Real Estate Market Report for
Galloway, NB

Updated : Dec 2014
House
  • Median price $124,950
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.18%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Galloway Home Price

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Canada’s national median home listing price this month is $298,000, which means that Galloway is in the cheapest 20% for Canada.

With Galloway’s median house price at $124,950 in Dec , it is about average 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.

From our data, it appears that neighbourhood is number 3937th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.

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

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.

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

Over the last three months in Galloway, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
3 bedrooms $89,000
Demographics
  • Population in 20111986
  • Population in 20062022
  • 2006 to 2011 population change (%)-1.8
  • Total private dwellings1115
  • Private dwellings occupied by usual residents847
  • Population density per square kilometre8
  • Land area (square km)249.45
  • Age Characteristics
    Total population by age groups 1985
    0 to 4 years 75
    5 to 9 years 70
    10 to 14 years 85
    15 to 19 years 120
    15 years 30
    16 years 30
    17 years 20
    18 years 25
    19 years 20
    20 to 24 years 100
    25 to 29 years 65
    30 to 34 years 75
    35 to 39 years 110
    40 to 44 years 130
    45 to 49 years 180
    50 to 54 years 200
    55 to 59 years 200
    60 to 64 years 180
    65 to 69 years 105
    70 to 74 years 105
    75 to 79 years 90
    80 to 84 years 55
    85 years and over 30
    Median age of the population 49.4
    % of the population aged 15 and over 88.4
  • Marital Status
    Total population 15 years and over by marital status 1755
    Married or living with a common-law partner 1150
    Married (and not separated) 950
    Living common-law 205
    Not married and not living with a common-law partner 605
    Single (never legally married) 370
    Separated 60
    Divorced 80
    Widowed 90
    Family Characteristics
    Total number of census families in private households 650
    Size of census family: 2 persons 410
    Size of census family: 3 persons 135
    Size of census family: 4 persons 80
    Size of census family: 5 or more persons 30
    Total number of census families in private households 650
    Total couple families by family structure and number of children 565
    Married couples 465
    Without children at home 285
    With children at home 180
    1 child 85
    2 children 75
    3 or more children 20
    Common-law couples 100
    Without children at home 60
    With children at home 40
    1 child 30
    2 children 10
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 85
    Female parent 50
    1 child 40
    2 children 15
    3 or more children 0
    Male parent 35
    1 child 25
    2 children 10
    3 or more children 0
    Total children in census families in private households 465
    Under six years of age 90
    6 to 14 years 135
    15 to 17 years 75
    18 to 24 years 105
    25 years and over 60
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 1965
    Number of persons not in census families 290
    Living with relatives 40
    Living with non-relatives only 55
    Living alone 190
    Number of census family persons 1680
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 375
    Number of persons not in census families aged 65 years and over 100
    Living with relatives 10
    Living with non-relatives only 15
    Living alone 70
    Number of census family persons aged 65 years and over 280
    Total number of private households by household type 845
    Census-family households 635
    One-family-only households 580
    Couple-family households 525
    Without children 330
    With children 200
    Lone-parent-family households 55
    Other family households 55
    One-family households with persons not in a census family 45
    Couple-family households 20
    Without children 10
    With children 15
    Lone-parent-family households 25
    Two-or-more-family households 10
    Non-census-family households 210
    One-person households 190
    Two-or-more-person households 20
    Total number of occupied private dwellings by structural type of dwelling 850
    Single-detached house 815
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 25
    Semi-detached house 5
    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 850
    1 person 190
    2 persons 390
    3 persons 130
    4 persons 95
    5 persons 30
    6 or more persons 10
    Number of persons in private households 1970
    Average number of persons in private households 2.3
Census 2011

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