Fredericton Neighbourhoods

Most Fredericton neighbourhood guides will tell you which areas feel family-friendly, which are walkable, and which are quiet. That is useful, and some of them do it well. Almost none of them will tell you what a house actually costs in each one. This page does. The current benchmark price for all 33 sub-areas in the Fredericton board region, with one, three and five-year changes, is on the Fredericton real estate market page, rebuilt every month from the board’s own statistics package. This page is the directory: a guide to each area I get asked about most, and the traps in the area names themselves. If the question you are actually asking is which area suits me — as a family, a first-time buyer, someone downsizing, or someone who has to make a commute work — that is answered in full on the Fredericton neighbourhood finder.

Area guides

Detailed pages for the areas I get asked about most. Each one carries its own benchmark price, the servicing situation, flood exposure where it applies, the tax rate, and what I check on a walkthrough there.

Oromocto — $433,400. CFB Gagetown postings, the base water supply, and why it is not the cheap option.
Hanwell — $551,400. The most expensive area on this list, entirely on wells and septic, with one of the lowest tax rates.
New Maryland — $448,200. Fully serviced village, 94% owner-occupied, and an open question about municipal water.
Downtown Fredericton — $431,300. Fastest growth of any area this year, heritage rules, and the flood elevations spelled out.
College Hill — $388,600. UNB, St. Thomas and the regional hospital on the doorstep, and the highest five-year gain inside the city.
Skyline Acres and Southwood Park — $413,900. Built by Fredericton Housing Ltd. in the 1960s, two City wards under one benchmark, and the basement ceiling that decides everything.
Silverwood — $284,800. The cheapest address inside the city, the hillside water that explains the discount, and where city services stop.
Nashwaaksis — $420,100. The busiest market on the north side, why its published average understates it, and what the two bridges cost you.
Marysville and Devon — $313,600. Alexander Gibson’s two company towns, the cheapest established address in the city, and the strongest five-year gain of any established address inside the city.
Lincoln — $473,800. Three different places share the name, in two municipalities, with very different tax rates.
Killarney Road — $531,900. The second most expensive area in the region, nine minutes from Queen Street, and only half of it joined the city in 2023.
Richibucto Road and Noonan — $496,100. Fifth most expensive in the region, and no municipal council at all.
Douglas — $470,000. Split four ways in the 2023 reform, and the four pieces are taxed differently.
Keswick, Mactaquac and Burtts Corner — $416,400 and $299,600. One municipality, one tax rate, $118,400 apart, and the dam question settled.
Penniac and the Nashwaak Valley — $377,000. Ahead of its own area and the region on one, three and five years.
Maugerville and Sheffield — $268,700. The cheapest side of Fredericton, the flood record in full, and the buyout rule nobody explains.

More areas will follow. If the one you are looking at is not here yet, just ask.

Which Fredericton neighbourhood is right for you?

Two ways in. If you are starting from a number, the Fredericton neighbourhood finder sorts all 33 sub-areas into budget bands with the current MLS® benchmark beside each one. If you are starting from your situation instead, the same page works through which areas suit young families, first-time buyers and downsizers, which commutes genuinely wear on people, and — the list nobody else publishes — who should not buy in each area. No form, nothing to fill in. Buying near CFB Gagetown? Oromocto benchmarks at $433,400, Burton at $455,100, Geary at $286,800 and Gagetown at $262,000 — a wide range for areas all within a short drive of the Base, and more room to manoeuvre on a posting than most people realise. The CFB Gagetown relocation guide works through it properly.

Why do these area names not match what locals call them?

These are the real estate board’s sub-areas, not the names Frederictonians use over coffee, and the two do not line up perfectly. Skyline Acres and Southwood Park are reported together as one area, so they cannot be separated here. Some of those names do map across: Nashwaaksis is its own sub-area (G1), and Marysville and Devon are reported together as one (H1). Barker’s Point is not broken out separately, so there is no benchmark to quote for it and I have not invented one. And some entries, like Grand Lake and Harvey, are well outside the city and are grouped into the region for reporting purposes. I would rather show you exactly what the data covers than quietly stretch it to fit the map in your head. If the area you care about is not broken out above, that is worth a conversation rather than a guess — I can look at recent comparable sales on specific streets, which is a better answer for one house than any index.

What does a benchmark price not tell you?

A benchmark price will not tell you which streets flood in a spring freshet, which blocks get the afternoon sun, where the ground sends the water in a spring melt, how long the bridge takes at 8am in February, or which 1970s subdivision has aluminum wiring behind the walls. I spent decades in construction before I sold real estate, and that is the part I am most useful for. The number tells you what a typical house in an area is worth. Walking the property tells you whether this house is worth it.

A client on picking the right area

This one is long, and I am publishing it in full because it is the clearest account anyone has given of what this page is for.

We recently moved to NB from another province and interviewed 4 realtors before settling with Rob. Working with Rob was one of the best experiences of professionalism I’ve encountered. 3 things stood out for us: 1. Coming from a builders’ background, he actually went and look at the structural components of a house from a place of knowledge. Having this level of expertise really assured us in weeding out the overpriced fixer-upper’s from the well built candidates. You just won’t get this with other realtors who have no interest in looking at deck foundations or ducts. His YouTube channel gives Mike Holmes a run for his money. 2. He really knows his numbers and what fair and over/undervalued valuations look like per house in this tempestuous market. Other realtors insisted we’d have to pay a lot more and need to go to a certain area, but he shot from the hip with giving us excellent advice on fair valuations and areas to look in or avoid. His market assessments were extremely accurate compared to closing prices. 3. One is ultimately in society and working with people and we found him to be affable, courteous and an excellent listener. It’s not a word I use lightly but we trust him and will work with him again in a heartbeat. Absolute salt of the earth. Rob is a gentleman and I hope this review serves to get him more attention because he simply is the best there is out there.

Dean Flanagan — Google review, March 2022

More client reviews, reproduced word for word.

Ask me about a specific neighbourhood

If you have narrowed it down to two or three areas and want to know what your money actually buys in each, call or text me at (506) 261-7373. I answer my own phone. I will pull the recent comparable sales for the specific streets you are looking at, at no cost and no obligation. If you are selling, the benchmark for your area is the starting point rather than the answer — see what your home is worth and how I handle listings. If you are buying, start with buying a home in Fredericton, which covers the costs and the property tax trap most buyers miss. If you are moving here from another province, read moving to Fredericton first — cost of living, wages, healthcare access and schools, with the parts most relocation guides leave out. More answers on the Fredericton real estate FAQ. Last updated 29 August 2026. Figures: MLS® Home Price Index composite benchmark, New Brunswick Real Estate Association boards, August 2026. Refreshed quarterly. Rob Hamel, REALTOR® — Hamel Realty Group, EXIT Realty Advantage, 461 St Marys St, Fredericton, NB E3A 8H4. Licence 190089799. Call or text (506) 261-7373.