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Penniac, NB

Updated: Aug 2016
House
Median price $218,900
Monthly growth 462.72 %
Quarterly trend
Stock on market 0.27%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Penniac Home Price

When looking across the province, Penniac is the 77th most expensive in New Brunswick.

Penniac, New Brunswick has a median house price of $218,900 when compiling all the home listings in Aug .

Across New Brunswick Penniac has the 158th most properties on offer with 421.

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

The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.

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

New Brunswick has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $220,450
Demographics
  • Population in 20114733
  • Population in 20064224
  • 2006 to 2011 population change (%)12.1
  • Total private dwellings1858
  • Private dwellings occupied by usual residents1783
  • Population density per square kilometre6.3
  • Land area (square km)753.12