Real Estate Market Report for
Mill Cove, NB

Updated : Dec 2015
House
  • Median price $112,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.25%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Mill Cove Home Price

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With a median listing price of $112,900, Mill Cove is Canada’s 3595th most expensive when ordered by median listing price.

Mill Cove, New Brunswick has a median house price of $112,900 when compiling all the home listings in Dec .

From our data, it appears that neighbourhood is number 3460th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.

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

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 Mill Cove have stayed pretty much the same which would tend to indicate that demand is steady.

Can we guarantee how well Mill Cove is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

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.

Demographics
  • Population in 2011851
  • Population in 2006893
  • 2006 to 2011 population change (%)-4.7
  • Total private dwellings791
  • Private dwellings occupied by usual residents381
  • Population density per square kilometre1.9
  • Land area (square km)444.87
  • Age Characteristics
    Total population by age groups 850
    0 to 4 years 20
    5 to 9 years 30
    10 to 14 years 40
    15 to 19 years 45
    15 years 5
    16 years 10
    17 years 15
    18 years 10
    19 years 5
    20 to 24 years 40
    25 to 29 years 20
    30 to 34 years 25
    35 to 39 years 45
    40 to 44 years 50
    45 to 49 years 75
    50 to 54 years 80
    55 to 59 years 85
    60 to 64 years 85
    65 to 69 years 85
    70 to 74 years 55
    75 to 79 years 35
    80 to 84 years 25
    85 years and over 10
    Median age of the population 52.1
    % of the population aged 15 and over 89.2
  • Marital Status
    Total population 15 years and over by marital status 755
    Married or living with a common-law partner 465
    Married (and not separated) 425
    Living common-law 35
    Not married and not living with a common-law partner 290
    Single (never legally married) 165
    Separated 30
    Divorced 55
    Widowed 45
    Family Characteristics
    Total number of census families in private households 265
    Size of census family: 2 persons 175
    Size of census family: 3 persons 45
    Size of census family: 4 persons 25
    Size of census family: 5 or more persons 20
    Total number of census families in private households 265
    Total couple families by family structure and number of children 225
    Married couples 210
    Without children at home 140
    With children at home 70
    1 child 40
    2 children 20
    3 or more children 10
    Common-law couples 20
    Without children at home 10
    With children at home 10
    1 child 0
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 35
    Female parent 25
    1 child 15
    2 children 0
    3 or more children 10
    Male parent 10
    1 child 10
    2 children 0
    3 or more children 0
    Total children in census families in private households 195
    Under six years of age 25
    6 to 14 years 70
    15 to 17 years 30
    18 to 24 years 40
    25 years and over 30
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 845
    Number of persons not in census families 160
    Living with relatives 20
    Living with non-relatives only 40
    Living alone 100
    Number of census family persons 685
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 205
    Number of persons not in census families aged 65 years and over 50
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 45
    Number of census family persons aged 65 years and over 155
    Total number of private households by household type 380
    Census-family households 265
    One-family-only households 245
    Couple-family households 220
    Without children 150
    With children 75
    Lone-parent-family households 30
    Other family households 15
    One-family households with persons not in a census family 10
    Couple-family households 5
    Without children 0
    With children 5
    Lone-parent-family households 5
    Two-or-more-family households 0
    Non-census-family households 120
    One-person households 100
    Two-or-more-person households 20
    Total number of occupied private dwellings by structural type of dwelling 385
    Single-detached house 355
    Apartment, building that has five or more storeys 0
    Movable dwelling 25
    Other dwelling 5
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 5
    Other single-attached house 0
    Total number of private households by household size 385
    1 person 100
    2 persons 185
    3 persons 50
    4 persons 25
    5 persons 15
    6 or more persons 5
    Number of persons in private households 840
    Average number of persons in private households 2.2
Census 2011

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