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Whycocomagh, NS

Updated: Aug 2016
House
Median price $119,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.11%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Whycocomagh Home Price

Across the country as a whole, Whycocomagh is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

Whycocomagh, Nova Scotia has a median house price of $119,000 when compiling all the home listings in Aug .

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

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.

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.

When we look at the data we have, it can help with trying to establish whether or not Whycocomagh 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)
4 bedrooms $219,500
Demographics
  • Population in 20115144
  • Population in 20065369
  • 2006 to 2011 population change (%)-4.2
  • Total private dwellings2683
  • Private dwellings occupied by usual residents2076
  • Population density per square kilometre6.8
  • Land area (square km)751.88