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Old Ridge, NB

Updated: Jun 2016
House
Median price $224,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.24%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Old Ridge Home Price

Old Ridge was Canada’s 2525th most expensive suburb by listed median house price this month.

In Jun the median listed house price of $224,900 in Old Ridge was an impressive compared to the rest of New Brunswick.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Old Ridge has not many at all compared to the rest of the province

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.

When we look at the data we have, it can help with trying to establish whether or not Old Ridge is a good investment target.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Old Ridge there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Find a mortgage broker in Old Ridge, NB
Beds Median price (House) Median price (Apartment)
3 bedrooms $209,900
Demographics
  • Population in 20111986
  • Population in 20062113
  • 2006 to 2011 population change (%)-6
  • Total private dwellings827
  • Private dwellings occupied by usual residents785
  • Population density per square kilometre19.2
  • Land area (square km)103.38

Age Characteristics

Total population by age groups 1985
0 to 4 years 95
5 to 9 years 75
10 to 14 years 130
15 to 19 years 140
15 years 20
16 years 35
17 years 25
18 years 35
19 years 25
20 to 24 years 105
25 to 29 years 100
30 to 34 years 110
35 to 39 years 120
40 to 44 years 155
45 to 49 years 175
50 to 54 years 200
55 to 59 years 155
60 to 64 years 120
65 to 69 years 70
70 to 74 years 80
75 to 79 years 75
80 to 84 years 40
85 years and over 35
Median age of the population 44
% of the population aged 15 and over 85.4

Marital Status

Total population 15 years and over by marital status 1690
Married or living with a common-law partner 1060
Married (and not separated) 910
Living common-law 155
Not married and not living with a common-law partner 630
Single (never legally married) 380
Separated 55
Divorced 90
Widowed 105

Family Characteristics

Total number of census families in private households 605
Size of census family: 2 persons 305
Size of census family: 3 persons 160
Size of census family: 4 persons 100
Size of census family: 5 or more persons 35
Total number of census families in private households 605
Total couple families by family structure and number of children 530
Married couples 450
Without children at home 225
With children at home 230
1 child 110
2 children 85
3 or more children 30
Common-law couples 75
Without children at home 35
With children at home 45
1 child 20
2 children 10
3 or more children 5
Total lone-parent families by sex of parent and number of children 75
Female parent 55
1 child 30
2 children 20
3 or more children 5
Male parent 20
1 child 15
2 children 5
3 or more children 0
Total children in census families in private households 560
Under six years of age 100
6 to 14 years 185
15 to 17 years 80
18 to 24 years 120
25 years and over 70
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 1955
Number of persons not in census families 260
Living with relatives 40
Living with non-relatives only 40
Living alone 175
Number of census family persons 1690
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 275
Number of persons not in census families aged 65 years and over 85
Living with relatives 15
Living with non-relatives only 5
Living alone 65
Number of census family persons aged 65 years and over 190
Total number of private households by household type 785
Census-family households 590
One-family-only households 540
Couple-family households 485
Without children 240
With children 245
Lone-parent-family households 55
Other family households 50
One-family households with persons not in a census family 30
Couple-family households 20
Without children 10
With children 10
Lone-parent-family households 10
Two-or-more-family households 15
Non-census-family households 195
One-person households 175
Two-or-more-person households 20
Total number of occupied private dwellings by structural type of dwelling 785
Single-detached house 665
Apartment, building that has five or more storeys 0
Movable dwelling 95
Other dwelling 25
Semi-detached house 5
Row house 0
Apartment, duplex 5
Apartment, building that has fewer than five storeys 15
Other single-attached house 0
Total number of private households by household size 785
1 person 175
2 persons 285
3 persons 160
4 persons 110
5 persons 45
6 or more persons 15
Number of persons in private households 1955
Average number of persons in private households 2.5

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