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Middle River, NB

Updated: Aug 2016
House
Median price $41,900
Monthly growth -33.38 %
Quarterly trend
Stock on market 0.13%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Middle River Home Price

The median asking price in Middle River is $41,900, quite a drop from the median three months ago which was $69,900 .

The $41,900 price tag on the median Middle River home means that it is very cheap in comparison to the rest of the nation.

2 bedroom properties are the most common available for real estate investors this month in neighbourhood.

There are 421 neighbourhoods that have more properties on sale than Middle River at the moment in New Brunswick which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.

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

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

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

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

Beds Median price (House) Median price (Apartment)
2 bedrooms $55,450
Demographics
  • Population in 20114979
  • Population in 20065144
  • 2006 to 2011 population change (%)-3.2
  • Total private dwellings2223
  • Private dwellings occupied by usual residents2061
  • Population density per square kilometre3.3
  • Land area (square km)1504.8