Ponoka Real Estate

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

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  3. Ponoka Real Estate

Home Prices in Ponoka

The asking price of homes for sale in Ponoka has increased 22.63% since October last year, while the number of homes for sale has increased 6.32%. See more Ponoka Home Prices & Values.

House
Median Asking Price
$242K
63 Houses
Townhouse
Median Asking Price
$249K
15 Townhouses
Condo
Median Asking Price
$130K
2 Condos

Find Real Estate & MLS® Listings in Ponoka

Zolo has the most comprehensive, up-to-date set of Ponoka real estate listings. Right now, Ponoka has 0 homes for sale, including 63 houses, 2 condos, and 15 townhouses for sale. The average sold price for all home types in Ponoka is $244K, which is % the same as October 2019. See our Ponoka housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

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

Ponoka City Guide

7K
Population
3%
Population Growth
6%
Unemployment

Located in Alberta, the city of Ponoka has a population of 6,773. The 3% population growth for this city is above average when compared to other Canadian cities.

There are 7.4% of immigrants in in Ponoka, 2.37% of which are recent immigrants to Canada. Other than English, the most common language spoken is Tagalog (Pilipino, Filipino), with 2% of residents reporting it as their mother tongue. The largest cultural community within Ponoka is German at 25%, followed by English at 25% and Canadian at 25%.

Ponoka offers good employment opportunities with an unemployment rate that sits near 6%, which is above average when compared to other cities. Approximately 53% of residents hold a university degree. Residents can expect an exceptional quality of life in Ponoka based upon an above average median family income of $63,338.

According to Statistics Canada 94% of Ponoka residents drive. About 18% of residents that are already established within the city will move within a year, while 41% will move within five years.

Ponoka's population is higher than average when it comes to homeownership, with 79% owning a home and 21% renting. The median monthly mortgage cost is estimated to be about $994, which is above average when compared to renters in other Canadian cities.

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

Neighbourhoods

Ponoka is established as the city for admirable localities. To guide you to find the most discover community to stay consider each of Ponoka's 2 neighbourhoods. Better still, spend the weekend investigating open houses in Ponoka. Ask the agent on duty about the community. 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
1North End 50% 0% $300K 12
2Riverside 0% 0% $212K 30

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

21%
Rent
79%
Own
$770
Monthly Rent (Median)
$994
Monthly Mortgage (Median)
1,765
Total Families
$63,338
Family Income (Median)
41
Age (Median)
53%
College Educated

Schools

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

Elementary Schools

6.3 St. Augustine

Secondary Schools

5.7 Ponoka
4.6 St. Augustine

Commuters

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

94%
Drive
0%
Transit
0%
Bike
6%
Walk

FAQs About Ponoka Real Estate

According to current Ponoka MLS© statistics, the average home listing price in Ponoka, AB is $300,000. Based on Ponoka housing inventory, the average home is listed on the market for 90 days and has a 94.8% selling to listing price ratio.

Based on current Ponoka MLS© data, the average detached house in Ponoka, AB has a listing price of $267,000. In Ponoka, detached houses are on the market for 59 days on average.

According to current Ponoka MLS© data, the average condo in Ponoka, AB has a listing price of $130,000. In Ponoka, the average price for a 2-bedroom condo is $0 and the average price for a 1-bedroom condo is $0.

In Ponoka, AB, the most expensive neighbourhoods to buy a home include North End and Riverside. North End is the most expensive neighbourhood in Ponoka with an average home price of $335,000.

The cheapest neighbourhoods to buy a home in Ponoka include Riverside and North End. Riverside is the most affordable neighbourhood in Ponoka with an average home price of $278,000.

The closest cities to Ponoka, AB include Rural Lacombe County, Rural Ponoka County, Clive and Lacombe. Out of the nearby Ponoka cities, Rural Lacombe County has the highest average home price of $869,000 and Clive has the most affordable average home price of $179,000.

The average townhouse in Ponoka has an average listing price of $307,000, which represents a 5.9% change in price from last year. There are currently 15 townhouses for sale in Ponoka, AB.

According to Statistics Canada Census data, the median total household income in Ponoka is $63,338 per year, which is slightly below the national median income of $67,000 per year.

In Ponoka, AB, fewer people rent their homes than own at 21% rent versus 79% own. The median monthly rent price is $57,600 per month versus the median monthly mortgage of $1,300 per month.

ponoka
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.