Core housing need reaches 12% of Grand Falls’s households, where New Brunswick’s towns sit at 4%
In May 2021 the median owned home was worth $150,000 by its owner’s reckoning, the average one $189,000. Sales are published too: 30 buyers in 2023, at a median $165,000. Assessors valued the median residential property at $58,100 for 2024.
What Grand Falls’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. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices.
median, owners’ estimate
- Average
- $189K
- Owners
- 370
- New Brunswick’s towns
- $187K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $171K
- ÷ buyers’ income
- 1.5×
- Buyers
- 30
- 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).
Grand Falls’s detached houses are assessed 45% below the median of New Brunswick’s towns
Detached houses account for 92% of the 480 properties on Grand Falls’s 2024 roll.
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.
31% of Grand Falls’s homes predate 1961, against 18% for New Brunswick’s towns
At the 2021 census, 91% of Grand Falls’s 455 occupied homes were single-detached houses.
Homes by period of construction the tick is the median of New Brunswick’s towns
Homes by kind
| Grand Falls | New Brunswick | Canada | |
|---|---|---|---|
| Condominiums | 3% | 2% | 8% |
| Needing major repairs | 10% | 7% | 6% |
| Too small for the household | 2% | 2% | 3% |
| Households in core housing need | 12% | 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.
Grand Falls against New Brunswick’s towns: 20% under the $187,000 median
60 of New Brunswick’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Grand Falls: Denmark
Next to Grand Falls: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Grand Falls | $150K | $189K | 82% | |
| Denmark | $110K | $135K | 89% | 11.2 |
| Grand Falls / Grand-Sault | $174K | $196K | 63% | 11.4 |
| Drummond | $200K | $228K | 91% | 13.9 |
| Saint-André | $160K | $171K | 81% | 17.4 |
| Tobique 20 | – | – | 27% | 18.9 |
Census 2021 values; km.
Questions about property prices in Grand Falls
What is the average house price in Grand Falls?
An average of $171,000 in 2023, with the median sale at 1.5 times the buyer’s income.
Is Grand Falls expensive for New Brunswick?
Cheaper than the middle: New Brunswick’s towns come to $187,000, Grand Falls to less.
Can I see individual sales or prices by street?
No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. 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).