Trending
A red, white, and black flag with a white background.

Argyle, Nova Scotia Real Estate Market Data

Updated: Nov 2024

House

Median price $485,000
Monthly growth 1.5%
Quarterly trend 4.0%
Stock on market 0.8%

Apartment

Median price $295,000
Monthly growth 0.8%
Quarterly trend 2.5%
Stock on market 1.0%

Prices by Number of Bedrooms

Houses

Bedrooms Median Price
2 bedrooms $420,000
3 bedrooms $485,000
4 bedrooms $590,000

Apartments

Bedrooms Median Price
1 bedrooms $240,000
2 bedrooms $320,000
3 bedrooms $420,000

Demographics

Current Population (2025) 15,200
Previous Population (2020) 14,800
Population Change 2.7%
Total Private Dwellings 6,100
Occupied Private Dwellings 5,700
Population Density (per km²) 1.6
Land Area (km²) 2,500.5

Market Analysis






Argyle, Nova Scotia Real Estate Market Analysis

Current Market Conditions and Trends

The real estate market in Argyle, Nova Scotia, is currently experiencing moderate growth. With a median house price of $485,000 and an upward year-over-year trend of 4%, the market exhibits a steady increase in property values. This growth is reflected more conservatively in the apartment sector, with a median price of $295,000 and a slower appreciation rate of 2.5% year-over-year.

The area’s population has increased by 2.7%, which may contribute to the demand for housing and the corresponding rise in property prices. This demographic trend is an important indicator of sustained real estate activity and potential future growth within Argyle’s housing market.

Investment Opportunities and Potential

Looking at investment opportunities, Argyle’s consistent growth in both house and apartment prices suggests that investment in residential properties could yield positive returns. Single-family homes are particularly promising due to their higher appreciation rate. The growing population implies a potential increase in demand for rental properties as well, making multi-unit residential buildings an attractive prospect for investors seeking cash flow opportunities.

The current market conditions suggest that entering the market sooner rather than later could be beneficial for investors before prices potentially increase further. With a stable growth rate, investments made today may capitalize on the trend of appreciating property values over time.

Future Market Outlook

The future outlook of the Argyle real estate market remains optimistic given the current trends and demographic shifts. If the population continues to grow at its present rate or higher, it can be expected that demand for housing will continue to rise, potentially leading to further increases in property valuations.

Investors should monitor key economic indicators such as employment rates, income levels, and interest rates within the province. These factors will influence buyer affordability and can directly impact market dynamics. The continuation of favorable economic conditions combined with Argyle’s natural appeal as a residential community positions the local real estate market for ongoing positive momentum into the foreseeable future.