Maximum Home Price
How much house can you afford in New Brunswick?
New Brunswick’s average home price is $329,850 as of January 2026, with a benchmark of $329,400 (+4.8% YoY). The market is balanced with 5.5 months of supply. NB is among Canada’s most affordable provinces — roughly 42% of Ontario’s average price.
New Brunswick affordability by city
| City | January 2026 Avg | Income Needed (20% DP) | vs Ontario Avg ($778K) |
|---|---|---|---|
| Fredericton | $319,275 | ~$80,000 | 59% cheaper |
| Provincial Average | $329,850 | ~$82,000 | 58% cheaper |
| Saint John | $338,294 | ~$85,000 | 57% cheaper |
| Moncton | $373,997 | ~$92,000 | 52% cheaper |
All three major NB cities are affordable on moderate household incomes. Remote workers moving from Ontario effectively double their purchasing power.
What your income buys in NB vs Canada
| Annual Income | Max Home (20% DP) | New Brunswick | Ontario | BC |
|---|---|---|---|---|
| $80,000 | ~$410,000 | Above average — all NB cities | Northern ON only | N/A |
| $100,000 | ~$515,000 | Premium home in any city | Entry-level only | Kootenay only |
| $120,000 | ~$620,000 | Top-tier property | Still below avg | N/A |
NB closing costs — simple 1% tax
| Home Price | NB Transfer Tax (1%) | Total Est. Closing Costs |
|---|---|---|
| $319,275 (Fredericton avg) | $3,193 | $6,400–$9,600 |
| $329,850 (NB avg) | $3,299 | $6,600–$9,900 |
| $373,997 (Moncton avg) | $3,740 | $7,500–$11,200 |
No first-time buyer exemption. The flat 1% is simple to budget — much lower than Ontario’s sliding scale that reaches $11,847 on the same $329K home.
New Brunswick market conditions — January 2026
| Metric | Value |
|---|---|
| Average home price | $329,850 |
| Benchmark price | $329,400 (+4.8% YoY) |
| Total sales | 455 (-3.0% YoY) |
| Months of supply | 5.5 |
| Market condition | Balanced |
See the New Brunswick housing market report for the latest.
Tips for New Brunswick homebuyers
- Remote work advantage — Ontario salaries + NB home prices = significant purchasing power
- Moncton is growing — Highest NB prices at $374K but still very affordable nationally
- No FTB tax exemption — Budget the full 1% transfer tax into your plan
- Compare rates carefully — Fewer local lenders, but mortgage brokers access national networks
- Check mortgage rates — Even small rate differences add up over 25 years
Related calculators
- New Brunswick Mortgage Rates — Compare current rates
- New Brunswick Housing Market — Latest prices and trends
- Nova Scotia Affordability — Compare with neighbouring NS
- Halifax Affordability — Compare with Halifax