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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.

Find a mortgage broker in Middle River, NB
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

Age Characteristics

Total population by age groups 4975
0 to 4 years 165
5 to 9 years 205
10 to 14 years 270
15 to 19 years 310
15 years 60
16 years 55
17 years 75
18 years 70
19 years 55
20 to 24 years 215
25 to 29 years 180
30 to 34 years 235
35 to 39 years 345
40 to 44 years 370
45 to 49 years 455
50 to 54 years 485
55 to 59 years 515
60 to 64 years 475
65 to 69 years 310
70 to 74 years 220
75 to 79 years 110
80 to 84 years 70
85 years and over 40
Median age of the population 47.1
% of the population aged 15 and over 87.2

Marital Status

Total population 15 years and over by marital status 4340
Married or living with a common-law partner 2980
Married (and not separated) 2415
Living common-law 565
Not married and not living with a common-law partner 1360
Single (never legally married) 885
Separated 120
Divorced 130
Widowed 220

Family Characteristics

Total number of census families in private households 1655
Size of census family: 2 persons 965
Size of census family: 3 persons 375
Size of census family: 4 persons 255
Size of census family: 5 or more persons 55
Total number of census families in private households 1660
Total couple families by family structure and number of children 1480
Married couples 1195
Without children at home 680
With children at home 515
1 child 270
2 children 200
3 or more children 50
Common-law couples 285
Without children at home 170
With children at home 115
1 child 50
2 children 50
3 or more children 10
Total lone-parent families by sex of parent and number of children 180
Female parent 125
1 child 85
2 children 40
3 or more children 5
Male parent 50
1 child 35
2 children 15
3 or more children 0
Total children in census families in private households 1245
Under six years of age 200
6 to 14 years 440
15 to 17 years 185
18 to 24 years 285
25 years and over 145
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 4965
Number of persons not in census families 580
Living with relatives 80
Living with non-relatives only 110
Living alone 395
Number of census family persons 4380
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 745
Number of persons not in census families aged 65 years and over 210
Living with relatives 40
Living with non-relatives only 20
Living alone 150
Number of census family persons aged 65 years and over 540
Total number of private households by household type 2060
Census-family households 1625
One-family-only households 1510
Couple-family households 1365
Without children 785
With children 585
Lone-parent-family households 140
Other family households 115
One-family households with persons not in a census family 80
Couple-family households 65
Without children 35
With children 35
Lone-parent-family households 15
Two-or-more-family households 35
Non-census-family households 435
One-person households 390
Two-or-more-person households 45
Total number of occupied private dwellings by structural type of dwelling 2060
Single-detached house 1955
Apartment, building that has five or more storeys 0
Movable dwelling 50
Other dwelling 50
Semi-detached house 5
Row house 5
Apartment, duplex 25
Apartment, building that has fewer than five storeys 0
Other single-attached house 10
Total number of private households by household size 2060
1 person 390
2 persons 915
3 persons 380
4 persons 280
5 persons 70
6 or more persons 20
Number of persons in private households 4965
Average number of persons in private households 2.4

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