$399,900
973 River Road
Penniac, New Brunswick
3bed1bath1,385sqft
New Brunswick
Penniac Real Estate
Browse homes for sale in Penniac • Median $599,900
$599,900Median Price
30Avg Days on Market
4Detached
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Homes for Sale in Penniac
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About Penniac Real Estate
Penniac, a charming city located just a stone's throw away from Fredericton, offers a unique blend of rural tranquility and urban convenience. With a rich history dating back to its founding in the late 1800s, Penniac has evolved from a small farming community into a vibrant residential area. The city's character is defined by its picturesque landscapes, dotted with lush greenery and scenic views, making it an ideal retreat for those seeking a peaceful lifestyle without straying too far from city amenities. The community is known for its friendly atmosphere, where neighbors know each other and local events foster strong connections among residents.
One of the highlights of Penniac is its close-knit community feel. Families, retirees, and young professionals alike are drawn to the area’s spacious lots and beautiful homes, often featuring expansive gardens that allow for outdoor living. The city's unique charm is also accentuated by its local culture, which celebrates both its historical roots and modern developments. Penniac’s residents enjoy a slower pace of life, with plenty of opportunities for outdoor activities such as hiking and biking along the nearby trails and enjoying the natural beauty of the surrounding area.
For those considering a move, Penniac presents an appealing option for buyers looking for a suburban escape. The current median listing price of $634,900 reflects the city's growing popularity, while the limited number of active listings—currently just one—indicates a competitive market. Buyers can expect to find homes with ample space, making it perfect for families and anyone looking to enjoy a bit more room to breathe. With its proximity to Fredericton, Penniac also offers easy access to urban amenities while retaining its distinct small-town charm, making it a desirable location for a variety of buyers.
1 active listings with a median price of $634,900.
Lifestyle & Community
Living in Penniac offers a peaceful, community-focused lifestyle that appeals to individuals and families alike. The vibe here is friendly and welcoming, with a strong emphasis on outdoor living and community engagement. Residents often gather for local events, such as community picnics and seasonal festivals, which foster connections and celebrate the area’s culture. The lush landscapes and quiet streets invite leisurely walks and family outings, creating an environment where neighbors become friends and community spirit thrives. Penniac’s proximity to Fredericton provides easy access to additional cultural events, dining options, and shopping, enhancing the overall quality of life.
Local Amenities
- Parks and green spaces
- Local grocery store
- Community center
- Sports facilities
- Schools in nearby Fredericton
- Public transportation access
- Walking and biking trails
- Nearby restaurants and cafes
Points of Interest
- The Penniac Community Center
- Local Farmer's Market
- Scenic River Views
- Hiking trails in nearby parks
- Fredericton's downtown attractions (short drive away)
- Historic sites from the city's early settlements
Market Overview
The real estate market in Penniac is currently characterized by a limited number of active listings, with only one home available. The median listing price of $634,900 suggests a stable market with moderate appreciation potential. Buyers can expect to find a mix of traditional homes and newer builds, appealing to various tastes. While the market is competitive, the area's appeal lies in its community feel and proximity to Fredericton, making it an enticing option for those looking to invest in a suburban lifestyle.
Investment Outlook
Penniac presents solid investment opportunities, particularly for those interested in single-family homes. With its median listing price reflecting the growing interest in suburban living, potential investors can anticipate a steady appreciation in property value. The rental market is not highly developed, but the area's appeal to families and professionals seeking quieter living spaces indicates a demand for rental properties. As development trends continue to favor suburban areas, investing in Penniac could yield positive long-term returns.
Ideal For
Penniac is ideal for families looking for spacious homes in a friendly neighborhood, retirees seeking tranquility, and young professionals desiring a peaceful commute to Fredericton. First-time buyers will appreciate the community feel and affordability compared to urban centers, while investors may find opportunities in this growing market.
Living in Penniac
Lifestyle
Living in Penniac offers a peaceful, community-focused lifestyle that appeals to individuals and families alike. The vibe here is friendly and welcoming, with a strong emphasis on outdoor living and community engagement. Residents often gather for local events, such as community picnics and seasonal festivals, which foster connections and celebrate the area’s culture. The lush landscapes and quiet streets invite leisurely walks and family outings, creating an environment where neighbors become friends and community spirit thrives. Penniac’s proximity to Fredericton provides easy access to additional cultural events, dining options, and shopping, enhancing the overall quality of life.
Local Amenities
Parks and green spacesLocal grocery storeCommunity centerSports facilitiesSchools in nearby FrederictonPublic transportation accessWalking and biking trailsNearby restaurants and cafes
Market Insights
The real estate market in Penniac is currently characterized by a limited number of active listings, with only one home available. The median listing price of $634,900 suggests a stable market with moderate appreciation potential. Buyers can expect to find a mix of traditional homes and newer builds, appealing to various tastes. While the market is competitive, the area's appeal lies in its community feel and proximity to Fredericton, making it an enticing option for those looking to invest in a suburban lifestyle.
Investment Potential
Penniac presents solid investment opportunities, particularly for those interested in single-family homes. With its median listing price reflecting the growing interest in suburban living, potential investors can anticipate a steady appreciation in property value. The rental market is not highly developed, but the area's appeal to families and professionals seeking quieter living spaces indicates a demand for rental properties. As development trends continue to favor suburban areas, investing in Penniac could yield positive long-term returns.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$400K – $600K
3
$1.0M – $1.5M
1
Explore More in Penniac
Penniac Market ReportPrices, trends & analysisCost of Living in PenniacHousing, rent & expensesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in PenniacSchools & ratings nearbyTransit in PenniacStops & stations nearbyParks in PenniacParks & recreation nearby
Frequently Asked Questions About Penniac
How many homes are for sale in Penniac?
There are currently 3 active residential listings in Penniac. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.
What is the median home price in Penniac?
The median list price for homes in Penniac is $599,900. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.
What types of properties are available in Penniac?
Properties available in Penniac include Detached (4). You can filter by property type using the search options on this page.
How long do homes stay on the market in Penniac?
Homes in Penniac spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.
How often are listings updated for Penniac?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
Are there neighbourhood-level listings for Penniac?
Yes. You can browse homes in specific neighbourhoods within Penniac using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.