Photo: Ycleymans · CC BY-SA 4.0Core housing need reaches 13% of Gambo’s households, where Newfoundland and Labrador’s towns sit at 6%
Census values for 2021: a median of $150,000 and an average of $162,800. There is no public record of sale prices in Newfoundland and Labrador, which leaves the census value as the guide for Gambo. On the 2024 assessment, the middle residential property is valued at $91,000.
Two ways to price a home in Gambo
Two sources, each set against Newfoundland and Labrador’s towns only: provinces measure value differently, so they don’t line up across borders. Self-assessed in May 2021, these values predate the rate rises that followed.
median, owners’ estimate
- Average
- $163K
- Owners
- 675
- Newfoundland and Labrador’s towns
- $215K
- The typical Canadian town
- $406K
all residential
- Properties
- 1,020
- Newfoundland and Labrador’s towns
- $173K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Single-detached houses are 92% of Gambo’s homes, against 80% for Newfoundland and Labrador’s towns
Gambo had 805 occupied homes at the 2021 census. At least half predate 1981.
Homes by period of construction the tick is the median of Newfoundland and Labrador’s towns
Homes by kind
| Gambo | Newfoundland and Labrador | Canada | |
|---|---|---|---|
| Condominiums | 1% | 2% | 8% |
| Needing major repairs | 8% | 5% | 6% |
| Too small for the household | 3% | 1% | 3% |
| Households in core housing need | 13% | 6% | 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.
Gambo is 30% below the $215,000 median of Newfoundland and Labrador’s towns
32 of Newfoundland and Labrador’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 Gambo: Centreville-Wareham-Trinity
The places around Gambo at the 2021 census: median and average value, and how many own. Gambo has few close neighbours with figures, so the list reaches 15–36 km out.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Gambo | $150K | $163K | 84% | |
| Glovertown | $180K | $197K | 85% | 15.3 |
| Gander | $260K | $283K | 63% | 35.8 |
| Centreville-Wareham-Trinity | $140K | $148K | 87% | 36.4 |
Census 2021 values; km.
Questions about property prices in Gambo
Is Gambo expensive for Newfoundland and Labrador?
Cheaper than the middle: Newfoundland and Labrador’s towns come to $215,000, Gambo to less.
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).