Photo: Scott Davis · CC BY 2.5Homes in Wakefield sell for 43% less than the median of New Brunswick’s towns
The middle home was worth $150,000 at the 2021 census, the average $198,400. On the 2024 assessment, the middle residential property is valued at $123,000. Some 10 new homes a year went up in Wakefield on permits from 2019 to 2022.
Three ways to price a home in Wakefield
Three sources, each set against New Brunswick’s towns only: provinces measure value differently, so they don’t line up across borders. The census asks owners what their home would sell for, so the values are estimates from May 2021.
median, owners’ estimate
- Average
- $198K
- Owners
- 920
- New Brunswick’s towns
- $187K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $163K
- ÷ buyers’ income
- 0.9×
- Buyers
- 40
- 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).
A detached house in Wakefield is assessed 10% lower than across New Brunswick’s towns
Of Wakefield’s 985 residential properties on the 2024 roll, 86% are 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.
How Wakefield’s homes break down, by age and kind
Of the 1,135 homes people lived in across Wakefield at the 2021 census, 78% were single-detached houses. Half went up before 2001.
Homes by period of construction the tick is the median of New Brunswick’s towns
Homes by kind
| Wakefield | New Brunswick | Canada | |
|---|---|---|---|
| Condominiums | 1% | 2% | 8% |
| Needing major repairs | 8% | 7% | 6% |
| Too small for the household | 3% | 2% | 3% |
| Households in core housing need | 2% | 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.
Building behind New Brunswick’s towns: 8.6 new homes a year per 1,000 in Wakefield, against 10.9
Most were houses: 69% went into single-unit buildings, against 64% for New Brunswick’s towns.
The busiest year: 2021, with 20 new homes
New homes a year per 1,000 homes
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.
Wakefield 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 Wakefield: Wilmot, Brighton and Peel
The places around Wakefield at the 2021 census: median and average value, and how many own.
Questions about property prices in Wakefield
What is the average house price in Wakefield?
Homes sold for an average $163,000 in 2023; the median buyer paid 0.9 times their household income.
How many households in Wakefield are in core housing need?
In line with New Brunswick’s towns (4%): 2% in Wakefield, counting the households whose home falls short on cost, size or repair.
Is Wakefield expensive for New Brunswick?
Cheaper than the middle: New Brunswick’s towns come to $187,000, Wakefield to 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).