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Property prices in Fredericton · Census 2021 and Statistics Canada

36% of Fredericton’s homes are apartments, against 5% for New Brunswick’s towns

The 2021 census put the median home at $250,000, with an average of $273,600. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices. Sales are published too: 1,400 buyers in 2023, at a median $350,000.

Median home value
$250K
owners’ estimate, census 2021
average $274K
Median sale price
$350K
CHSP, 2023
1,400 buyers
Median assessed value
$253K
all residential, 2024
New homes a year
650
permits, 2018–2023
25 per 1,000 homes
What homes are worth

What Fredericton’s homes are worth, three ways

Every figure here is compared within the province, against New Brunswick’s towns, since each province assesses on its own terms.

Census 2021$250K

median, owners’ estimate

Average
$274K
Owners
16,100
New Brunswick’s towns
$187K
The typical Canadian town
$406K
Sales, 2023$350K

median sale price

Average sale
$370K
÷ buyers’ income
2.6×
Buyers
1,400
New Brunswick’s towns
$239K
Assessed, 2024$253K

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).

By type of home

Houses in Fredericton carry assessments 45% over the middle of New Brunswick’s towns

Of Fredericton’s 17,610 residential properties on the 2024 roll, 74% are detached houses and 6% are condos.

Assessed value

Median assessment by type, 2024 the tick is the median of New Brunswick’s towns

Detached houses$262K
Semi-detached$207K
Row houses$248K
Condos$192K
Multi-unit properties$305K
The mix of properties
Detached houses74%
Multi-unit properties13%
Condos6%
Row houses4%
Semi-detached2%
1,640 sq ft
living area of the median detached house (New Brunswick’s towns: 1,415 sq ft)
79%
of properties lived in by their owner

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.

The homes

Fredericton’s homes: when they went up and what they are

Fredericton had 28,480 occupied homes at the 2021 census. The older half dates from before 2001.

When they were built

Homes by period of construction the tick is the median of New Brunswick’s towns

Before 196120%
1961–198029%
1981–200022%
2001–201523%
2016–20216%
What kind of home

Homes by kind

Single-detached houses44%
Semi-detached houses3%
Row houses4%
Flats in a duplex8%
Apartments, under 5 storeys35%
Apartments, 5+ storeys2%
Other attached1%
Movable dwellings4%
Against the median town of the province and of Canada
FrederictonNew BrunswickCanada
Condominiums7%2%8%
Needing major repairs6%7%6%
Too small for the household4%2%3%
Households in core housing need9%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.

New homes

Fredericton permitted 25 new homes a year per 1,000, above the 10.9 of New Brunswick’s towns

Over 2018–2023, 3,897 homes were permitted in Fredericton, close to 650 each year. Apartments and other multi-unit buildings dominate: only 15% were single-unit, against 64% for New Brunswick’s towns.

Permits by year, 2018–2023

Most in 2022: 945 new homes

Single-unit buildingsTwo or more units
02004006008001,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Fredericton25
New Brunswick’s towns10.9
The typical Canadian town13.8
$105M
of new residential construction a year, 2019–2023
The metro area

Rising: 1,740 new homes in the 12 months to August 2026, 27% more

05001,0001,5002,00020212022202320242025

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. · Not measured by town: monthly permits (the Fredericton metro area)

Across New Brunswick

Fredericton is 34% above the $187,000 median of New Brunswick’s towns

The census values of New Brunswick’s towns, 60 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to Fredericton: Maugerville, Saint Marys and Lincoln

The places around Fredericton at the 2021 census: median and average value, and how many own.

Devon 30New MarylandStarlight VillageMaugervilleSaint MarysLincolnDevon 30New MarylandStarlight VillageMaugervilleSaint MarysLincolnFredericton
Prices next door
TownMedian home valueAverageOwnerskm
Fredericton$250K$274K57%
Devon 30––6%2.5
New Maryland$276K$288K95%7.6
Starlight Village$276K$292K95%11.2
Maugerville$200K$214K92%11.5
Saint Marys$234K$243K94%13.3
Lincoln$200K$211K93%13.6

Census 2021 values; km.

Questions about property prices in Fredericton

How many households in Fredericton are in core housing need?

Statistics Canada puts 9% of Fredericton’s households in core housing need, a higher share than the 4% of New Brunswick’s towns.

Is Fredericton expensive for New Brunswick?

Dearer than the middle: New Brunswick’s towns come to $187,000, Fredericton to more.

What is the average house price in Fredericton?

An average of $370,000 in 2023, with the median sale at 2.6 times the buyer’s income.

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).