The average residential sale price in the Fredericton housing market has increased by 8.6 per cent year-over-year across all property types in 2025, from $343,866 to $373,430. The number of sales transactions increased by 3.4 per cent for the same time period (from 1,969 to 2,035). The total number of listings increased by 3.2 per cent (from 2,736 in 2024 to 2,824 in 2025). Average residential sale prices will increase by two per cent going into 2026, compared to 2025. Sales are anticipated to fall by seven per cent going into 2026, compared to 2025.
Trends in the Fredericton Housing Market
Looking ahead to 2026, Fredericton will transition from balanced to buyers' market as new construction increases with discontented products to stay affordable.
The top three neighbourhoods anticipated to be the most desirable in the region in 2026 are Skyline Acres, Killarney Road, and Brookside West.
- Skyline Acres is close to universities offering easy access and local amenities.
- Killarney Road has many large, desirable lots offering a combination of rural and urban living.
- Brookside West has many new construction projects and it's proximity to a golf course means lots of natural landscape for neighbouring properties.
Single – detached homes are expected to see the strongest demand and sales activity in the region in 2026.
- Buying/Selling Trends for homebuyers and sellers looking ahead to 2026:
- First-time Homebuyers are buying lease land housing wherein they own the home, but not the land. In these cases, it can be incredibly affordable as low as $100,000.
- Move Up/Over Homebuyers are buying properties they can share with their parents/family members for multigenerational living with pricing falling close to $500,000.
- Retirees are buying condominiums, townhomes, or mini homes looking to downsize.
Rental market is on an upward trajectory with investors looking for rental units, however with rental prices remaining expensive for some buyers they may be able to purchase property and live more affordably. With economic uncertainty remaining top of mind for many, buyers remain sidelined lacking confidence in the market. Luxury properties are a harder sell for many.
