Oak Bay, New Brunswick
As of September 27, 2026, the median asking price in Oak Bay is $699,000, across 9 active MLS® listings.
Those listings have been on the market an average of 192 days.
1 new listing came to market in Oak Bay in the last 30 days.
Asking prices work out to about $334 per square foot, based on the 7 listings that report floor area.
Detached homes in Oak Bay are listed at an average of $879,500 across 6 active listings.
Salt air, space, and stillness
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.
Oak Bay’s for-sale market is thin right now with 9 active listings, and the median asking price sits at $699,000 with an average of $334/sqft—suggesting a mix that likely spans higher-end waterfront or view properties alongside more modest homes across the rest of the city. With listings averaging 192 days on market and only 1 new listing in the past 30 days, pricing power may be uneven: well-positioned homes can hold firm, but overall conditions point to a slower-moving market where buyers and investors have time to negotiate and be selective.
AI-written commentary on the active MLS® listing snapshot as of September 27, 2026. Not financial advice.
Oak Bay covers about 60 km², so a single Walk Score®, Transit Score® or Bike Score® measured at one point would not describe it. How easily you can get around depends on which part of Oak Bay you are in — check the score for a specific address.
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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