Market statistics for Gambo, NL — tracking sale prices, units sold, and market trends for this growing riverside community 47 km west of Gander. Updated monthly with verified data from the Newfoundland & Labrador Association of REALTORS®.
Source: NLAR MLS® System · Coverage: Gambo area (within Gander and Area sub-district), MLS® transactions only. Note: Gambo sales are part of the broader Gander and Area sub-district in the NLAR MLS® system. Statistics shown on this page are filtered to Gambo-specific listings where identifiable.
Gambo's average sale price has climbed from $118K in 2016 to $219K in 2025 — an 86% increase. As buyers priced out of Gander look to nearby communities with river access and affordable homes, Gambo is increasingly on the radar. At roughly 40% of Gander's average price, it remains one of the most affordable markets in central Newfoundland.
| Year | Avg Sale Price | Sales | Price Change |
|---|---|---|---|
| 2016 | $117,792 | 12 | — |
| 2017 | $92,643 | 7 | -21.4% |
| 2018 | $91,950 | 5 | -0.7% |
| 2019 | $118,864 | 11 | +29.3% |
| 2020 | $128,100 | 5 | +7.8% |
| 2021 | $157,305 | 21 | +22.8% |
| 2022 | $188,028 | 9 | +19.5% |
| 2023 | $132,942 | 18 | -29.3% |
| 2024 | $144,274 | 17 | +8.5% |
| 2025 | $218,838 | 16 | +51.7% |
| 2026 YTD | $127,000 | 1 | -42.0% |
Gambo's average sale price has climbed from $118K in 2016 to $219K in 2025 — an 86% increase. As buyers priced out of Gander look to nearby communities with river access and affordable homes, Gambo is increasingly on the radar. At roughly 40% of Gander's average price, it remains one of the most affordable markets in central Newfoundland.
Month-by-month comparison of average sale price and units sold — tracking how 2026 is performing relative to 2025.
Market statistics are only useful when they help you make a decision. Here's how the current Gambo data translates depending on where you stand.
Gambo offers quiet riverside living on the Trans-Canada, just 30 minutes from Gander. Average prices around $219K — roughly 40% of Gander's average — make it one of central Newfoundland's most affordable markets. River access, local schools, and a tight-knit community.
Explore GamboGambo's average price jumped 51.7% in 2025 — the strongest growth in the region. With only 16 sales per year, this is a small but active market where well-priced properties attract serious attention. Buyers priced out of Gander are looking your way.
Get a Free Market EvaluationAt $219K average with Gander's full services 30 minutes away, Gambo offers an affordable entry point in a market that's clearly trending upward. Joey Smallwood's hometown is finding new life as a bedroom community for Gander.
RLP InvestorsEdge™Turner Realty publishes comprehensive monthly market statistics because our agents use real data in every listing presentation and buyer consultation. We've been the #1 brokerage in Central NL by units sold for years.
Learn About Joining the TeamOur team produces a free written market evaluation using current MLS® sold data — not an algorithm estimate. We'll show you exactly where your home sits in this market.