Hortonville, 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
In Hortonville, Nova Scotia, the real estate market is currently experiencing a period of growth. With a median house price of $500,000 and a year-over-year increase of 3.5%, the market shows consistent appreciation. This steady growth trend is similarly observed in the apartment sector, where median prices have reached $300,000, marking a 2.1% rise from the previous year. The population of Hortonville stands at 15,000 residents and is expanding at a robust rate of 7.1%, suggesting a healthy demand for housing driven by demographic growth.
Investment Opportunities and Potential
The promising population growth in Hortonville presents multiple investment opportunities. The sustained increase in housing prices indicates a strong market that is likely to offer stable returns for investors in both the short and long term. Given the current trends, investing in residential properties such as single-family homes and apartments could be particularly advantageous. Moreover, with rising demand, there may also be potential in developing new housing projects or rejuvenating existing properties to cater to the influx of new residents.
Future Market Outlook
Looking forward, Hortonville’s real estate market is poised to continue on its upward trajectory. The combination of continuous population growth and steady price increases suggests that the demand for housing will remain robust. Assuming no major economic disruptions occur, investors can expect ongoing appreciation in property values. Both buyers looking for long-term residences and investors seeking rental properties should consider Hortonville’s positive market indicators as signals of a potentially lucrative market with room for growth and return on investment.
