Real Estate Market Report for
Yarmouth, NS

Updated : Aug 2016
House
  • Median price $131,450
  • Monthly growth -4.71 %
  • Quarterly trend
  • Stock on market 2.37%
Apartment
  • Median price $99,500
  • Monthly growth 1.06 %
  • Quarterly trend
  • Stock on market 0.54%
Yarmouth Home Price

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With a median listing price of $131,450, Yarmouth is Canada’s 4252th most expensive when ordered by median listing price.

The $131,450 price tag on the median Yarmouth home means that it is very cheap in comparison to the rest of the nation.

According to our stats, Yarmouth is the neighbourhood that has the 15th most properties available to real estate investors in Nova Scotia.

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

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

The median asking price in Yarmouth is $99,500, quite a drop from the median three months ago which was $99,500 .

While the median for Nova Scotia is $219,900 , which means that Yarmouth’s median price is $99,500 a lot lower than the rest of the province.

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

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Yarmouth will hopefully provide an indicator to help you where to research in-depth

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 Yarmouth, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 15, this month we show 19.

Beds Median price (House) Median price (Apartment)
3 bedrooms $302,250
Demographics
  • Population in 20116761
  • Population in 20067162
  • 2006 to 2011 population change (%)-5.6
  • Total private dwellings3539
  • Private dwellings occupied by usual residents3144
  • Population density per square kilometre640.3
  • Land area (square km)10.56
  • Age Characteristics
    Total population by age groups 6760
    0 to 4 years 340
    5 to 9 years 280
    10 to 14 years 350
    15 to 19 years 440
    15 years 100
    16 years 80
    17 years 80
    18 years 90
    19 years 90
    20 to 24 years 435
    25 to 29 years 340
    30 to 34 years 345
    35 to 39 years 325
    40 to 44 years 435
    45 to 49 years 520
    50 to 54 years 535
    55 to 59 years 485
    60 to 64 years 445
    65 to 69 years 355
    70 to 74 years 290
    75 to 79 years 275
    80 to 84 years 255
    85 years and over 300
    Median age of the population 46
    % of the population aged 15 and over 85.7
  • Marital Status
    Total population 15 years and over by marital status 5790
    Married or living with a common-law partner 2680
    Married (and not separated) 2120
    Living common-law 560
    Not married and not living with a common-law partner 3115
    Single (never legally married) 1675
    Separated 275
    Divorced 535
    Widowed 630
    Family Characteristics
    Total number of census families in private households 1845
    Size of census family: 2 persons 1140
    Size of census family: 3 persons 405
    Size of census family: 4 persons 215
    Size of census family: 5 or more persons 90
    Total number of census families in private households 1845
    Total couple families by family structure and number of children 1305
    Married couples 1025
    Without children at home 630
    With children at home 395
    1 child 200
    2 children 135
    3 or more children 60
    Common-law couples 280
    Without children at home 155
    With children at home 125
    1 child 85
    2 children 30
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 540
    Female parent 465
    1 child 295
    2 children 105
    3 or more children 60
    Male parent 80
    1 child 60
    2 children 20
    3 or more children 0
    Total children in census families in private households 1650
    Under six years of age 390
    6 to 14 years 560
    15 to 17 years 230
    18 to 24 years 290
    25 years and over 175
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 6465
    Number of persons not in census families 1660
    Living with relatives 145
    Living with non-relatives only 325
    Living alone 1190
    Number of census family persons 4800
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 1275
    Number of persons not in census families aged 65 years and over 605
    Living with relatives 65
    Living with non-relatives only 35
    Living alone 500
    Number of census family persons aged 65 years and over 675
    Total number of private households by household type 3145
    Census-family households 1805
    One-family-only households 1645
    Couple-family households 1190
    Without children 710
    With children 480
    Lone-parent-family households 455
    Other family households 155
    One-family households with persons not in a census family 120
    Couple-family households 65
    Without children 45
    With children 20
    Lone-parent-family households 55
    Two-or-more-family households 40
    Non-census-family households 1340
    One-person households 1185
    Two-or-more-person households 150
    Total number of occupied private dwellings by structural type of dwelling 3145
    Single-detached house 1455
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 1685
    Semi-detached house 355
    Row house 65
    Apartment, duplex 205
    Apartment, building that has fewer than five storeys 1060
    Other single-attached house 5
    Total number of private households by household size 3145
    1 person 1185
    2 persons 1135
    3 persons 445
    4 persons 250
    5 persons 90
    6 or more persons 30
    Number of persons in private households 6465
    Average number of persons in private households 2.1
Census 2011

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