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Richmond, NB

Updated: Aug 2016
House
Median price $202,400
Monthly growth
Quarterly trend
Stock on market 0.35%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Richmond Home Price

Across the country as a whole, Richmond is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

The $202,400 price tag on the median Richmond home means that it is about average price.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

New Brunswick has the seventh most amount of properties available to property investors, with Richmond having 306th most in the province, out of a total of 421.

Will prices rise across the next year in in Richmond? There are a number of real estate indicators to consider.

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

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 Richmond have stayed pretty much the same which would tend to indicate that demand is steady.

Demographics
  • Population in 20111358
  • Population in 20061414
  • 2006 to 2011 population change (%)-4
  • Total private dwellings565
  • Private dwellings occupied by usual residents530
  • Population density per square kilometre5.2
  • Land area (square km)259.14

Age Characteristics

Total population by age groups 1355
0 to 4 years 75
5 to 9 years 70
10 to 14 years 90
15 to 19 years 105
15 years 20
16 years 25
17 years 20
18 years 25
19 years 15
20 to 24 years 70
25 to 29 years 70
30 to 34 years 65
35 to 39 years 95
40 to 44 years 105
45 to 49 years 105
50 to 54 years 105
55 to 59 years 105
60 to 64 years 110
65 to 69 years 60
70 to 74 years 60
75 to 79 years 35
80 to 84 years 15
85 years and over 20
Median age of the population 42
% of the population aged 15 and over 83.2

Marital Status

Total population 15 years and over by marital status 1130
Married or living with a common-law partner 755
Married (and not separated) 660
Living common-law 95
Not married and not living with a common-law partner 370
Single (never legally married) 235
Separated 20
Divorced 55
Widowed 60

Family Characteristics

Total number of census families in private households 425
Size of census family: 2 persons 215
Size of census family: 3 persons 95
Size of census family: 4 persons 80
Size of census family: 5 or more persons 35
Total number of census families in private households 425
Total couple families by family structure and number of children 375
Married couples 325
Without children at home 165
With children at home 160
1 child 65
2 children 65
3 or more children 30
Common-law couples 45
Without children at home 20
With children at home 30
1 child 15
2 children 10
3 or more children 5
Total lone-parent families by sex of parent and number of children 50
Female parent 40
1 child 25
2 children 10
3 or more children 5
Male parent 10
1 child 5
2 children 5
3 or more children 5
Total children in census families in private households 410
Under six years of age 80
6 to 14 years 145
15 to 17 years 65
18 to 24 years 85
25 years and over 40
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 1355
Number of persons not in census families 155
Living with relatives 30
Living with non-relatives only 20
Living alone 105
Number of census family persons 1205
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 190
Number of persons not in census families aged 65 years and over 55
Living with relatives 10
Living with non-relatives only 5
Living alone 40
Number of census family persons aged 65 years and over 140
Total number of private households by household type 530
Census-family households 415
One-family-only households 390
Couple-family households 345
Without children 170
With children 175
Lone-parent-family households 45
Other family households 25
One-family households with persons not in a census family 20
Couple-family households 20
Without children 10
With children 5
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 115
One-person households 105
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 530
Single-detached house 495
Apartment, building that has five or more storeys 0
Movable dwelling 25
Other dwelling 10
Semi-detached house 5
Row house 0
Apartment, duplex 5
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 530
1 person 110
2 persons 200
3 persons 90
4 persons 85
5 persons 35
6 or more persons 10
Number of persons in private households 1360
Average number of persons in private households 2.6

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