Windsor, 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
As of the latest data, Windsor, Nova Scotia presents a real estate market characterized by steady growth. The median house price in the area stands at $500,000, marking a year-over-year increase of 3.5%. This suggests a healthy demand for single-family homes, likely driven by specific local factors such as quality of life and community investments.
In contrast, the apartment sector shows a more modest growth trend with the median apartment price at $300,000, experiencing a 2.1% year-over-year increase. This could reflect a relatively lower demand for multi-family units or a larger inventory in comparison to single-family homes.
The township’s population has grown by an impressive 7.1%, now totaling approximately 15,000 residents. This demographic expansion is likely contributing to the real estate market’s buoyancy and could be indicative of greater demand for housing in both purchase and rental markets.
Investment Opportunities and Potential
The positive population growth rate paired with consistent appreciation in property values suggests Windsor is ripe for investment opportunities. Single-family homes show robust value growth and are likely to be particularly attractive to long-term investors seeking capital appreciation and stable rental income.
The smaller yet steady increase in apartment prices indicates that there may be potential in developing or investing in multi-unit residential buildings. Investors could capitalize on an emerging market segment or cater to those priced out of the detached housing market.
Given Windsor’s growing population, strategic investments in real estate could cater to new residents requiring housing solutions. There is potential here for developments that offer modern amenities and sustainable living options that would appeal to an environmentally conscious demographic.
Future Market Outlook
The future outlook for Windsor’s real estate market appears cautiously optimistic. The sustained population growth should continue to underpin demand for housing across all sectors. If economic conditions remain favorable and the town continues to attract new residents through job creation or lifestyle offerings, both house and apartment markets are poised for further growth.
Monitoring economic drivers such as employment rates, infrastructure development, and migration trends will be crucial in forecasting long-term trends. Should these indicators remain positive, Windsor could see its real estate market continue on its upward trajectory, offering promising prospects for investors and homeowners alike.
