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Newport Station, NS

Updated: Aug 2016
House
Median price $222,450
Monthly growth 50.86 %
Quarterly trend
Stock on market 0.06%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Newport Station Home Price

Newport Station was Canada’s 2499th most expensive suburb by listed median house price this month.

In Aug the median listed house price of $222,450 in Newport Station was an above average compared to the rest of Nova Scotia.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Newport Station has a pretty average amount compared to the rest of the province

When we look at the data we have, it can help with trying to establish whether or not Newport Station is a good investment target.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Newport Station, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 3, this month we show 4.

When we look at the data we have, it can help with trying to establish whether or not Newport Station is a good investment target.

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
3 bedrooms $212,400
Demographics
  • Land area (square km)1241.95
  • Population in 201114165
  • Population in 200613871
  • 2006 to 2011 population change (%)2.1
  • Total private dwellings6205
  • Private dwellings occupied by usual residents5730
  • Population density per square kilometre11.4