Real Estate Market Report for
Alma, NB

Updated : Aug 2016
House
  • Median price $76,950
  • Monthly growth -9.36 %
  • Quarterly trend
  • Stock on market 3.05%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Alma Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Alma was Canada’s 4976th most expensive suburb by listed median house price this month.

The $76,950 price tag on the median Alma home means that it is very cheap in comparison to the rest of the nation.

It’s never an exact art, but to try to forecast how property is going to appreciate in Alma for investors, it’s important to look at data like:

Over the last three months in Alma, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

As one of New Brunswick’s many potential real estate investment neighbourhoods, Alma needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Over the last three months in Alma, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
2 bedrooms $75,000
Demographics
  • Population in 2011232
  • Population in 2006301
  • 2006 to 2011 population change (%)-22.9
  • Total private dwellings197
  • Private dwellings occupied by usual residents112
  • Population density per square kilometre4.9
  • Land area (square km)47.64
  • Age Characteristics
    Total population by age groups 230
    0 to 4 years 10
    5 to 9 years 10
    10 to 14 years 5
    15 to 19 years 5
    15 years 0
    16 years 0
    17 years 5
    18 years 0
    19 years 0
    20 to 24 years 20
    25 to 29 years 20
    30 to 34 years 5
    35 to 39 years 10
    40 to 44 years 10
    45 to 49 years 20
    50 to 54 years 15
    55 to 59 years 20
    60 to 64 years 30
    65 to 69 years 25
    70 to 74 years 15
    75 to 79 years 10
    80 to 84 years 5
    85 years and over 0
    Median age of the population 49.9
    % of the population aged 15 and over 89.2
  • Marital Status
    Total population 15 years and over by marital status 205
    Married or living with a common-law partner 145
    Married (and not separated) 120
    Living common-law 20
    Not married and not living with a common-law partner 65
    Single (never legally married) 35
    Separated 5
    Divorced 5
    Widowed 15
    Family Characteristics
    Total number of census families in private households 70
    Size of census family: 2 persons 50
    Size of census family: 3 persons 20
    Size of census family: 4 persons 10
    Size of census family: 5 or more persons 0
    Total number of census families in private households 75
    Total couple families by family structure and number of children 70
    Married couples 60
    Without children at home 35
    With children at home 15
    1 child 10
    2 children 5
    3 or more children 0
    Common-law couples 10
    Without children at home 10
    With children at home 0
    1 child 5
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 10
    Female parent 0
    1 child 0
    2 children 0
    3 or more children 0
    Male parent 5
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 40
    Under six years of age 10
    6 to 14 years 10
    15 to 17 years 5
    18 to 24 years 10
    25 years and over 5
    Average number of children at home per census family 0.5
  • Household And Dwelling Characteristics
    Total number of persons in private households 225
    Number of persons not in census families 40
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 35
    Number of census family persons 185
    Average number of persons per census family 2.5
    Total number of persons 65 years and over in private households 50
    Number of persons not in census families aged 65 years and over 15
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 10
    Number of census family persons aged 65 years and over 40
    Total number of private households by household type 110
    Census-family households 75
    One-family-only households 75
    Couple-family households 70
    Without children 45
    With children 20
    Lone-parent-family households 5
    Other family households 5
    One-family households with persons not in a census family 0
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 40
    One-person households 35
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 115
    Single-detached house 105
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 5
    Semi-detached house 5
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 115
    1 person 35
    2 persons 50
    3 persons 15
    4 persons 5
    5 persons 5
    6 or more persons 0
    Number of persons in private households 225
    Average number of persons in private households 2
Census 2011

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?