Real Estate Market Report for
Port Elgin, NB

Updated : Aug 2016
House
  • Median price $79,700
  • Monthly growth 4.18 %
  • Quarterly trend
  • Stock on market 3.31%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Port Elgin Home Price

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The median asking price in Port Elgin is $79,700, quite a drop from the median three months ago which was $79,900 .

In Aug the median listed house price of $79,700 in Port Elgin was relatively low compared to the rest of New Brunswick.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

According to our stats, Port Elgin is the neighbourhood that has the 128th most properties available to real estate investors in New Brunswick.

New Brunswick has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

If you are looking at investment properties in Port Elgin, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.

It’s never an exact art, but to try to forecast how property is going to appreciate in Port Elgin 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 $83,800
3 bedrooms $79,500
Demographics
  • Population in 2011418
  • Population in 2006451
  • 2006 to 2011 population change (%)-7.3
  • Total private dwellings181
  • Private dwellings occupied by usual residents164
  • Population density per square kilometre160
  • Land area (square km)2.61
  • Age Characteristics
    Total population by age groups 420
    0 to 4 years 20
    5 to 9 years 30
    10 to 14 years 35
    15 to 19 years 15
    15 years 5
    16 years 0
    17 years 0
    18 years 5
    19 years 0
    20 to 24 years 15
    25 to 29 years 15
    30 to 34 years 20
    35 to 39 years 25
    40 to 44 years 25
    45 to 49 years 20
    50 to 54 years 25
    55 to 59 years 40
    60 to 64 years 35
    65 to 69 years 20
    70 to 74 years 20
    75 to 79 years 15
    80 to 84 years 15
    85 years and over 30
    Median age of the population 48.2
    % of the population aged 15 and over 80.1
  • Marital Status
    Total population 15 years and over by marital status 330
    Married or living with a common-law partner 170
    Married (and not separated) 140
    Living common-law 30
    Not married and not living with a common-law partner 165
    Single (never legally married) 70
    Separated 15
    Divorced 30
    Widowed 50
    Family Characteristics
    Total number of census families in private households 110
    Size of census family: 2 persons 65
    Size of census family: 3 persons 20
    Size of census family: 4 persons 15
    Size of census family: 5 or more persons 10
    Total number of census families in private households 115
    Total couple families by family structure and number of children 80
    Married couples 65
    Without children at home 40
    With children at home 25
    1 child 5
    2 children 10
    3 or more children 5
    Common-law couples 15
    Without children at home 10
    With children at home 5
    1 child 5
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 30
    Female parent 25
    1 child 15
    2 children 5
    3 or more children 5
    Male parent 10
    1 child 5
    2 children 0
    3 or more children 5
    Total children in census families in private households 120
    Under six years of age 25
    6 to 14 years 60
    15 to 17 years 10
    18 to 24 years 10
    25 years and over 10
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 385
    Number of persons not in census families 70
    Living with relatives 20
    Living with non-relatives only 10
    Living alone 45
    Number of census family persons 310
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 75
    Number of persons not in census families aged 65 years and over 30
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 20
    Number of census family persons aged 65 years and over 40
    Total number of private households by household type 165
    Census-family households 110
    One-family-only households 100
    Couple-family households 70
    Without children 45
    With children 25
    Lone-parent-family households 30
    Other family households 10
    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 55
    One-person households 45
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 165
    Single-detached house 150
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 10
    Semi-detached house 0
    Row house 5
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 165
    1 person 45
    2 persons 65
    3 persons 20
    4 persons 25
    5 persons 5
    6 or more persons 10
    Number of persons in private households 390
    Average number of persons in private households 2.4
Census 2011

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