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Troy, NS

Updated: Aug 2016
House
Median price $264,000
Monthly growth
Quarterly trend
Stock on market 0.15%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Troy Home Price

When looking across the province, Troy is the 241th most expensive in Nova Scotia.

With Troy’s median house price at $264,000 in Aug , it is above average compared to the rest of Nova Scotia.

Across Nova Scotia Troy has the 417th most properties on offer with 825.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Troy there is more stock than three months ago. This would indicate pressure on prices easing.

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

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

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