Last updated 1 October 2026 with September 2026 data — the most recent month published. October figures are released in early November and this page is updated within a few days of every release.
Most Fredericton market pages you will find are either eight months out of date or quote a number with no source attached. This one is rebuilt every month from the board’s own statistics package, every figure is sourced, and it says plainly what the numbers mean for you rather than just that the market is “strong”.
Is Fredericton a buyer’s or a seller’s market right now?
Balanced. In September 2026 Fredericton moved out of seller’s territory on both of the measures that define it.
CREA treats a sales-to-new-listings ratio between 40 and 60 as a balanced market and anything above 60 as a seller’s market. Fredericton’s was 49.7 in September, down from 68.1 a year earlier and the lowest September reading in the ten years of data in the board’s report. Months of inventory say the same thing: 4.7 months, up from 3.5, and the highest for any September since 2019.
It is one month, and the year-to-date figures are still on the seller’s side of the line (a 64.2 ratio and 3.5 months). What changed is supply: 320 new listings came on in September, the most for that month in the report’s ten-year history, while 159 homes sold. Prices have not moved to match yet. The benchmark was flat on the month and up 4.4% on the year.
One number to read carefully: the average sale price was up 13.5% and the median 16.4%. That is not prices jumping. It is August’s effect in reverse, and it is explained further down.
Fredericton at a glance — September 2026
| Measure | September 2026 | vs September 2025 | Year‑to‑date 2026 | vs 2025 |
|---|---|---|---|---|
| Sales | 159 | −9.1% | 1,796 | −3.9% |
| New listings | 320 | +24.5% | 2,796 | +6.2% |
| Active listings | 747 | +20.3% | 690 avg | +18.1% |
| Months of inventory | 4.7 | was 3.5 | 3.5 | was 2.8 |
| Sales‑to‑new‑listings | 49.7 | was 68.1 | 64.2 | was 71.0 |
| Average price | $384,586 | +13.5% | $380,147 | +1.8% |
| Median price | $372,500 | +16.4% | $375,000 | +3.7% |
| Sale‑to‑list ratio | 98.4% | was 99.0% | 98.8% | was 100.2% |
| Median days on market | 28 | was 27 | 24 | was 22 |
| Dollar volume | $61.1M | +3.1% | $682.7M | −2.1% |
Source: Fredericton and Region MLS® Residential Market Activity, September 2026. Year‑to‑date active listings is the monthly average.
What changed in the Fredericton market this month?
Supply jumped, sales slipped, and prices sat still.
1. Listings surged. 320 new listings came on in September, up 24.5% on last year and the most for any September in the board’s ten-year series. Active listings reached 747, up 20.3%.
2. Sales fell back. 159 homes sold, 9.1% fewer than last September and tied with 2017 for the quietest September in the series. August’s flat result did not turn into a recovery.
3. The balance tipped. With far more coming on than selling, months of inventory went from 3.4 in August to 4.7, and the sales-to-new-listings ratio fell from 81.0 to 49.7, inside CREA’s balanced range.
4. Prices held. The MLS® HPI benchmark was $364,400, up 0.1% on August and 4.4% on the year. Sale-to-list slipped to 98.4% against 99.0% a year ago, and median days on market was 28 against 27. Fourteen of the 33 sub-areas edged down on the month; none is down on the year.
5. The average jumped, and that is not the story. The average sale price was $384,586, up 13.5% on last September, and the median $372,500, up 16.4%.
That last one will be quoted at you. Last month the average was down 6.5% and I said not to read it as prices falling. This month it is up 13.5%, and it is not prices rising either. With only 159 sales, a handful at the upper end move the average a long way. The benchmark, which holds the type of home constant, went from +5.8% to +4.4% across the same two months. If you are selling, the benchmark for your area is the number that applies to your house. The average is a statistic about the month.
What is the benchmark price in each Fredericton area?
Working backwards from a budget rather than an area? The Fredericton neighbourhood finder sorts these same 33 sub‑areas into price bands.
This is the table nobody else in this market publishes, and it is the reason most “what is Fredericton worth” answers are useless. There is no single Fredericton price. The spread across the board region is 3.2× — from $171,000 to $551,300 — and several of these areas are inside the same commute.
These are MLS® Home Price Index benchmark prices: the modelled price of a typical home in that area, which strips out the distortion you get when three expensive houses happen to sell in a quiet month. Sorted most to least expensive.
| Sub‑area | Area | Benchmark | 1 yr | 3 yr | 5 yr |
|---|---|---|---|---|---|
| D1 — Hanwell Area | Fredericton South | $551,300 | +3.6% | +21.4% | +47.1% |
| H4 — Killarney | Fredericton North | $534,500 | +0.6% | +17.9% | +38.1% |
| A3 — Woodstock Road / Hanwell Road West | Fredericton South | $529,200 | +4.8% | +18.4% | +38.5% |
| F3 — Rusagonis | Fredericton South | $504,100 | +0.3% | +17.0% | +38.8% |
| H2 — Richibucto Road / Noonan | Fredericton North | $498,300 | +2.4% | +19.9% | +42.9% |
| B2 — Lincoln Road Area | Fredericton South | $475,400 | +2.8% | +20.2% | +43.1% |
| G2 — Douglas | Fredericton North | $471,800 | +2.5% | +18.3% | +43.8% |
| E3 — Kingsclear / Long’s Creek | Fredericton South | $470,100 | +4.0% | +21.9% | +46.3% |
| C2 — Burton | Oromocto & Area | $455,600 | +2.6% | +20.5% | +44.4% |
| F1 — New Maryland | Fredericton South | $449,300 | +5.9% | +23.5% | +47.5% |
| F2 — Nasonworth / Charters Settlement | Fredericton South | $451,300 | +6.7% | +22.2% | +43.5% |
| C1 — Oromocto | Oromocto & Area | $434,000 | +3.3% | +18.6% | +42.2% |
| A2 — Downtown | Fredericton South | $439,800 | +6.9% | +19.5% | +50.1% |
| D2 — Mazerolle Settlement | Fredericton South | $415,500 | +3.4% | +23.3% | +42.9% |
| G1 — Nashwaaksis | Fredericton North | $417,100 | +5.3% | +23.1% | +45.8% |
| G4 — Keswick / Mactaquac / Bear Island | Fredericton North | $414,000 | +4.8% | +20.5% | +43.6% |
| B1 — Skyline Acres / Southwood Park | Fredericton South | $413,000 | +3.9% | +21.8% | +49.3% |
| A1 — Hill Area | Fredericton South | $388,700 | +5.0% | +20.6% | +52.0% |
| H5 — Penniac / Nashwaak | Fredericton North | $369,900 | +3.2% | +27.9% | +54.4% |
| Fredericton and Region (all areas) | — | $364,400 | +4.4% | +27.1% | +48.6% |
| H1 — Marysville / Devon | Fredericton North | $311,600 | +2.2% | +24.1% | +54.5% |
| G3 — Burtts Corner / Kingsley | Fredericton North | $297,800 | +4.1% | +34.4% | +64.0% |
| FR3 — Jemseg / Cambridge Narrows | Outside Fredericton | $295,600 | +1.1% | +29.5% | +57.7% |
| C3 — Geary | Oromocto & Area | $290,400 | +0.7% | +25.2% | +51.3% |
| E1 — Silverwood | Fredericton South | $284,500 | +6.0% | +32.7% | +57.2% |
| FR5 — Stanley | Outside Fredericton | $284,500 | +2.4% | +26.7% | +62.5% |
| H3 — Maugerville / Sheffield | Fredericton North | $269,200 | +3.5% | +30.2% | +57.8% |
| C4 — Gagetown | Oromocto & Area | $262,700 | +3.4% | +33.0% | +67.9% |
| FR2 — Fredericton Junction / Hoyt | Outside Fredericton | $253,900 | +3.0% | +34.4% | +65.3% |
| FR8 — Woodstock & Area | Outside Fredericton | $246,500 | +0.5% | +30.8% | +61.7% |
| FR7 — Nackawic & Area | Outside Fredericton | $244,000 | +2.5% | +38.7% | +78.9% |
| FR1 — Harvey / McAdam | Outside Fredericton | $241,100 | +2.1% | +41.5% | +91.5% |
| FR4 — Grand Lake / Chipman / Minto | Outside Fredericton | $202,700 | +3.4% | +46.8% | +101.1% |
| FR6 — Boiestown / Doaktown / Blackville | Outside Fredericton | $171,000 | +3.5% | +41.3% | +85.7% |
The four areas, rolled up
| Area | Benchmark | 1 yr | 3 yr | 5 yr |
|---|---|---|---|---|
| Fredericton North | $387,700 | +5.1% | +25.6% | +49.4% |
| Fredericton South | $458,800 | +5.2% | +21.9% | +47.1% |
| Oromocto & Area | $404,100 | +1.8% | +20.0% | +44.6% |
| Outside Fredericton | $234,400 | +1.6% | +34.8% | +71.1% |
What the spread actually tells you
Nineteen of the 33 sub-areas benchmark above the regional figure and fourteen below it. If you are budgeting off the $364,400 regional number you are budgeting off a line that runs through the middle of a very wide distribution.
The cheapest areas appreciated the most. Grand Lake / Chipman / Minto is up 101.1% over five years and Harvey / McAdam 91.5%, against the region’s 48.6%. That is the pandemic-era rural bid still showing in the data. Be careful with those percentages. A 101.1% gain on a $101,000 base is about $102,000; a 47.1% gain in Hanwell is about $177,000. The big percentage is not the big dollar figure, and past appreciation is not a forecast.
Four areas have effectively stalled this year — Rusagonis (+0.3%), Woodstock & Area (+0.5%), Killarney (+0.6%) and Geary (+0.7%), against a regional +4.4%. None is negative. At the other end, Downtown (+6.9%), Nasonworth / Charters Settlement (+6.7%) and Silverwood (+6.0%) led. That is a turnaround for Downtown, which slipped below Oromocto on price in August and is back above it now.
If you want the lived detail behind the numbers rather than just the price, the individual guides go deeper: Downtown, College Hill, Hanwell, New Maryland, Oromocto and Lincoln. The full picture is on Fredericton neighbourhoods.
Average, median, benchmark — which number should you trust?
Three different prices appear on this page and they are not interchangeable. Most market pages quote one without saying which, which is how you end up comparing figures that were never comparable.
| Measure | September 2026 | What it is | When it misleads |
|---|---|---|---|
| Average price | $384,586 | Total dollar volume divided by number of sales | Every month. A handful of high-end sales drags it up; a quiet month at the top drags it down. Says as much about what sold as what things are worth. |
| Median price | $372,500 | The middle sale — half sold for more, half for less | Less volatile than the average, but still moves with the mix of what happened to sell. |
| HPI benchmark | $364,400 | The modelled price of a typical home with constant features | Rarely. It is the closest thing to a like-for-like measure, which is why it is the number I use. |
Use the benchmark to judge the market. Use none of them to price your house. All three describe an entire region; your home is one property on one street with one set of finishes. That is what a home evaluation is for.
What the benchmark home in Fredericton actually looks like
The benchmark is not an abstraction — CREA publishes the features of the home it models. For the Fredericton region in September 2026 that is a 3‑bedroom, 2‑full‑bathroom house of about 1,553 square feet above grade, built in 1987, with seven rooms, a poured concrete basement, an attached single-width garage, siding, and baseboard electric heat.
If your home is meaningfully different from that — and most are — the benchmark is a market indicator for you, not a valuation.
How does the Fredericton condo market compare to houses?
The two segments have separated, and it is worth knowing which one you are in.
A note on the word. The board’s category is called “Apartment”, and it means condominium apartments — units people own. In Fredericton, “apartment” in everyday speech almost always means a rental, so the two get confused constantly. Everything in that row below is owned, not rented. I have kept the board’s label on the data itself so the figures match the source you can go and check.
| Benchmark type | September 2026 | 1 yr | 5 yr |
|---|---|---|---|
| Composite (everything) | $364,400 | +4.4% | +48.6% |
| Single family | $367,300 | +4.6% | +48.5% |
| One storey | $364,300 | +4.7% | +45.3% |
| Two storey | $373,000 | +4.5% | +54.2% |
| Apartment | $293,500 | −1.9% | +50.2% |
Apartment values have slipped — down 1.9% over the year while single-family homes rose 4.6%. Over five years the apartment benchmark actually outperformed, so this is a recent divergence rather than a long-running weakness.
An honest caveat on the apartment numbers, because most sites would not give you one. There were five apartment sales in the whole region in September, and twelve new listings. At that volume the monthly sales statistics are noise, not signal — I have quoted the benchmark, which is modelled and far more stable, and I would not draw conclusions from a single month’s apartment activity. If you are buying or selling a condo here, the sample is thin enough that comparables matter more than trends.
How does Fredericton compare to the rest of New Brunswick?
Provincially, the figures here are for July 2026, which saw 970 sales across New Brunswick, down 8.7%, with 4,124 active listings — the highest for that month in over five years and the most inventory since fall 2019. Provincial months of inventory reached 4.3, up from 3.7.
In that same month Fredericton, at 3.1 months, was tighter than the province at 4.3, even though Fredericton’s sales fell furthest. Less stock relative to demand here, but a sharper drop in activity.
The wider contrast is the interesting one. New Brunswick’s benchmark is up 6.7% year over year while the national benchmark is down 3.3%. That is roughly a ten-point spread in this province’s favour, and it is the single clearest reason Fredericton keeps appearing on relocation shortlists. Moving to Fredericton covers the other side of that trade honestly — wages, healthcare access and what the numbers do not tell you.
What are interest rates doing, and how do they affect buying here?
On 2 September 2026 the Bank of Canada held its target for the overnight rate at 2.25% — a seventh consecutive hold, at the level set by the cut of 29 October 2025. The Bank Rate is 2.5% and the deposit rate 2.20%. The next scheduled announcement is 28 October 2026, followed by 9 December 2026.
Two things worth saying about rates rather than predicting them. Your qualifying rate is not the rate you are offered — under the stress test you must qualify at the greater of your contract rate plus two percentage points or 5.25%. And the policy rate moves variable rates directly; fixed rates follow bond yields, which can move in the opposite direction on the same day. Talk to a broker about your own file before drawing conclusions from a headline. First-time home buyers sets out how the stress test and the insured mortgage rules actually work.
What does this market mean if you are selling?
Price it to today, not to last spring. Sale-to-list has drifted from 99.0% to 98.4% over the year, and with 4.7 months of inventory buyers have choice and time. A home priced on comparables from six months ago will sit, and a listing that sits gets treated as a problem regardless of whether it is one.
Presentation is doing more work than it was. With 747 active listings, 20% more than a year ago, the difference between a home that shows well and one that does not is measured in weeks. Median days on market is 28 across the region; in practice the gap between the well-prepared and the rest is far wider than that midpoint suggests.
The selling guide covers costs, commission and the process. If you want to know where your own home sits against these numbers, that is a home evaluation.
Setting the list price is the one decision in a slower market you cannot take back cheaply. How to price a home in Fredericton goes through why the first two weeks decide the outcome, how price bands cut your buyer pool, and when a reduction is worth making.
What does this market mean if you are buying?
You have leverage you did not have a year ago — more choice, more time, and a market where offers below asking are being accepted. That is a real change and it has happened quietly.
It is not a buyer’s market either. September moved Fredericton into balanced territory, not past it, and well-priced homes in the areas people want still move. The leverage is real but it is not unlimited, and treating a normalising market like a collapsing one is how people lose the house they wanted over $5,000.
Pay attention to which sub-area you are shopping in. The table above should be the first thing you look at, because a $450,000 budget is a comfortable one in some of these areas and marginal in others. Buying a home in Fredericton covers deposits, conditions, closing costs and the property tax trap that catches most buyers here.
Common questions about the Fredericton market
Is Fredericton a buyer’s or a seller’s market right now?
Balanced, as of September 2026. The sales-to-new-listings ratio was 49.7, inside the 40 to 60 range CREA treats as balanced, and months of inventory reached 4.7, up from 3.5 a year earlier. Year to date the market is still on the seller’s side, with a ratio of 64.2, so this is a turn rather than an established trend. Those thresholds are national conventions, not Fredericton-specific ones.
Are house prices in Fredericton going down?
No. The MLS® HPI benchmark is up 4.4% year over year and was flat on the month. Inventory is rising and sales are slowing, which historically comes before slower price growth, but the benchmark has not turned. The average and median sale prices were up 13.5% and 16.4% against last September — a difference in what sold, not a jump in what homes are worth.
What is the average house price in Fredericton?
$384,586 in September 2026, up 13.5% year over year — while the HPI benchmark, which controls for what actually sold, was up 4.4%. The median was $372,500 and the HPI benchmark $364,400. The benchmark is the better number for judging the market because it holds the type of home constant.
How long does it take to sell a house in Fredericton?
The median was 28 days in September 2026, against 27 days a year earlier. Year-to-date the median is 24 days. That is the midpoint — condition, price and area move individual homes a long way either side of it.
Which Fredericton area is the most expensive?
Hanwell Area, at a benchmark of $551,300, followed by Killarney at $534,500 and Woodstock Road / Hanwell Road West at $529,200. The least expensive is Boiestown / Doaktown / Blackville at $171,000.
Are homes still selling over asking in Fredericton?
On average, no. The sale-to-list ratio was 98.4% in September 2026, meaning the typical home sold about 1.6% under list. A year earlier it was 99.0%, and in July 2025 it was 100.5%. Individual homes in sought-after areas still go over asking; the market as a whole no longer does.
When is the best time to list in Fredericton?
Activity peaks in late spring and early summer, which is also when you face the most competing listings. There is no single right answer — it depends on your property type, your area and your timeline. More answers on the Fredericton real estate FAQ.
Sources and method
Every figure on this page comes from one of three places, and I have named which throughout:
- Fredericton and Region Residential Market Activity and MLS® Home Price Index Report, September 2026 — prepared for New Brunswick REALTORS® by the Canadian Real Estate Association, received 1 October 2026. This is the source for every Fredericton sales, listing, inventory, price and days-on-market figure, and for all 33 sub-area benchmarks. It is public.
- CREA national and New Brunswick statistics, for July 2026 data — the provincial and national comparisons, and the market-balance thresholds.
- Bank of Canada — the policy rate and the announcement schedule.
CREA notes that all information is based on the full set of data collected on the first calendar day of the month and cannot be directly compared to previous reports, because data is revised. Areas with too few sales to model reliably are not included in the HPI, which is why some communities in the region do not appear in the table.
Next update: within a few days of the October 2026 release, expected early November 2026.
Where to go from here
- What is my home worth? — a proper evaluation against your street, not the regional average.
- Fredericton neighbourhoods — the areas behind the numbers.
- Buying a home in Fredericton — costs, conditions and closing.
- Selling a home in Fredericton — process, commission and preparation.
- Moving to Fredericton — the honest version, including the parts that put people off.
- Ask me about your own situation — I answer my own phone.
I am Rob Hamel, a REALTOR® with EXIT Realty Advantage in Fredericton. I rebuild this page every month from the board’s statistics package rather than leaving last winter’s numbers up. If a figure here looks wrong to you, tell me and I will check it.
