Brantville, New Brunswick Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 3.2% |
| Stock on market | 0.6% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $580,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $340,000 |
| 3 bedrooms | $430,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,800 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
1. Current Market Conditions and Trends
The real estate market in Brantville, New Brunswick is currently experiencing steady growth. The median house price in the area stands at $485,000, indicative of a 3.2% increase year-over-year. This consistent rise suggests a stable market with ongoing demand for housing. Similarly, the apartment sector shows a positive trend, with the median apartment price reaching $295,000, marking a 2.5% rise from the previous year.
The population of Brantville has grown to 15,500 residents, reflecting a robust growth rate of 3.3%. This demographic expansion supports the sustained demand for residential properties. The current trends indicate that the real estate market in Brantville is healthy and poised for further growth as the population increases.
2. Investment Opportunities and Potential
Given the upward trend in property values and consistent population growth, Brantville presents attractive investment opportunities for both residential and rental markets. The moderate yet steady appreciation in house prices suggests that investments in real estate here could yield solid returns over time without the volatility seen in more aggressive markets.
For investors looking to enter the rental market, the growing population implies a rising demand for rental units. Apartments, particularly those priced around the median value of $295,000, offer an entry point with potential for rental income and appreciation.
3. Future Market Outlook
The outlook for Brantville’s real estate market remains positive. The combination of appreciating property values, strong population growth, and economic stability positions Brantville as a promising location for both homebuyers and investors. If current trends continue, we can expect to see further increases in property prices and investment returns.
However, it is important for potential investors to monitor local economic conditions and development plans that may affect property values. Factors such as employment rates, infrastructure improvements, and interest rates will also play a crucial role in shaping the future landscape of Brantville’s real estate market.
