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McPhersons Mills, NS

Updated: Jan 2015
House
Median price $130,700
Monthly growth
Quarterly trend
Stock on market 0.04%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

McPhersons Mills Home Price

With a median listing price of $130,700, McPhersons Mills is Canada’s 3770th most expensive when ordered by median listing price.

With McPhersons Mills’s median house price at $130,700 in Jan , it is below average compared to the rest of Nova Scotia.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

Across Nova Scotia McPhersons Mills has the 445th most properties on offer with 647.

As one of Nova Scotia’s many potential real estate investment neighbourhoods, McPhersons Mills needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in McPhersons Mills there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

As one of Nova Scotia’s many potential real estate investment neighbourhoods, McPhersons Mills needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Over the last three months in McPhersons Mills, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
2 bedrooms $130,700
Demographics
  • Population in 20118867
  • Population in 20069038
  • 2006 to 2011 population change (%)-1.9
  • Total private dwellings4573
  • Private dwellings occupied by usual residents3709
  • Population density per square kilometre7.1
  • Land area (square km)1254.94