Real Estate Market Report for
Chipman, NB

Updated : Aug 2016
House
  • Median price $55,400
  • Monthly growth -4.81 %
  • Quarterly trend
  • Stock on market 1.62%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Chipman Home Price

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Canada’s national median home listing price this month is $290,900, which means that Chipman is in the cheapest 20% for Canada.

Chipman, New Brunswick has a median house price of $55,400 when compiling all the home listings in Aug .

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

From our data, it appears that neighbourhood is number 1893th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.

New Brunswick has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

As one of New Brunswick’s many potential real estate investment neighbourhoods, Chipman 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.

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 Chipman have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
2 bedrooms $34,900
3 bedrooms $59,900
Demographics
  • Population in 20111236
  • Population in 20061291
  • 2006 to 2011 population change (%)-4.3
  • Total private dwellings681
  • Private dwellings occupied by usual residents612
  • Population density per square kilometre63.1
  • Land area (square km)19.58
  • Age Characteristics
    Total population by age groups 1235
    0 to 4 years 40
    5 to 9 years 45
    10 to 14 years 50
    15 to 19 years 60
    15 years 15
    16 years 15
    17 years 10
    18 years 10
    19 years 15
    20 to 24 years 50
    25 to 29 years 40
    30 to 34 years 45
    35 to 39 years 60
    40 to 44 years 80
    45 to 49 years 110
    50 to 54 years 100
    55 to 59 years 90
    60 to 64 years 125
    65 to 69 years 90
    70 to 74 years 90
    75 to 79 years 60
    80 to 84 years 55
    85 years and over 50
    Median age of the population 52.5
    % of the population aged 15 and over 89.2
  • Marital Status
    Total population 15 years and over by marital status 1100
    Married or living with a common-law partner 665
    Married (and not separated) 585
    Living common-law 85
    Not married and not living with a common-law partner 435
    Single (never legally married) 185
    Separated 45
    Divorced 75
    Widowed 130
    Family Characteristics
    Total number of census families in private households 400
    Size of census family: 2 persons 280
    Size of census family: 3 persons 70
    Size of census family: 4 persons 45
    Size of census family: 5 or more persons 10
    Total number of census families in private households 400
    Total couple families by family structure and number of children 330
    Married couples 285
    Without children at home 205
    With children at home 80
    1 child 40
    2 children 35
    3 or more children 5
    Common-law couples 40
    Without children at home 30
    With children at home 15
    1 child 5
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 75
    Female parent 55
    1 child 35
    2 children 20
    3 or more children 5
    Male parent 15
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 255
    Under six years of age 45
    6 to 14 years 90
    15 to 17 years 40
    18 to 24 years 50
    25 years and over 40
    Average number of children at home per census family 0.6
  • Household And Dwelling Characteristics
    Total number of persons in private households 1235
    Number of persons not in census families 245
    Living with relatives 20
    Living with non-relatives only 25
    Living alone 205
    Number of census family persons 990
    Average number of persons per census family 2.5
    Total number of persons 65 years and over in private households 345
    Number of persons not in census families aged 65 years and over 135
    Living with relatives 10
    Living with non-relatives only 10
    Living alone 115
    Number of census family persons aged 65 years and over 210
    Total number of private households by household type 615
    Census-family households 395
    One-family-only households 380
    Couple-family households 320
    Without children 230
    With children 90
    Lone-parent-family households 60
    Other family households 20
    One-family households with persons not in a census family 10
    Couple-family households 5
    Without children 5
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 5
    Non-census-family households 215
    One-person households 205
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 615
    Single-detached house 535
    Apartment, building that has five or more storeys 0
    Movable dwelling 20
    Other dwelling 60
    Semi-detached house 5
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 50
    Other single-attached house 0
    Total number of private households by household size 615
    1 person 210
    2 persons 275
    3 persons 70
    4 persons 50
    5 persons 10
    6 or more persons 0
    Number of persons in private households 1235
    Average number of persons in private households 2
Census 2011

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