Photo: Earth Science and Remote Sensing Unit , Lyndon B. Johnson Space Center · Public domainA home in Elgin sells for 87% less than in the middle of New Brunswick’s towns
The 2021 census put the median home at $150,000, with an average of $168,000. On the 2024 assessment, the middle residential property is valued at $19,700. Building permits in Elgin added about 5 homes a year from 2019 to 2022.
Three ways to price a home in Elgin
Every figure here is compared within the province, against New Brunswick’s towns, since each province assesses on its own terms. These home values were given by owners themselves, in a census taken in May 2021.
median, owners’ estimate
- Average
- $168K
- Owners
- 455
- New Brunswick’s towns
- $187K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $114K
- ÷ buyers’ income
- 0.4×
- Buyers
- 65
- New Brunswick’s towns
- $239K
all residential
- New Brunswick’s towns
- $140K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Elgin’s detached houses are assessed 62% below the median of New Brunswick’s towns
Assessors listed 810 residential properties in Elgin for 2024, 91% of them detached houses.
Median assessment by type, 2024 the tick is the median of New Brunswick’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of New Brunswick’s towns with their own figure; assessments compare within a province only.
14% of Elgin’s homes need major repairs, against 7% for New Brunswick’s towns
At the 2021 census, 97% of Elgin’s 485 occupied homes were single-detached houses. Half or more were standing by 1980.
Homes by period of construction the tick is the median of New Brunswick’s towns
Homes by kind
| Elgin | New Brunswick | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 2% | 8% |
| Needing major repairs | 14% | 7% | 6% |
| Too small for the household | 4% | 2% | 3% |
| Households in core housing need | 7% | 4% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
9.6 new homes a year per 1,000 in Elgin: in step with New Brunswick’s towns (10.9)
Single-unit buildings took 100% of them, where New Brunswick’s towns built 64%.
The busiest year: 2020, with 7 new homes
A year with no report is left out.
New homes a year per 1,000 homes
2,699 new homes in the 12 months to August 2026, down 4% on the year before
Monthly permits for the Moncton metro area
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Elgin is cheaper than most of New Brunswick’s towns: 20% under their $187,000 median
The census values of New Brunswick’s towns, 60 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Elgin: Cardwell
Next to Elgin: 2021 census values and the share of owners. Distances here run 14–29 km: that is how far the nearest places with figures are from Elgin.
Questions about property prices in Elgin
What is the average house price in Elgin?
The average sale was $114,000 in 2023, and at the median, buyers paid 0.4 times their income.
How many households in Elgin are in core housing need?
Statistics Canada puts 7% of Elgin’s households in core housing need, a higher share than the 4% of New Brunswick’s towns.
Is Elgin expensive for New Brunswick?
Below the norm for New Brunswick’s towns, whose median home is worth $187,000; Elgin’s is worth less.
Can I see individual sales or prices by street?
Only in total: Statistics Canada releases each town’s median and average sale and its number of buyers, never a single sale.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).