Hermans Island, NS

Updated: Aug 2016
Median price $749,000
Monthly growth
Quarterly trend
Stock on market 0.02%
Median price
Monthly growth
Quarterly trend
Stock on market

Hermans Island Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Hermans Island is number 138 putting it ahead of most neighbourhoods .

While the median for Nova Scotia is $232,500 , which means that Hermans Island’s median price is $749,000 considerably better than the rest of the province.

Nova Scotia has the fifth most amount of properties available to property investors, with Hermans Island having 417th most in the province, out of a total of 825.

Can we guarantee how well Hermans Island is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

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

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

If you are looking at investment properties in Hermans Island, 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)
3 bedrooms $646,750
  • Population in 201125118
  • Population in 200625164
  • 2006 to 2011 population change (%)-0.2
  • Total private dwellings13392
  • Private dwellings occupied by usual residents10725
  • Population density per square kilometre14.3
  • Land area (square km)1759.64