Real Estate Market Report for
Aroostook, NB

Updated : Aug 2016
House
  • Median price $49,900
  • Monthly growth -16.06 %
  • Quarterly trend
  • Stock on market 1.79%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Aroostook Home Price

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Across the country as a whole, Aroostook is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

With Aroostook’s median house price at $49,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of New Brunswick.

Aroostook’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

This month we track 224th neighbourhoods in New Brunswick, and Aroostook has the 224th most choice available for real estate investors.

Can we guarantee how well Aroostook is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Aroostook have dried up which would tend to indicate that demand is higher than the supply of new properties.

Can we guarantee how well Aroostook is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
3 bedrooms $49,900
Demographics
  • Population in 2011351
  • Population in 2006346
  • 2006 to 2011 population change (%)1.4
  • Total private dwellings168
  • Private dwellings occupied by usual residents149
  • Population density per square kilometre156.7
  • Land area (square km)2.24
  • Age Characteristics
    Total population by age groups 350
    0 to 4 years 25
    5 to 9 years 20
    10 to 14 years 25
    15 to 19 years 35
    15 years 10
    16 years 10
    17 years 5
    18 years 5
    19 years 0
    20 to 24 years 20
    25 to 29 years 10
    30 to 34 years 15
    35 to 39 years 20
    40 to 44 years 20
    45 to 49 years 25
    50 to 54 years 25
    55 to 59 years 25
    60 to 64 years 30
    65 to 69 years 20
    70 to 74 years 10
    75 to 79 years 15
    80 to 84 years 10
    85 years and over 0
    Median age of the population 41.4
    % of the population aged 15 and over 80.6
  • Marital Status
    Total population 15 years and over by marital status 285
    Married or living with a common-law partner 155
    Married (and not separated) 120
    Living common-law 35
    Not married and not living with a common-law partner 130
    Single (never legally married) 70
    Separated 5
    Divorced 30
    Widowed 20
    Family Characteristics
    Total number of census families in private households 100
    Size of census family: 2 persons 50
    Size of census family: 3 persons 15
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 10
    Total number of census families in private households 95
    Total couple families by family structure and number of children 75
    Married couples 60
    Without children at home 35
    With children at home 25
    1 child 10
    2 children 15
    3 or more children 5
    Common-law couples 15
    Without children at home 5
    With children at home 5
    1 child 0
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 25
    Female parent 20
    1 child 10
    2 children 5
    3 or more children 5
    Male parent 5
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 115
    Under six years of age 25
    6 to 14 years 45
    15 to 17 years 25
    18 to 24 years 20
    25 years and over 5
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 355
    Number of persons not in census families 60
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 50
    Number of census family persons 290
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 50
    Number of persons not in census families aged 65 years and over 25
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 20
    Number of census family persons aged 65 years and over 30
    Total number of private households by household type 145
    Census-family households 100
    One-family-only households 90
    Couple-family households 70
    Without children 35
    With children 35
    Lone-parent-family households 15
    Other family households 10
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 0
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 0
    Non-census-family households 50
    One-person households 50
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 150
    Single-detached house 135
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 15
    Semi-detached house 5
    Row house 5
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 10
    Other single-attached house 5
    Total number of private households by household size 150
    1 person 50
    2 persons 50
    3 persons 20
    4 persons 20
    5 persons 10
    6 or more persons 5
    Number of persons in private households 350
    Average number of persons in private households 2.3
Census 2011

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