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Richibucto-Village, NB

Updated: Aug 2016
House
Median price $86,900
Monthly growth 8.76 %
Quarterly trend
Stock on market 1.70%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Richibucto-Village Home Price

Canada’s national median home listing price this month is $290,900, which means that Richibucto-Village is in the cheapest 20% for Canada.

When our research team crunched the numbers we calculated that Richibucto-Village has a median home price of $86,900.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

There are 421 neighbourhoods that have more properties on sale than Richibucto-Village at the moment in New Brunswick which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.

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

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

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.

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

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.

Beds Median price (House) Median price (Apartment)
2 bedrooms $79,900
3 bedrooms $83,400
4 bedrooms $124,500
Demographics
  • Population in 20111986
  • Population in 20062022
  • 2006 to 2011 population change (%)-1.8
  • Total private dwellings1115
  • Private dwellings occupied by usual residents847
  • Population density per square kilometre8
  • Land area (square km)249.45