Oak Bay

Oak Bay, New Brunswick, Canada

Market snapshot

As of August 12, 2026, the median asking price in Oak Bay is $191,950, across 22 active MLS® listings.

Those listings have been on the market an average of 180 days.

1 new listing came to market in Oak Bay in the last 30 days.

Asking prices work out to about $248 per square foot, based on the 12 listings that report floor area.

Detached homes in Oak Bay are listed at an average of $557,970 across 10 active listings.

Vacant land in Oak Bay are listed at an average of $113,700 across 7 active listings.

Salt air, space, and stillness

About Oak Bay

Oak Bay, New Brunswick is the kind of coastal-rural place that doesn’t announce itself so much as it settles in—quiet roads, open yards, and glimpses of tide and spruce that remind you the Bay of Fundy sets the rhythm here. It’s a low-density landscape of homesteads, modest single-family houses, and scattered waterfront or near-water pockets where evenings can be measured in foghorns, gulls, and the last light over the bay.

The community reads as generational: long-time local households, people with deep ties to the area’s fisheries and cross-border trade history, and a steady presence of retirees who came for the calm and stayed for the view. Day-to-day errands and services tend to pull residents toward nearby St. Stephen for shopping and essentials, while St. Andrews adds a polished coastal day-trip feel—restaurants, galleries, and a dose of tourism energy when summer arrives.

Real estate in Oak Bay is defined less by subdivisions and more by individuality: older homes with additions, seasonal cottages, and the occasional updated waterfront property where value is closely tied to setting, shoreline access, and year-round road maintenance. Purpose-built rental stock is limited, and buyers often prioritize land, privacy, and the ability to work remotely or commute by car. With a walk score of 0, life here is vehicle-dependent—but for many, that’s part of the bargain: space to breathe, room for hobbies, and a shoreline that stays largely unhurried.

Market pulse

Oak Bay currently has 76 active for-sale listings with a median asking price of $292,000 and an average of $225 per square foot, giving buyers and investors a solid range of options to compare on value. Homes are taking an average of 145 days to sell, suggesting a more patient, negotiation-friendly environment, even as 14 new listings in the past 30 days add fresh inventory and keep selection moving.

Getting around

Walk Score 0 · Bike Score 16

Frequently asked questions about Oak Bay

What is the average home price in Oak Bay?

The median asking price in Oak Bay is $191,950, across 22 active MLS® listings as of August 12, 2026. The average asking price is $441,750. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Oak Bay?

There are 22 active MLS® listings in Oak Bay as of August 12, 2026. 1 of them came to market in the last 30 days.

How long do homes stay on the market in Oak Bay?

Homes currently listed in Oak Bay have been on the market an average of 180 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.

What types of homes are for sale in Oak Bay?

Of the 22 homes currently listed in Oak Bay, 45% detached houses, 32% vacant land, 5% multi-family homes, 5% duplexes.

Is Oak Bay walkable?

Oak Bay has a Walk Score of 0 out of 100, which Walk Score classifies as Car-Dependent — almost all errands require a car. Bike Score is 16.

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How these figures are calculated