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Drummond, NB

Updated: Aug 2016
House
Median price $136,900
Monthly growth 66.04 %
Quarterly trend
Stock on market 9.09%
Apartment
Median price $106,950
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.59%

Drummond Home Price

The median asking price in Drummond is $136,900, quite a drop from the median three months ago which was $139,500 .

Drummond, New Brunswick has a median house price of $136,900 when compiling all the home listings in Aug .

Across New Brunswick Drummond has the 30th most properties on offer with 421.

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

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Drummond, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 35, this month we show 31.

In Aug the median listed house price of $106,950 in Drummond was relatively low compared to the rest of New Brunswick.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

Across New Brunswick Drummond has the 23th most properties on offer with 32.

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.

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.

Find a mortgage broker in Drummond, NB
Beds Median price (House) Median price (Apartment)
2 bedrooms $115,000
3 bedrooms $136,900 $106,950
4 bedrooms $137,750
Demographics
  • Population in 2011775
  • Population in 2006839
  • 2006 to 2011 population change (%)-7.6
  • Total private dwellings341
  • Private dwellings occupied by usual residents334
  • Population density per square kilometre86.9
  • Land area (square km)8.91

Age Characteristics

Total population by age groups 775
0 to 4 years 40
5 to 9 years 30
10 to 14 years 45
15 to 19 years 45
15 years 5
16 years 15
17 years 5
18 years 10
19 years 15
20 to 24 years 50
25 to 29 years 45
30 to 34 years 40
35 to 39 years 45
40 to 44 years 30
45 to 49 years 60
50 to 54 years 85
55 to 59 years 80
60 to 64 years 60
65 to 69 years 35
70 to 74 years 20
75 to 79 years 30
80 to 84 years 25
85 years and over 10
Median age of the population 46.2
% of the population aged 15 and over 85.4

Marital Status

Total population 15 years and over by marital status 660
Married or living with a common-law partner 430
Married (and not separated) 355
Living common-law 75
Not married and not living with a common-law partner 235
Single (never legally married) 145
Separated 15
Divorced 20
Widowed 45

Family Characteristics

Total number of census families in private households 245
Size of census family: 2 persons 135
Size of census family: 3 persons 65
Size of census family: 4 persons 35
Size of census family: 5 or more persons 10
Total number of census families in private households 245
Total couple families by family structure and number of children 215
Married couples 175
Without children at home 100
With children at home 75
1 child 40
2 children 25
3 or more children 10
Common-law couples 40
Without children at home 15
With children at home 25
1 child 15
2 children 10
3 or more children 5
Total lone-parent families by sex of parent and number of children 30
Female parent 30
1 child 15
2 children 10
3 or more children 5
Male parent 5
1 child 5
2 children 5
3 or more children 0
Total children in census families in private households 205
Under six years of age 45
6 to 14 years 65
15 to 17 years 25
18 to 24 years 45
25 years and over 25
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 775
Number of persons not in census families 105
Living with relatives 5
Living with non-relatives only 15
Living alone 85
Number of census family persons 670
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 115
Number of persons not in census families aged 65 years and over 50
Living with relatives 0
Living with non-relatives only 0
Living alone 40
Number of census family persons aged 65 years and over 70
Total number of private households by household type 335
Census-family households 245
One-family-only households 230
Couple-family households 200
Without children 110
With children 90
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 0
With children 5
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 95
One-person households 85
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 335
Single-detached house 265
Apartment, building that has five or more storeys 0
Movable dwelling 5
Other dwelling 70
Semi-detached house 15
Row house 15
Apartment, duplex 5
Apartment, building that has fewer than five storeys 25
Other single-attached house 5
Total number of private households by household size 335
1 person 80
2 persons 135
3 persons 65
4 persons 40
5 persons 15
6 or more persons 5
Number of persons in private households 775
Average number of persons in private households 2.3

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