Drayton Valley Real Estate

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

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  3. Drayton Valley Real Estate

Home Prices in Drayton Valley

The asking price of homes for sale in Drayton Valley has increased 23.17% since November last year, while the number of homes for sale has increased 2.56%. See more Drayton Valley Home Prices & Values.

House
Median Asking Price
$300K
21 Houses
Townhouse
Median Asking Price
$247K
2 Townhouses
Condo
Median Asking Price
$238K
10 Condos

Find Real Estate & MLS® Listings in Drayton Valley

Zolo has the most comprehensive, up-to-date set of Drayton Valley real estate listings. Right now, Drayton Valley has 0 homes for sale, including 21 houses, 10 condos, and 2 townhouses on the market. The average sold price for all home types in Drayton Valley is $255K, which is -12% lower than December 2019. See our Drayton Valley housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

Drayton Valley is home to 2 unique neighbourhoods. With Zolo you'll be able to find the fastest selling Drayton Valley neighbourhoods, the top 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 Drayton Valley is updated every 15 minutes to provide you the most-up-to-date home listings. Contact one of our Drayton Valley real estate agents to get started on landing your dream home today.

Drayton Valley City Guide

7K
Population
2.3%
Population Growth
5%
Unemployment

Located in Alberta, the city of Drayton Valley has a population of 7,049. The 2.3% population growth for this city is above average when compared to other Canadian cities.

There are 4.19% of immigrants in in Drayton Valley, 1.49% of which are recent immigrants to Canada. Other than English, the most common language spoken is Tagalog (Pilipino, Filipino), with 1% of residents reporting it as their mother tongue. The largest cultural community within Drayton Valley is Canadian at 30%, followed by English at 27% and German at 24%.

Drayton Valley offers good employment opportunities with an unemployment rate that sits near 5%, which is above average when compared to other cities. Approximately 49% of residents hold a university degree. Residents can expect an exceptional quality of life in Drayton Valley based upon an above average median family income of $77,154.

According to Statistics Canada 91% of Drayton Valley residents drive. About 17% of residents that are already established within the city will move within a year, while 54% will move within five years.

Drayton Valley's population is higher than average when it comes to homeownership, with 75% owning a home and 25% renting. The median monthly mortgage cost is estimated to be about $1,252, which is above average when compared to renters in other Canadian cities.

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

Neighbourhoods

Drayton Valley is known as the city for great neighbourhoods. To guide you to search for the most appropriate area to stay consider each of Drayton Valley's 2 neighbourhoods. Better still, spend the weekend checking out open houses in Drayton Valley. Ask the Realtor on duty about the neighborhood. Their local knowledge will assist 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
1Drayton Valley 20% 0% $214K 37
2None 0% 0% $370K 3

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 Drayton Valley’s demographics, including median age, schools and income, using census information from Statistics Canada.

25%
Rent
75%
Own
$1,051
Monthly Rent (Median)
$1,252
Monthly Mortgage (Median)
1,880
Total Families
$77,154
Family Income (Median)
33
Age (Median)
49%
College Educated

Schools

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

Elementary Schools

6.7 Aurora
6.3 St. Anthony
5.4 Eldorado
5.4 Evergreen

Secondary Schools

5.5 Frank Maddock
n/a Holy Trinity Academy

Commuters

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

91%
Drive
0%
Transit
0%
Bike
9%
Walk

FAQs About Drayton Valley Real Estate

According to current Drayton Valley MLS© statistics, the average home listing price in Drayton Valley, AB is $395,000. Based on Drayton Valley housing inventory, the average home is listed on the market for 117 days and has a 95% selling to listing price ratio.

Based on current Drayton Valley MLS© data, the average detached house in Drayton Valley, AB has a listing price of $301,000. In Drayton Valley, detached houses are on the market for 122 days on average.

According to current Drayton Valley MLS© data, the average condo in Drayton Valley, AB has a listing price of $229,000. In Drayton Valley, the average price for a 2-bedroom condo is $214,000 and the average price for a 1-bedroom condo is $147,000.

In Drayton Valley, AB, the most expensive neighbourhoods to buy a home include None and Drayton Valley. None is the most expensive neighbourhood in Drayton Valley with an average home price of $0.

The cheapest neighbourhoods to buy a home in Drayton Valley include Drayton Valley and None. Drayton Valley is the most affordable neighbourhood in Drayton Valley with an average home price of $395,000.

The closest cities to Drayton Valley, AB include Entwistle, Evansburg, Rural Parkland County. Out of the nearby Drayton Valley cities, Rural Parkland County has the highest average home price of $795,000 and Evansburg has the most affordable average home price of $211,000.

The average townhouse in Drayton Valley has an average listing price of $247,000, which represents a 95.2% change in price from last year. There are currently 2 townhouses for sale in Drayton Valley, AB.

According to Statistics Canada Census data, the median total household income in Drayton Valley is $77,154 per year, which is above the national median income of $67,000 per year.

drayton-valley
The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association nor Zolo.