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Meductic, NB

Updated: Aug 2016
House
Median price $114,900
Monthly growth -8.00 %
Quarterly trend
Stock on market 1.60%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Meductic Home Price

Across the country as a whole, Meductic is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

With Meductic’s median house price at $114,900 in Aug , it is below average compared to the rest of New Brunswick.

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

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Meductic have dried up which would tend to indicate that demand is higher than the supply of new properties.

Is Meductic a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

If you are looking at investment properties in Meductic, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Find a mortgage broker in Meductic, NB
Beds Median price (House) Median price (Apartment)
3 bedrooms $124,900
Demographics
  • Population in 2011270
  • Population in 2006155
  • 2006 to 2011 population change (%)74.2
  • Total private dwellings125
  • Private dwellings occupied by usual residents107
  • Population density per square kilometre48.5
  • Land area (square km)5.57

Age Characteristics

Total population by age groups 270
0 to 4 years 15
5 to 9 years 15
10 to 14 years 20
15 to 19 years 15
15 years 5
16 years 5
17 years 0
18 years 0
19 years 5
20 to 24 years 10
25 to 29 years 15
30 to 34 years 15
35 to 39 years 15
40 to 44 years 25
45 to 49 years 20
50 to 54 years 35
55 to 59 years 15
60 to 64 years 20
65 to 69 years 10
70 to 74 years 5
75 to 79 years 10
80 to 84 years 10
85 years and over 5
Median age of the population 44.3
% of the population aged 15 and over 81.9

Marital Status

Total population 15 years and over by marital status 225
Married or living with a common-law partner 160
Married (and not separated) 150
Living common-law 10
Not married and not living with a common-law partner 60
Single (never legally married) 35
Separated 0
Divorced 5
Widowed 15

Family Characteristics

Total number of census families in private households 90
Size of census family: 2 persons 55
Size of census family: 3 persons 15
Size of census family: 4 persons 15
Size of census family: 5 or more persons 5
Total number of census families in private households 90
Total couple families by family structure and number of children 80
Married couples 80
Without children at home 50
With children at home 30
1 child 10
2 children 10
3 or more children 10
Common-law couples 0
Without children at home 0
With children at home 0
1 child 0
2 children 0
3 or more children 0
Total lone-parent families by sex of parent and number of children 10
Female parent 5
1 child 5
2 children 0
3 or more children 0
Male parent 0
1 child 0
2 children 0
3 or more children 0
Total children in census families in private households 75
Under six years of age 20
6 to 14 years 30
15 to 17 years 10
18 to 24 years 15
25 years and over 5
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 270
Number of persons not in census families 20
Living with relatives 5
Living with non-relatives only 0
Living alone 15
Number of census family persons 250
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 45
Number of persons not in census families aged 65 years and over 10
Living with relatives 0
Living with non-relatives only 0
Living alone 10
Number of census family persons aged 65 years and over 35
Total number of private households by household type 105
Census-family households 85
One-family-only households 85
Couple-family households 75
Without children 50
With children 30
Lone-parent-family households 5
Other family households 5
One-family households with persons not in a census family 5
Couple-family households 5
Without children 0
With children 0
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 20
One-person households 15
Two-or-more-person households 0
Total number of occupied private dwellings by structural type of dwelling 110
Single-detached house 95
Apartment, building that has five or more storeys 0
Movable dwelling 10
Other dwelling 0
Semi-detached house 5
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 110
1 person 20
2 persons 55
3 persons 15
4 persons 10
5 persons 5
6 or more persons 5
Number of persons in private households 270
Average number of persons in private households 2.5

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