Okotoks Real Estate

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

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  3. Okotoks Real Estate

Home Prices in Okotoks

The asking price of homes for sale in Okotoks has increased 13.81% since October last year, while the number of homes for sale has decreased -61%. See more Okotoks Home Prices & Values.

House
Median Asking Price
$539K
99 Houses
Townhouse
Median Asking Price
$252K
8 Townhouses
Condo
Median Asking Price
$194K
17 Condos

Find Real Estate & MLS® Listings in Okotoks

Zolo has the most comprehensive, up-to-date set of Okotoks real estate listings. At the moment, Okotoks has 15 homes for sale, including 91 houses, 17 condos, and 8 townhouses listed for sale. The average sold price for all home types in Okotoks is $440K, which is -2% lower than October 2019. See our Okotoks housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

Okotoks is home to 9 unique neighbourhoods. With Zolo you'll be able to find the most popular Okotoks 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 Okotoks is added every 15 minutes to provide you the most-up-to-date home listings. Contact one of our Okotoks real estate agents to get started on landing your dream home today.

Okotoks City Guide

25K
Population
42.9%
Population Growth
6%
Unemployment

Located in Alberta, the city of Okotoks has a population of 24,511. The 42.9% population growth for this city is average when compared to other Canadian cities.

There are 10.63% of immigrants in in Okotoks, 3.71% of which are recent immigrants to Canada. Other than English, the most common language spoken is French, with 2% of residents reporting it as their mother tongue. The largest cultural community within Okotoks is English at 36%, followed by Canadian at 27% and Scottish at 25%.

Okotoks offers good employment opportunities with an unemployment rate that sits near 6%, which is average when compared to other cities. Approximately 56% of residents hold a university degree. Residents can expect good quality of life in Okotoks based upon an average median family income of $96,898.

According to Statistics Canada 92% of Okotoks residents drive. About 15% of residents that are already established within the city will move within a year, while 57% will move within five years.

Okotoks's population is average when it comes to homeownership, with 87% owning a home and 13% renting. The median monthly mortgage cost is estimated to be about $1,657, which is average when compared to renters in other Canadian cities.

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

Neighbourhoods

Okotoks is known as the city for excellent localities. To help you to discover the most appropriate area to settle consider each of Okotoks's 9 neighbourhoods. Better still, spend the weekend checking out open houses in Okotoks. Ask the agent on duty about the area. Their local knowledge will help 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
1None 33% 0% $540K 11
2Sandstone 0% 100% $626K 1
3Westridge 20% 0% $479K 1
4Air Ranch 0% 22% $648K 7
5Drake Landing 5% 0% $485K 19

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

13%
Rent
87%
Own
$1,296
Monthly Rent (Median)
$1,657
Monthly Mortgage (Median)
6,755
Total Families
$96,898
Family Income (Median)
34
Age (Median)
56%
College Educated

Schools

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

Elementary Schools

9.4 Strathcona-Tweedsmuir
8.5 Good Shepherd
7.4 St. Mary's
7.1 Dr Morris Gibson
6.8 Big Rock

Secondary Schools

9.4 Strathcona-Tweedsmuir
8.2 Holy Trinity Academy
6.3 Foothills
n/a Alberta Fine Arts
n/a Learning@HOME

Commuters

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

92%
Drive
3%
Transit
0%
Bike
4%
Walk

FAQs About Okotoks Real Estate

According to current Okotoks MLS© statistics, the average home listing price in Okotoks, AB is $571,000. Based on Okotoks housing inventory, the average home is listed on the market for 51 days and has a 97.6% selling to listing price ratio.

Based on current Okotoks MLS© data, the average detached house in Okotoks, AB has a listing price of $586,000. In Okotoks, detached houses are on the market for 49 days on average.

According to current Okotoks MLS© data, the average condo in Okotoks, AB has a listing price of $200,000. In Okotoks, the average price for a 2-bedroom condo is $203,000 and the average price for a 1-bedroom condo is $193,000.

In Okotoks, AB, the most expensive neighbourhoods to buy a home include Air Ranch, Cimarron, None and Drake Landing. Air Ranch is the most expensive neighbourhood in Okotoks with an average home price of $625,000.

The cheapest neighbourhoods to buy a home in Okotoks include Sandstone, Woodhaven, Rosemont and Crystal Shores. Sandstone is the most affordable neighbourhood in Okotoks with an average home price of $0.

The closest cities to Okotoks, AB include De Winton, Heritage Pointe, High River. Out of the nearby Okotoks cities, Heritage Pointe has the highest average home price of $1,090,000 and High River has the most affordable average home price of $479,000.

The average townhouse in Okotoks has an average listing price of $253,000, which represents a -17% change in price from last year. There are currently 7 townhouses for sale in Okotoks, AB.

According to Statistics Canada Census data, the median total household income in Okotoks is $96,898 per year, which is above the national median income of $67,000 per year.

In Okotoks, AB, fewer people rent their homes than own at 12.7% rent versus 87.3% own. The median monthly rent price is $76,000 per month versus the median monthly mortgage of $1,700 per month.

okotoks
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.