a longer commute, such as , , and , are good options as they proffer great housing options, often at more attractive prices.

City
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1Calgary 5%6%$477K6765
2Irricana 0%17%$191K14
3Chestermere 3%3%$564K140
4Airdrie 2%4%$358K417
5Crossfield 0%9%$312K41

Demographics

Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of Cochrane’s demographics, including median age, schools and income, using census information from Statistics Canada.

13%
Rent
87%
Own
$1,140
Monthly Rent (Median)
$1,471
Monthly Mortgage (Median)
5,090
Total Families
$97,923
Family Income (Median)
43
Age (Median)
62%
College Educated

Schools

For those interested in buying Canadian real estate in order to raise a family, take heart: Cochrane is home to top-rated elementary and secondary schools. To help you narrow down your Cochrane housing market search, here’s the top five schools in each category. (Learn more in our school guide.)

Elementary Schools

6.7 Holy Spirit
2.1 Cochrane
n/a Westbrook
n/a Cochrane Christian

Secondary Schools

7.6 Cochrane
7.1 Bow Valley
6.7 St. Timothy
3.0 Cochrane

Commuters

According to Statistics Canada, residents in Cochrane use a variety of ways to get around.

93%
Drive
3%
Transit
0%
Bike
4%
Walk

FAQs About COCHRANE Real Estate

According to current Cochrane MLS© statistics, the average home listing price in Cochrane, AB is $461,000. Based on Cochrane housing inventory, the average home is listed on the market for 75 days and has a 97.3% selling to listing price ratio.

Based on current Cochrane MLS© data, the average detached house in Cochrane, AB has a listing price of $521,000. In Cochrane, detached houses are on the market for 67 days on average.

According to current Cochrane MLS© data, the average condo in Cochrane, AB has a listing price of $245,000. In Cochrane, the average price for a 2-bedroom condo is $260,000 and the average price for a 1-bedroom condo is $156,000.

In Cochrane, AB, the most expensive neighbourhoods to buy a home include None, Cochrane Heights, Jumping Pound Ridge and Bow Ridge. None is the most expensive neighbourhood in Cochrane with an average home price of $1,049,000.

The cheapest neighbourhoods to buy a home in Cochrane include Sunterra Ridge, East End, The Willows and Heartland. Sunterra Ridge is the most affordable neighbourhood in Cochrane with an average home price of $0.

The closest cities to Cochrane, AB include Bragg Creek, Rural Rocky View County, Priddis. Out of the nearby Cochrane cities, Rural Rocky View County has the highest average home price of $1,432,000 and Bragg Creek has the most affordable average home price of $915,000.

The average townhouse in Cochrane has an average listing price of $347,000, which represents a 1.5% change in price from last year. There are currently 76 townhouses for sale in Cochrane, AB.

According to Statistics Canada Census data, the median total household income in Cochrane is $97,923 per year, which is above the national median income of $67,000 per year.

cochrane
The listing data is provided under copyright by the Calgary Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Calgary Real Estate Board nor Zolo.