New Brunswick’s housing market remained balanced in January 2026, with the average home price at $329,850 and the benchmark price at $329,400 — up 4.8% year-over-year. Sales declined 3.0% from a year ago to 455 transactions, a modest pullback compared to the sharper drops seen in other provinces. At 5.5 months of supply, New Brunswick sits squarely in balanced territory.
Key statistics (January 2026)
| Metric | Value | Month-over-Month | Year-over-Year |
|---|---|---|---|
| Average Home Price | $329,850 | +0.8% | N/A |
| Benchmark Price | $329,400 | -1.4% | +4.8% |
| Total Sales | 455 | -18.6% | -3.0% |
| Months of Supply | 5.5 | N/A | N/A |
| Market Condition | Balanced | N/A | N/A |
Average home prices by city
| City | Average Price |
|---|---|
| Moncton | $373,997 |
| Saint John | $338,294 |
| Fredericton | $319,275 |
Market conditions
New Brunswick is in a balanced market as of January 2026, with 5.5 months of supply falling right in the middle of the 4–6 month balanced range. This means neither buyers nor sellers have a clear advantage, and negotiations tend to be relatively even.
The benchmark price of $329,400 is up 4.8% year-over-year, indicating solid underlying price appreciation despite the 1.4% monthly dip typical of January seasonality. Sales of 455 were down 3.0% from January 2025, a relatively mild decline considering the larger drops seen nationally.
Regional analysis
Moncton leads New Brunswick’s three major cities with an average of $373,997, reflecting its continued growth as an economic hub driven by bilingual workforce advantages, a growing technology sector, and interprovincial migration from Ontario. The city has seen steady demand from both local buyers and newcomers seeking affordable alternatives to larger Canadian cities.
Saint John averaged $338,294, benefiting from its port economy and industrial base. The city offers solid value particularly for buyers seeking waterfront properties and older heritage homes at prices that are a fraction of what similar properties would cost in Halifax or other Atlantic cities.
Fredericton is the most affordable of the three major centres at $319,275. As the provincial capital, it offers stable government and university employment. Housing demand is steady but less intense than in Moncton, keeping prices more accessible for first-time buyers.
Key trends
- Benchmark positive at +4.8% — New Brunswick’s benchmark price continues to appreciate at a healthy pace, outperforming several larger provinces including Ontario and BC.
- Balanced market stability — At 5.5 months of supply, the market has avoided the swings seen in other provinces, maintaining fair conditions for both buyers and sellers.
- Relative affordability drawing migration — New Brunswick continues to attract interprovincial migrants, particularly from Ontario, drawn by home prices roughly 55–60% below the national average.
- Moncton as growth hub — Moncton’s economic diversification and bilingual advantage continue to support the strongest prices in the province.
- Seasonal softness, not structural weakness — The 18.6% month-over-month sales decline is consistent with January patterns and does not indicate a market downturn.
Housing affordability
New Brunswick remains one of the most affordable provinces in Canada, with an average home price of $329,850. To purchase a home at the average price with a 20% down payment, a household would need an estimated annual income of approximately $82,000.
Among the three major cities, Fredericton is the most accessible at $319,275 (requiring roughly $80,000 income), while Moncton at $373,997 requires approximately $92,000. These figures are well within reach for many New Brunswick households.
Use our mortgage affordability calculator to determine how much home you can afford, or our income to afford home calculator to estimate the salary needed at New Brunswick price levels.
Useful calculators
- Mortgage Calculator
- Mortgage Affordability Calculator
- Income to Afford Home Calculator
- Land Transfer Tax Calculator
- Closing Costs Calculator
- Mortgage Rates
- First-Time Home Buyer Guide
Related housing reports
- Halifax Housing Market — Neighbouring Atlantic market
- Nova Scotia Housing Market — Provincial report for Nova Scotia
- Prince Edward Island Housing Market — PEI market data
- Canada Housing Market Overview — National trends and provincial comparisons
Data Sources
The housing market data in this report is sourced from: