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Scierie Billings and Flemming Lumber Co 1920 ElmwoodPhoto: Not specified · Public domain
A−Cost of living Grade
Property prices in Richmond · Census 2021 and Statistics Canada

Buyers in Richmond pay 45% below the median sale of New Brunswick’s towns

Owners valued the median home at $139,000 at the 2021 census, and the average at $158,000. No sale stands behind these values: owners named them at the census of May 2021. Assessors valued the median residential property at $66,000 for 2024.

Median home value
$139K
owners’ estimate, census 2021
average $158K
Median sale price
$132K
CHSP, 2023
60 buyers
Median assessed value
$66K
all residential, 2024
Owner households
470
census 2021
91% of households
What homes are worth

What Richmond’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$139K

median, owners’ estimate

Average
$158K
Owners
470
New Brunswick’s towns
$187K
The typical Canadian town
$406K
Sales, 2023$132K

median sale price

Average sale
$131K
÷ buyers’ income
1.1×
Buyers
60
New Brunswick’s towns
$239K
Assessed, 2024$66K

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

Richmond’s detached houses are assessed 31% below the median of New Brunswick’s towns

Of Richmond’s 620 residential properties on the 2024 roll, 86% are detached houses.

Assessed value

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

Detached houses$125K
Mobile homes$64K
Multi-unit properties$94K
The mix of properties
Detached houses86%
Mobile homes8%
Multi-unit properties3%
1,370 sq ft
living area of the median detached house (New Brunswick’s towns: 1,415 sq ft)

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

10% of Richmond’s homes need major repairs, against 7% for New Brunswick’s towns

Richmond had 535 occupied homes at the 2021 census, 92% of them single-detached houses. At least half predate 2001.

When they were built

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

Before 196121%
1961–198021%
1981–200038%
2001–201521%
2016–20212%
What kind of home

Homes by kind

Single-detached houses92%
Semi-detached houses1%
Row housesunder 1%
Flats in a duplex1%
Apartments, under 5 storeys1%
Movable dwellings5%
Against the median town of the province and of Canada
RichmondNew BrunswickCanada
Condominiumsunder 1%2%8%
Needing major repairs10%7%6%
Too small for the household5%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.

Across New Brunswick

Richmond is cheaper than most of New Brunswick’s towns: 26% under their $187,000 median

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.

Richmond’s neighbours by home value

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

WoodstockWoodstockNorthamptonWoodstockWoodstockNorthamptonRichmond
Prices next door
TownMedian home valueAverageOwnerskm
Richmond$139K$158K91%
Woodstock$180K$212K84%11.5
Woodstock$170K$196K56%13.7
Northampton$200K$228K75%19.2

Census 2021 values; km.

Questions about property prices in Richmond

What is the average house price in Richmond?

The average sale was $131,000 in 2023, and at the median, buyers paid 1.1 times their income.

How many households in Richmond are in core housing need?

9% of Richmond’s households, above the 4% of New Brunswick’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.

Is Richmond expensive for New Brunswick?

Below the norm for New Brunswick’s towns, whose median home is worth $187,000; Richmond’s is worth 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).