Elk Point Real Estate

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

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  1. Canada
  2. Alberta
  3. Elk Point Real Estate

Home Prices in Elk Point

The asking price of homes for sale in Elk Point has increased 8.18% since December last year, while the number of homes for sale has decreased -17.39%. See more Elk Point Home Prices & Values.

House
Median Asking Price
$231K
30 Houses
Townhouse
Median Asking Price
$0
0 Townhouses
Condo
Median Asking Price
$0
0 Condos

Find Real Estate & MLS® Listings in Elk Point

Zolo has the most detailed, up-to-date set of Elk Point real estate listings. At the moment, Elk Point has 38 homes for sale, including 30 houses, 0 condos, and 0 townhouses for sale. The average sold price for all home types in Elk Point is $98K, which is -15% lower than December 2019. See our Elk Point average house price stats for a more detailed analysis on average home prices, housing inventory, and days on market.

With Zolo you'll be able to find the hottest Elk Point 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 Elk Point is updated every 15 minutes to provide you the most-up-to-date home listings. Reach out to one of our Elk Point real estate agents to get started on landing your dream home today.

Elk Point City Guide

1K
Population
-5%
Population Growth
2%
Unemployment

Located in Alberta, the city of Elk Point has a population of 1,412. The -5% population growth for this city is below average when compared to other Canadian cities.

There are 3.77% of immigrants in in Elk Point, 2.2% of which are recent immigrants to Canada. Other than English, the most common language spoken is Ilocano, with 1% of residents reporting it as their mother tongue. The largest cultural community within Elk Point is Ukrainian at 37%, followed by English at 27% and Canadian at 23%.

Elk Point offers good employment opportunities with an unemployment rate that sits near 2%, which is above average when compared to other cities. Approximately 38% of residents hold a university degree. Residents can expect an exceptional quality of life in Elk Point based upon an above average median family income of $65,106.

According to Statistics Canada 85% of Elk Point residents drive. About 14% of residents that are already established within the city will move within a year, while 43% will move within five years.

Elk Point's population is higher than average when it comes to homeownership, with 80% owning a home and 20% renting. The median monthly mortgage cost is estimated to be about $895, which is above average when compared to renters in other Canadian cities.

In the Canadian real estate context, Elk Point is a good place to establish a foothold in the real estate market.

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

20%
Rent
80%
Own
$709
Monthly Rent (Median)
$895
Monthly Mortgage (Median)
395
Total Families
$65,106
Family Income (Median)
34
Age (Median)
38%
College Educated

Schools

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

Elementary Schools

6.6 Elk Point

Secondary Schools

7.4 F G Miller

Commuters

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

85%
Drive
0%
Transit
0%
Bike
15%
Walk

FAQs About Elk Point Real Estate

According to current Elk Point MLS© statistics, the average home listing price in Elk Point, AB is $203,000. Based on Elk Point housing inventory, the average home is listed on the market for 517 days and has a 90.1% selling to listing price ratio.

Based on current Elk Point MLS© data, the average detached house in Elk Point, AB has a listing price of $222,000. In Elk Point, detached houses are on the market for 517 days on average.

In Elk Point, AB, the most expensive neighbourhoods to buy a home include Elk Point. Elk Point is the most expensive neighbourhood in Elk Point with an average home price of $203,000.

The cheapest neighbourhoods to buy a home in Elk Point include Elk Point and Elk Point. Elk Point is the most affordable neighbourhood in Elk Point with an average home price of $203,000.

The closest cities to Elk Point, AB include St. Paul Town, Bonnyville Town, Glendon and Rural St. Paul County. Out of the nearby Elk Point cities, St. Paul Town has the highest average home price of $366,000 and Rural St. Paul County has the most affordable average home price of $219,000.

According to Statistics Canada Census data, the median total household income in Elk Point is $65,106 per year, which is slightly below the national median income of $67,000 per year.

elk-point
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.