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Royal Road, NB

Updated: Aug 2016
House
Median price $202,400
Monthly growth
Quarterly trend
Stock on market 0.08%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Royal Road Home Price

With a median listing price of $202,400, Royal Road is Canada’s 2837th most expensive when ordered by median listing price.

The $202,400 price tag on the median Royal Road home means that it is about average price.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Royal Road has not many at all compared to the rest of the province

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Royal Road 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.

It’s never an exact art, but to try to forecast how property is going to appreciate in Royal Road for investors, it’s important to look at data like:

In Royal Road, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Find a mortgage broker in Royal Road, NB
Beds Median price (House) Median price (Apartment)
4 bedrooms $191,700
Demographics
  • Population in 20116081
  • Population in 20065774
  • 2006 to 2011 population change (%)5.3
  • Total private dwellings2370
  • Private dwellings occupied by usual residents2275
  • Population density per square kilometre4.2
  • Land area (square km)1446.78

Age Characteristics

Total population by age groups 6080
0 to 4 years 360
5 to 9 years 395
10 to 14 years 370
15 to 19 years 400
15 years 70
16 years 75
17 years 95
18 years 70
19 years 95
20 to 24 years 300
25 to 29 years 295
30 to 34 years 360
35 to 39 years 460
40 to 44 years 440
45 to 49 years 515
50 to 54 years 540
55 to 59 years 480
60 to 64 years 420
65 to 69 years 315
70 to 74 years 185
75 to 79 years 125
80 to 84 years 55
85 years and over 60
Median age of the population 41
% of the population aged 15 and over 81.4

Marital Status

Total population 15 years and over by marital status 4950
Married or living with a common-law partner 3425
Married (and not separated) 2965
Living common-law 455
Not married and not living with a common-law partner 1520
Single (never legally married) 1030
Separated 110
Divorced 180
Widowed 195

Family Characteristics

Total number of census families in private households 1900
Size of census family: 2 persons 940
Size of census family: 3 persons 430
Size of census family: 4 persons 370
Size of census family: 5 or more persons 155
Total number of census families in private households 1895
Total couple families by family structure and number of children 1700
Married couples 1470
Without children at home 700
With children at home 765
1 child 325
2 children 320
3 or more children 125
Common-law couples 230
Without children at home 125
With children at home 105
1 child 55
2 children 35
3 or more children 15
Total lone-parent families by sex of parent and number of children 200
Female parent 135
1 child 70
2 children 40
3 or more children 20
Male parent 65
1 child 45
2 children 15
3 or more children 10
Total children in census families in private households 1890
Under six years of age 440
6 to 14 years 685
15 to 17 years 230
18 to 24 years 365
25 years and over 175
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 6065
Number of persons not in census families 570
Living with relatives 90
Living with non-relatives only 115
Living alone 365
Number of census family persons 5490
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 730
Number of persons not in census families aged 65 years and over 170
Living with relatives 35
Living with non-relatives only 15
Living alone 120
Number of census family persons aged 65 years and over 555
Total number of private households by household type 2275
Census-family households 1865
One-family-only households 1745
Couple-family households 1595
Without children 775
With children 820
Lone-parent-family households 145
Other family households 120
One-family households with persons not in a census family 85
Couple-family households 60
Without children 30
With children 30
Lone-parent-family households 25
Two-or-more-family households 35
Non-census-family households 410
One-person households 360
Two-or-more-person households 50
Total number of occupied private dwellings by structural type of dwelling 2275
Single-detached house 2015
Apartment, building that has five or more storeys 5
Movable dwelling 170
Other dwelling 90
Semi-detached house 10
Row house 10
Apartment, duplex 45
Apartment, building that has fewer than five storeys 20
Other single-attached house 0
Total number of private households by household size 2275
1 person 365
2 persons 900
3 persons 440
4 persons 375
5 persons 135
6 or more persons 65
Number of persons in private households 6065
Average number of persons in private households 2.7

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