Real Estate Market Report for
Petitcodiac, NB

Updated : Aug 2016
House
  • Median price $109,900
  • Monthly growth 29.44 %
  • Quarterly trend
  • Stock on market 2.22%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Petitcodiac Home Price

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Petitcodiac was Canada’s 4562th most expensive suburb by listed median house price this month.

While the median for New Brunswick is $169,900 , which means that Petitcodiac’s median price is $109,900 a lot lower than the rest of the province.

Petitcodiac’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

New Brunswick has the seventh most amount of properties available to property investors, with Petitcodiac having 57th most in the province, out of a total of 421.

As one of New Brunswick’s many potential real estate investment neighbourhoods, Petitcodiac needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.

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

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)
2 bedrooms $104,900
3 bedrooms $169,900
Demographics
  • Population in 20111429
  • Population in 20061368
  • 2006 to 2011 population change (%)4.5
  • Total private dwellings631
  • Private dwellings occupied by usual residents614
  • Population density per square kilometre83
  • Land area (square km)17.22
  • Age Characteristics
    Total population by age groups 1430
    0 to 4 years 105
    5 to 9 years 70
    10 to 14 years 75
    15 to 19 years 90
    15 years 20
    16 years 20
    17 years 10
    18 years 20
    19 years 15
    20 to 24 years 60
    25 to 29 years 75
    30 to 34 years 65
    35 to 39 years 70
    40 to 44 years 95
    45 to 49 years 110
    50 to 54 years 95
    55 to 59 years 100
    60 to 64 years 105
    65 to 69 years 60
    70 to 74 years 85
    75 to 79 years 55
    80 to 84 years 60
    85 years and over 50
    Median age of the population 45.1
    % of the population aged 15 and over 82.4
  • Marital Status
    Total population 15 years and over by marital status 1175
    Married or living with a common-law partner 730
    Married (and not separated) 605
    Living common-law 130
    Not married and not living with a common-law partner 445
    Single (never legally married) 230
    Separated 30
    Divorced 55
    Widowed 130
    Family Characteristics
    Total number of census families in private households 430
    Size of census family: 2 persons 235
    Size of census family: 3 persons 95
    Size of census family: 4 persons 70
    Size of census family: 5 or more persons 25
    Total number of census families in private households 425
    Total couple families by family structure and number of children 365
    Married couples 300
    Without children at home 170
    With children at home 130
    1 child 55
    2 children 60
    3 or more children 15
    Common-law couples 65
    Without children at home 30
    With children at home 35
    1 child 20
    2 children 5
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 70
    Female parent 55
    1 child 30
    2 children 15
    3 or more children 5
    Male parent 15
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 395
    Under six years of age 120
    6 to 14 years 130
    15 to 17 years 50
    18 to 24 years 60
    25 years and over 30
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 1415
    Number of persons not in census families 230
    Living with relatives 30
    Living with non-relatives only 25
    Living alone 180
    Number of census family persons 1185
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 300
    Number of persons not in census families aged 65 years and over 125
    Living with relatives 15
    Living with non-relatives only 10
    Living alone 110
    Number of census family persons aged 65 years and over 175
    Total number of private households by household type 615
    Census-family households 420
    One-family-only households 400
    Couple-family households 345
    Without children 185
    With children 160
    Lone-parent-family households 55
    Other family households 25
    One-family households with persons not in a census family 20
    Couple-family households 10
    Without children 5
    With children 5
    Lone-parent-family households 5
    Two-or-more-family households 10
    Non-census-family households 195
    One-person households 175
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 615
    Single-detached house 475
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 130
    Semi-detached house 10
    Row house 25
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 80
    Other single-attached house 5
    Total number of private households by household size 615
    1 person 180
    2 persons 230
    3 persons 95
    4 persons 80
    5 persons 30
    6 or more persons 5
    Number of persons in private households 1415
    Average number of persons in private households 2.3
Census 2011

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