Real Estate Market Report for
Drummond, NB

Updated : Aug 2016
House
  • Median price $136,900
  • Monthly growth 66.04 %
  • Quarterly trend
  • Stock on market 9.09%
Apartment
  • Median price $106,950
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.59%
Drummond Home Price

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The median asking price in Drummond is $136,900, quite a drop from the median three months ago which was $139,500 .

Drummond, New Brunswick has a median house price of $136,900 when compiling all the home listings in Aug .

Across New Brunswick Drummond has the 30th most properties on offer with 421.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Drummond will hopefully provide an indicator to help you where to research in-depth

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Drummond, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 35, this month we show 31.

In Aug the median listed house price of $106,950 in Drummond was relatively low compared to the rest of New Brunswick.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

Across New Brunswick Drummond has the 23th most properties on offer with 32.

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 stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
2 bedrooms $115,000
3 bedrooms $136,900 $106,950
4 bedrooms $137,750
Demographics
  • Population in 2011775
  • Population in 2006839
  • 2006 to 2011 population change (%)-7.6
  • Total private dwellings341
  • Private dwellings occupied by usual residents334
  • Population density per square kilometre86.9
  • Land area (square km)8.91
  • Age Characteristics
    Total population by age groups 775
    0 to 4 years 40
    5 to 9 years 30
    10 to 14 years 45
    15 to 19 years 45
    15 years 5
    16 years 15
    17 years 5
    18 years 10
    19 years 15
    20 to 24 years 50
    25 to 29 years 45
    30 to 34 years 40
    35 to 39 years 45
    40 to 44 years 30
    45 to 49 years 60
    50 to 54 years 85
    55 to 59 years 80
    60 to 64 years 60
    65 to 69 years 35
    70 to 74 years 20
    75 to 79 years 30
    80 to 84 years 25
    85 years and over 10
    Median age of the population 46.2
    % of the population aged 15 and over 85.4
  • Marital Status
    Total population 15 years and over by marital status 660
    Married or living with a common-law partner 430
    Married (and not separated) 355
    Living common-law 75
    Not married and not living with a common-law partner 235
    Single (never legally married) 145
    Separated 15
    Divorced 20
    Widowed 45
    Family Characteristics
    Total number of census families in private households 245
    Size of census family: 2 persons 135
    Size of census family: 3 persons 65
    Size of census family: 4 persons 35
    Size of census family: 5 or more persons 10
    Total number of census families in private households 245
    Total couple families by family structure and number of children 215
    Married couples 175
    Without children at home 100
    With children at home 75
    1 child 40
    2 children 25
    3 or more children 10
    Common-law couples 40
    Without children at home 15
    With children at home 25
    1 child 15
    2 children 10
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 30
    Female parent 30
    1 child 15
    2 children 10
    3 or more children 5
    Male parent 5
    1 child 5
    2 children 5
    3 or more children 0
    Total children in census families in private households 205
    Under six years of age 45
    6 to 14 years 65
    15 to 17 years 25
    18 to 24 years 45
    25 years and over 25
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 775
    Number of persons not in census families 105
    Living with relatives 5
    Living with non-relatives only 15
    Living alone 85
    Number of census family persons 670
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 115
    Number of persons not in census families aged 65 years and over 50
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 40
    Number of census family persons aged 65 years and over 70
    Total number of private households by household type 335
    Census-family households 245
    One-family-only households 230
    Couple-family households 200
    Without children 110
    With children 90
    Lone-parent-family households 30
    Other family households 10
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 0
    With children 5
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 95
    One-person households 85
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 335
    Single-detached house 265
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 70
    Semi-detached house 15
    Row house 15
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 25
    Other single-attached house 5
    Total number of private households by household size 335
    1 person 80
    2 persons 135
    3 persons 65
    4 persons 40
    5 persons 15
    6 or more persons 5
    Number of persons in private households 775
    Average number of persons in private households 2.3
Census 2011

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