Milton Real Estate Market Report

The Milton, Nova Scotia real estate market is currently classified as a balanced market. The MLS composite benchmark price is $877K, down 4.8% year-over-year.

There are currently 13 active listings, representing 3.6 months of inventory. According to Toronto Regional Real Estate Board, there were 147 sales and 359 new listings in June 2026. Inventory has decreased 95.4% compared to last month.

Currently, listings spend an average of 87 days on market and the average price per square foot is $616.

Board Data vs Our Listings

MetricToronto Regional Real Estate BoardOur Listings
Benchmark / Median Price$877K$250K
Average Price$999K$299K
Active Listings53213

Detached properties make up the largest share of the Milton market at 78% of active listings with an average price of $1.4M. Condo listings follow at 22% (avg $576K).

Sales Activity & Absorption

Volume

147
Board Sales
359
New Listings
87
Avg DOM
3
New (30d)

Market Signals

0
Price Cuts (30d)
1
New (7d)
41%
SNLR
41%
SNLR

Toronto Regional Real Estate Board reported 147 sales this period, 3 new listings appeared in the past month.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
3.6months
Seller's Market
Sales-to-New Listings (SNLR)40.9%

Demand moderately exceeds supply — conditions favor sellers.

Inventory Change (30d)-95.4%
Board Active Listings532
Site Active Listings13

With only 3.6 months of inventory, the market is supply-constrained. Buyers should be prepared for competition, and sellers can expect strong interest.

Neighborhoods

AreaListingsAvg Price
1035 - OM Old Milton8$1.3M
1029 - DE Dempsey6$793K
1023 - BE Beaty5$1.2M
1028 - CO Coates5$1.1M
Avg 2 schools nearbyAvg 7 parks nearbyAvg 7 transit stops nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $250K, 20% down, 25yr amortization
$1,163/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

The market is relatively balanced between buyers and sellers. The Milton market currently has 13 active listings with a median price of $250K and 3.6 months of inventory.

According to Toronto Regional Real Estate Board, the composite benchmark price is $877K (-4.8% year-over-year). There were 147 sales recorded

  • Low price reduction rate (0% of listings)
  • Low sell-through rate (41%)
  • Slow-moving market (87 avg days on market)
  • Average price per square foot is $616

For Buyers

The Milton market is balanced. You have reasonable options, but well-priced homes will still draw interest. Get pre-approved and stay informed on new listings. There were 1 new listings in the past week.

For Sellers

Price your home realistically based on recent sales. Focus on presentation and highlight unique features. Well-priced properties are still selling within reasonable timeframes.

Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily, with board statistics from Toronto Regional Real Estate Board. Prepared by Dan Braun with AI assistance, reviewed by our team.

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Market data is calculated from active and recently sold MLS® listings as of July 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.

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