Real Estate Market Report for
New Edinburgh, NS

Updated : Aug 2016
House
  • Median price $165,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.11%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
New Edinburgh Home Price

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When looking across the province, New Edinburgh is the 546th most expensive in Nova Scotia.

Want a cheaply priced house? Then at $165,000 this month, New Edinburgh, Nova Scotia is somewhere that you should look at price wise.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then New Edinburgh has more than the average number to choose from compared to the rest of the province

As one of Nova Scotia’s many potential real estate investment neighbourhoods, New Edinburgh 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.

In New Edinburgh, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

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

If you are looking at investment properties in New Edinburgh, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
2 bedrooms $103,000
Demographics
  • Population in 20118319
  • Population in 20068813
  • 2006 to 2011 population change (%)-5.6
  • Total private dwellings4478
  • Private dwellings occupied by usual residents3641
  • Population density per square kilometre9.8
  • Land area (square km)852.82
  • Age Characteristics
    Total population by age groups 8320
    0 to 4 years 275
    5 to 9 years 320
    10 to 14 years 415
    15 to 19 years 435
    15 years 75
    16 years 75
    17 years 85
    18 years 105
    19 years 85
    20 to 24 years 340
    25 to 29 years 305
    30 to 34 years 355
    35 to 39 years 445
    40 to 44 years 605
    45 to 49 years 760
    50 to 54 years 775
    55 to 59 years 680
    60 to 64 years 710
    65 to 69 years 600
    70 to 74 years 440
    75 to 79 years 360
    80 to 84 years 225
    85 years and over 275
    Median age of the population 49.5
    % of the population aged 15 and over 87.8
  • Marital Status
    Total population 15 years and over by marital status 7305
    Married or living with a common-law partner 4500
    Married (and not separated) 3720
    Living common-law 780
    Not married and not living with a common-law partner 2805
    Single (never legally married) 1615
    Separated 215
    Divorced 335
    Widowed 635
    Family Characteristics
    Total number of census families in private households 2590
    Size of census family: 2 persons 1590
    Size of census family: 3 persons 540
    Size of census family: 4 persons 370
    Size of census family: 5 or more persons 85
    Total number of census families in private households 2590
    Total couple families by family structure and number of children 2210
    Married couples 1820
    Without children at home 1105
    With children at home 720
    1 child 355
    2 children 290
    3 or more children 65
    Common-law couples 385
    Without children at home 235
    With children at home 155
    1 child 80
    2 children 60
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 380
    Female parent 300
    1 child 190
    2 children 85
    3 or more children 25
    Male parent 85
    1 child 60
    2 children 15
    3 or more children 10
    Total children in census families in private households 1935
    Under six years of age 335
    6 to 14 years 665
    15 to 17 years 230
    18 to 24 years 400
    25 years and over 300
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 8130
    Number of persons not in census families 1400
    Living with relatives 165
    Living with non-relatives only 240
    Living alone 995
    Number of census family persons 6735
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 1755
    Number of persons not in census families aged 65 years and over 560
    Living with relatives 85
    Living with non-relatives only 45
    Living alone 435
    Number of census family persons aged 65 years and over 1195
    Total number of private households by household type 3640
    Census-family households 2535
    One-family-only households 2345
    Couple-family households 2065
    Without children 1255
    With children 810
    Lone-parent-family households 280
    Other family households 185
    One-family households with persons not in a census family 140
    Couple-family households 85
    Without children 40
    With children 45
    Lone-parent-family households 55
    Two-or-more-family households 50
    Non-census-family households 1105
    One-person households 995
    Two-or-more-person households 110
    Total number of occupied private dwellings by structural type of dwelling 3640
    Single-detached house 3440
    Apartment, building that has five or more storeys 5
    Movable dwelling 30
    Other dwelling 165
    Semi-detached house 30
    Row house 5
    Apartment, duplex 30
    Apartment, building that has fewer than five storeys 100
    Other single-attached house 5
    Total number of private households by household size 3640
    1 person 990
    2 persons 1545
    3 persons 555
    4 persons 420
    5 persons 105
    6 or more persons 30
    Number of persons in private households 8130
    Average number of persons in private households 2.2
Census 2011

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