Real Estate Market Report for
Gagetown, NB

Updated : Aug 2016
House
  • Median price $159,900
  • Monthly growth 77.86 %
  • Quarterly trend
  • Stock on market 1.51%
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 2011698
  • Population in 2006719
  • 2006 to 2011 population change (%)-2.9
  • Total private dwellings332
  • Private dwellings occupied by usual residents297
  • Population density per square kilometre14.1
  • Land area (square km)49.48
  • Age Characteristics
    Total population by age groups 700
    0 to 4 years 25
    5 to 9 years 15
    10 to 14 years 20
    15 to 19 years 35
    15 years 5
    16 years 5
    17 years 10
    18 years 5
    19 years 10
    20 to 24 years 30
    25 to 29 years 35
    30 to 34 years 20
    35 to 39 years 30
    40 to 44 years 35
    45 to 49 years 60
    50 to 54 years 75
    55 to 59 years 55
    60 to 64 years 60
    65 to 69 years 60
    70 to 74 years 50
    75 to 79 years 25
    80 to 84 years 25
    85 years and over 40
    Median age of the population 53
    % of the population aged 15 and over 91.8
  • Marital Status
    Total population 15 years and over by marital status 645
    Married or living with a common-law partner 395
    Married (and not separated) 330
    Living common-law 65
    Not married and not living with a common-law partner 250
    Single (never legally married) 110
    Separated 35
    Divorced 35
    Widowed 65
    Family Characteristics
    Total number of census families in private households 210
    Size of census family: 2 persons 135
    Size of census family: 3 persons 50
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 10
    Total number of census families in private households 210
    Total couple families by family structure and number of children 190
    Married couples 160
    Without children at home 110
    With children at home 50
    1 child 35
    2 children 15
    3 or more children 5
    Common-law couples 35
    Without children at home 15
    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 15
    Female parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Male parent 5
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 125
    Under six years of age 25
    6 to 14 years 30
    15 to 17 years 25
    18 to 24 years 30
    25 years and over 15
    Average number of children at home per census family 0.6
  • Household And Dwelling Characteristics
    Total number of persons in private households 630
    Number of persons not in census families 100
    Living with relatives 5
    Living with non-relatives only 10
    Living alone 85
    Number of census family persons 525
    Average number of persons per census family 2.5
    Total number of persons 65 years and over in private households 145
    Number of persons not in census families aged 65 years and over 45
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 40
    Number of census family persons aged 65 years and over 100
    Total number of private households by household type 295
    Census-family households 210
    One-family-only households 200
    Couple-family households 185
    Without children 120
    With children 65
    Lone-parent-family households 15
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 5
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 90
    One-person households 90
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 300
    Single-detached house 260
    Apartment, building that has five or more storeys 0
    Movable dwelling 20
    Other dwelling 20
    Semi-detached house 0
    Row house 0
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 15
    Other single-attached house 0
    Total number of private households by household size 300
    1 person 85
    2 persons 130
    3 persons 50
    4 persons 25
    5 persons 10
    6 or more persons 0
    Number of persons in private households 630
    Average number of persons in private households 2.1
Census 2011

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