Dieppe, New Brunswick Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.2% |
| Quarterly trend | 3.5% |
| Stock on market | 0.8% |
Apartment
| Median price | $300,000 |
| Monthly growth | 0.9% |
| Quarterly trend | 2.1% |
| Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $400,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $600,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $250,000 |
| 2 bedrooms | $350,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,000 |
| Population Change | 7.1% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,500 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Dieppe, New Brunswick is experiencing steady growth. As of the latest data, the median house price stands at $500,000, with an annual appreciation rate of 3.5%. This suggests a healthy demand for single-family homes, with prices advancing at a sustainable pace. The market for apartments is also showing positive momentum, with the median apartment price reaching $300,000 and witnessing a year-over-year increase of 2.1%. This moderate growth rate may reflect a balanced market where supply meets demand without significant inflationary pressures.
Dieppe’s population has expanded by 7.1%, indicating robust demographic growth that could be contributing to the housing demand. Such population trends often lead to increased consumer spending and can provide a boost to local economies — factors that are typically favorable for real estate markets.
Investment Opportunities and Potential
Investors looking to enter the Dieppe real estate market will find opportunities in both the single-family home and apartment sectors. The consistent appreciation in property values points to ongoing investment potential, particularly given the town’s strong population growth. Rental properties may also offer attractive returns as new residents seek housing options.
Given that the median apartment price increase is slightly lower than that of houses, investors might find apartments to be a more accessible entry point into the market or a diversification opportunity. The apartment sector may appeal to first-time investors or those looking for long-term rental income in a growing community.
Future Market Outlook
The future outlook for Dieppe’s real estate market appears promising. With continued population growth and economic stability, demand for housing should remain robust. Assuming that local employment rates stay healthy and interest rates are managed effectively by policymakers, the market could maintain its current trajectory of steady growth without overheating.
Investors and homebuyers can be cautiously optimistic but should monitor factors such as changes in migration patterns, economic conditions, and interest rates which can impact affordability and demand. A balanced approach to development that matches housing supply with anticipated demographic changes will be key in maintaining Dieppe’s market health.
