Real Estate Market Report for
Gagetown, NB

Updated : Aug 2016
House
  • Median price $159,900
  • Monthly growth 77.86 %
  • Quarterly trend
  • Stock on market 3.42%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Gagetown Home Price

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Across the country as a whole, Gagetown is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

In Aug the median listed house price of $159,900 in Gagetown was an above average compared to the rest of New Brunswick.

This month we track 158th neighbourhoods in New Brunswick, and Gagetown has the 158th most choice available for real estate investors.

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

In Gagetown, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

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

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)
3 bedrooms $116,400
Demographics
  • Population in 2011316
  • Population in 2006297
  • 2006 to 2011 population change (%)6.4
  • Total private dwellings146
  • Private dwellings occupied by usual residents134
  • Population density per square kilometre1.3
  • Land area (square km)235.19
  • Age Characteristics
    Total population by age groups 315
    0 to 4 years 15
    5 to 9 years 15
    10 to 14 years 10
    15 to 19 years 15
    15 years 0
    16 years 0
    17 years 0
    18 years 5
    19 years 5
    20 to 24 years 15
    25 to 29 years 10
    30 to 34 years 20
    35 to 39 years 25
    40 to 44 years 15
    45 to 49 years 35
    50 to 54 years 35
    55 to 59 years 20
    60 to 64 years 30
    65 to 69 years 20
    70 to 74 years 15
    75 to 79 years 0
    80 to 84 years 5
    85 years and over 5
    Median age of the population 46.8
    % of the population aged 15 and over 86.4
  • Marital Status
    Total population 15 years and over by marital status 275
    Married or living with a common-law partner 195
    Married (and not separated) 150
    Living common-law 45
    Not married and not living with a common-law partner 80
    Single (never legally married) 55
    Separated 5
    Divorced 5
    Widowed 15
    Family Characteristics
    Total number of census families in private households 110
    Size of census family: 2 persons 70
    Size of census family: 3 persons 30
    Size of census family: 4 persons 15
    Size of census family: 5 or more persons 0
    Total number of census families in private households 110
    Total couple families by family structure and number of children 95
    Married couples 75
    Without children at home 40
    With children at home 30
    1 child 20
    2 children 15
    3 or more children 0
    Common-law couples 25
    Without children at home 15
    With children at home 10
    1 child 5
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 15
    Female parent 10
    1 child 5
    2 children 0
    3 or more children 0
    Male parent 0
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 75
    Under six years of age 25
    6 to 14 years 20
    15 to 17 years 10
    18 to 24 years 10
    25 years and over 10
    Average number of children at home per census family 0.6
  • Household And Dwelling Characteristics
    Total number of persons in private households 315
    Number of persons not in census families 35
    Living with relatives 0
    Living with non-relatives only 10
    Living alone 25
    Number of census family persons 275
    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 15
    Number of census family persons aged 65 years and over 35
    Total number of private households by household type 135
    Census-family households 105
    One-family-only households 100
    Couple-family households 95
    Without children 55
    With children 40
    Lone-parent-family households 5
    Other family households 10
    One-family households with persons not in a census family 5
    Couple-family households 0
    Without children 5
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 30
    One-person households 25
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 135
    Single-detached house 130
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 0
    Semi-detached house 0
    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 135
    1 person 25
    2 persons 60
    3 persons 25
    4 persons 15
    5 persons 5
    6 or more persons 0
    Number of persons in private households 315
    Average number of persons in private households 2.3
Census 2011

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