Fredericton Real Estate Guide 2025

Everything you need to buy, sell, or invest in Fredericton NB real estate — prices, neighbourhoods, taxes, and financing.

Fredericton Home Prices 2025

Fredericton's real estate market remains one of the most affordable among Canadian provincial capitals. Average home prices in 2025 sit around $295,000, with detached homes in suburban areas like Hanwell and Lincoln running $310,000–$400,000, while smaller homes and condos in the downtown core can be found from $200,000–$260,000. The North Side offers some of the most affordable entry-level properties in the city.

Property Type	Average Price (2025)
Detached (all areas)	~$295,000
Suburban detached (Hanwell, Lincoln)	$310,000 – $400,000
Downtown condo/apartment	$200,000 – $260,000
Townhouse	$240,000 – $290,000
North Side entry-level	$185,000 – $240,000

Neighbourhoods Overview

Downtown/South Side: Historic homes, proximity to government offices and UNB. Mix of Victorian-era houses and newer condos. Walkable but parking can be challenging.

North Side: More affordable, suburban character. Good for families. Strong community ties and improving amenities.

Hanwell/Lincoln: Fastest-growing suburban communities west of Fredericton. Newer builds, larger lots. Popular with families who work in the capital but want more space.

Brookside/Skyline Acres: Established mid-city neighbourhoods. Good balance of price and convenience.

Buying Costs in Fredericton

Cost Item	Estimated Amount
Land Transfer Tax (on $295K)	~$3,175
Legal/Notary Fees	$1,500 – $2,000
Home Inspection	$400 – $600
CMHC Insurance (5% down)	~$11,163
Moving Costs	$1,000 – $3,000

New Brunswick Land Transfer Tax

NB charges land transfer tax (LTT) at 1% on the first $250,000 of purchase price, 1.5% on $250,001–$500,000, and 2% above $500,000. First-time buyers may qualify for a rebate of up to $3,000 on the provincial portion. On a $295,000 Fredericton home, LTT would be approximately $3,175 before any rebate.

Tips for Fredericton Buyers

• Get pre-approved before making offers — Fredericton's market has become more competitive
• Consider the First Home Savings Account (FHSA) — $8,000/year tax-free toward a first home
• Factor in NB HST (15%) on new construction
• Hire a licensed home inspector — older homes in Fredericton can have foundation or oil tank issues
• Check for decommissioned oil tanks — common in older NB properties and expensive to remediate