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Scotsburn, NS

Updated: Aug 2016
House
Median price $119,900
Monthly growth 9.29 %
Quarterly trend
Stock on market 0.08%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Scotsburn Home Price

The median asking price in Scotsburn is $119,900, quite a drop from the median three months ago which was $179,000 .

While the median for Nova Scotia is $232,500 , which means that Scotsburn’s median price is $119,900 a lot lower than the rest of the province.

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

It’s never an exact art, but to try to forecast how property is going to appreciate in Scotsburn for investors, it’s important to look at data like:

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

It’s never an exact art, but to try to forecast how property is going to appreciate in Scotsburn for investors, it’s important to look at data like:

Beds Median price (House) Median price (Apartment)
2 bedrooms $71,500
3 bedrooms $210,000
4 bedrooms $111,000
Demographics
  • Population in 20116397
  • Population in 20066412
  • 2006 to 2011 population change (%)-0.2
  • Total private dwellings3824
  • Private dwellings occupied by usual residents2729
  • Population density per square kilometre8.3
  • Land area (square km)771.02