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Blues Mills, NS

Updated: Aug 2016
House
Median price $107,000
Monthly growth -15.04 %
Quarterly trend
Stock on market 0.15%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Blues Mills Home Price

When looking across the province, Blues Mills is the 738th most expensive in Nova Scotia.

The $107,000 price tag on the median Blues Mills home means that it is very cheap in comparison to the rest of the nation.

Nova Scotia has the fifth most amount of properties available to property investors, with Blues Mills having 417th most in the province, out of a total of 825.

Will prices rise across the next year in in Blues Mills? There are a number of real estate indicators to consider.

In Blues Mills, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Blues Mills will hopefully provide an indicator to help you where to research in-depth

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Demographics
  • Population in 20113357
  • Population in 20063668
  • 2006 to 2011 population change (%)-8.5
  • Total private dwellings1956
  • Private dwellings occupied by usual residents1398
  • Population density per square kilometre3.2
  • Land area (square km)1033.42