Real Estate Market Report for
Black River, NB

Updated : Aug 2016
House
  • Median price $85,450
  • Monthly growth -2.78 %
  • Quarterly trend
  • Stock on market 0.13%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Black River Home Price

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With a median listing price of $85,450, Black River is Canada’s 4878th most expensive when ordered by median listing price.

In Aug the median listed house price of $85,450 in Black River was relatively low compared to the rest of New Brunswick.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

There are 421 neighbourhoods that have more properties on sale than Black River at the moment in New Brunswick which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.

Can we guarantee how well Black River 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 fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

Is Black River a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

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 $87,900
4 bedrooms $84,700
Demographics

Corresponding census subdivisions are provided for the following place names where data is not available.

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