Real Estate Market Report for
Meductic, NB

Updated : Aug 2016
House
  • Median price $114,900
  • Monthly growth -8.00 %
  • Quarterly trend
  • Stock on market 1.60%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Meductic Home Price

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Across the country as a whole, Meductic is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

With Meductic’s median house price at $114,900 in Aug , it is below average compared to the rest of New Brunswick.

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

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 Meductic have dried up which would tend to indicate that demand is higher than the supply of new properties.

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

If you are looking at investment properties in Meductic, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
3 bedrooms $124,900
Demographics
  • Population in 2011270
  • Population in 2006155
  • 2006 to 2011 population change (%)74.2
  • Total private dwellings125
  • Private dwellings occupied by usual residents107
  • Population density per square kilometre48.5
  • Land area (square km)5.57
  • Age Characteristics
    Total population by age groups 270
    0 to 4 years 15
    5 to 9 years 15
    10 to 14 years 20
    15 to 19 years 15
    15 years 5
    16 years 5
    17 years 0
    18 years 0
    19 years 5
    20 to 24 years 10
    25 to 29 years 15
    30 to 34 years 15
    35 to 39 years 15
    40 to 44 years 25
    45 to 49 years 20
    50 to 54 years 35
    55 to 59 years 15
    60 to 64 years 20
    65 to 69 years 10
    70 to 74 years 5
    75 to 79 years 10
    80 to 84 years 10
    85 years and over 5
    Median age of the population 44.3
    % of the population aged 15 and over 81.9
  • Marital Status
    Total population 15 years and over by marital status 225
    Married or living with a common-law partner 160
    Married (and not separated) 150
    Living common-law 10
    Not married and not living with a common-law partner 60
    Single (never legally married) 35
    Separated 0
    Divorced 5
    Widowed 15
    Family Characteristics
    Total number of census families in private households 90
    Size of census family: 2 persons 55
    Size of census family: 3 persons 15
    Size of census family: 4 persons 15
    Size of census family: 5 or more persons 5
    Total number of census families in private households 90
    Total couple families by family structure and number of children 80
    Married couples 80
    Without children at home 50
    With children at home 30
    1 child 10
    2 children 10
    3 or more children 10
    Common-law couples 0
    Without children at home 0
    With children at home 0
    1 child 0
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 10
    Female parent 5
    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 20
    6 to 14 years 30
    15 to 17 years 10
    18 to 24 years 15
    25 years and over 5
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 270
    Number of persons not in census families 20
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons 250
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 45
    Number of persons not in census families aged 65 years and over 10
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 10
    Number of census family persons aged 65 years and over 35
    Total number of private households by household type 105
    Census-family households 85
    One-family-only households 85
    Couple-family households 75
    Without children 50
    With children 30
    Lone-parent-family households 5
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 20
    One-person households 15
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 110
    Single-detached house 95
    Apartment, building that has five or more storeys 0
    Movable dwelling 10
    Other dwelling 0
    Semi-detached house 5
    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 110
    1 person 20
    2 persons 55
    3 persons 15
    4 persons 10
    5 persons 5
    6 or more persons 5
    Number of persons in private households 270
    Average number of persons in private households 2.5
Census 2011

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