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Cardigan, NB

Updated: May 2016
House
Median price $183,700
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.08%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Cardigan Home Price

When looking across the province, Cardigan is the 136th most expensive in New Brunswick.

The $183,700 price tag on the median Cardigan home means that it is below the national norm.

According to our stats, Cardigan is the neighbourhood that has the 310th most properties available to real estate investors in New Brunswick.

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

If you are looking at investment properties in Cardigan, 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.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in May this neighbourhood’s most common listing the same as the national average.

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

Over the last three months in Cardigan, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Demographics
  • Population in 20116081
  • Population in 20065774
  • 2006 to 2011 population change (%)5.3
  • Total private dwellings2370
  • Private dwellings occupied by usual residents2275
  • Population density per square kilometre4.2
  • Land area (square km)1446.78