Barton, Nova Scotia Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.2% |
| Quarterly trend | 3.5% |
| Stock on market | 0.8% |
Apartment
| Median price | $300,000 |
| Monthly growth | 0.9% |
| Quarterly trend | 2.1% |
| Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $400,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $600,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $250,000 |
| 2 bedrooms | $350,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,000 |
| Population Change | 7.1% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,500 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The current real estate market in Barton, Nova Scotia, is experiencing moderate growth, with median house prices at $500,000, reflecting a year-over-year increase of 3.5%. This steady growth indicates a healthy demand for housing in the area. The apartment sector displays a slightly lower growth rate, with median prices at $300,000 and an annual appreciation of 2.1%. This suggests that the market for apartments is expanding more gradually than that of houses.
The population of Barton has grown to 15,000 residents, marking a significant increase of 7.1%. This robust population growth can be linked to the rising demand for housing and may signify a trend toward urbanization or increased economic opportunities within the region.
Investment Opportunities and Potential
Given the steady appreciation in property values and ongoing population growth, Barton presents promising investment opportunities. The consistent rise in house prices suggests that investing in residential properties could yield attractive returns over time. Apartments, while showing slower growth, still offer potential for long-term investment, especially if rental demand increases in response to population growth.
Investors looking to capitalize on Barton’s real estate market may consider properties that cater to the influx of new residents or those looking for more affordable housing options as the median prices continue to climb.
Future Market Outlook
The future market outlook for Barton remains positive. The sustained population growth coupled with gradual property price increases points toward a stable market with room for expansion. Should current trends persist, investors and homeowners alike can expect continued appreciation in property values.
However, it is important to monitor external economic factors and local developments that could impact this trajectory. With careful analysis and strategic investment decisions based on up-to-date data, stakeholders can potentially reap significant benefits from Barton’s real estate market in the coming years.
