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Elgin, NB

Updated: Aug 2016
House
Median price $123,700
Monthly growth 33.80 %
Quarterly trend
Stock on market 1.62%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Elgin Home Price

When looking across the province, Elgin is the 269th most expensive in New Brunswick.

The median house price listed in Elgin this month is $123,700.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Elgin has a huge choice compared to the rest of the province

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

Over the last three months in Elgin, housing stock available seems to be falling – this could mean that homes values might increase faster.

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

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 Elgin, NB
Beds Median price (House) Median price (Apartment)
2 bedrooms $109,900
3 bedrooms $142,400
4 bedrooms $164,900
Demographics
  • Population in 2011968
  • Population in 2006973
  • 2006 to 2011 population change (%)-0.5
  • Total private dwellings616
  • Private dwellings occupied by usual residents438
  • Population density per square kilometre1.9
  • Land area (square km)519.38

Age Characteristics

Total population by age groups 970
0 to 4 years 40
5 to 9 years 35
10 to 14 years 35
15 to 19 years 40
15 years 5
16 years 10
17 years 10
18 years 10
19 years 0
20 to 24 years 40
25 to 29 years 40
30 to 34 years 50
35 to 39 years 40
40 to 44 years 50
45 to 49 years 85
50 to 54 years 95
55 to 59 years 115
60 to 64 years 115
65 to 69 years 65
70 to 74 years 55
75 to 79 years 30
80 to 84 years 20
85 years and over 25
Median age of the population 51.9
% of the population aged 15 and over 88.3

Marital Status

Total population 15 years and over by marital status 860
Married or living with a common-law partner 590
Married (and not separated) 485
Living common-law 105
Not married and not living with a common-law partner 270
Single (never legally married) 150
Separated 20
Divorced 45
Widowed 55

Family Characteristics

Total number of census families in private households 315
Size of census family: 2 persons 210
Size of census family: 3 persons 45
Size of census family: 4 persons 45
Size of census family: 5 or more persons 15
Total number of census families in private households 315
Total couple families by family structure and number of children 290
Married couples 240
Without children at home 155
With children at home 90
1 child 35
2 children 40
3 or more children 15
Common-law couples 55
Without children at home 45
With children at home 15
1 child 5
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 25
Female parent 20
1 child 15
2 children 5
3 or more children 5
Male parent 5
1 child 5
2 children 0
3 or more children 0
Total children in census families in private households 205
Under six years of age 40
6 to 14 years 65
15 to 17 years 25
18 to 24 years 40
25 years and over 30
Average number of children at home per census family 0.6

Household And Dwelling Characteristics

Total number of persons in private households 970
Number of persons not in census families 155
Living with relatives 15
Living with non-relatives only 20
Living alone 120
Number of census family persons 810
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 195
Number of persons not in census families aged 65 years and over 70
Living with relatives 10
Living with non-relatives only 10
Living alone 50
Number of census family persons aged 65 years and over 120
Total number of private households by household type 435
Census-family households 310
One-family-only households 290
Couple-family households 270
Without children 180
With children 90
Lone-parent-family households 20
Other family households 20
One-family households with persons not in a census family 15
Couple-family households 10
Without children 5
With children 10
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 125
One-person households 120
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 440
Single-detached house 425
Apartment, building that has five or more storeys 0
Movable dwelling 10
Other dwelling 0
Semi-detached house 0
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 440
1 person 115
2 persons 205
3 persons 55
4 persons 45
5 persons 5
6 or more persons 10
Number of persons in private households 970
Average number of persons in private households 2.2

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