Executive Summary

The Scotch Village, Nova Scotia real estate market is currently classified as a seller's market. The median asking price is $519K, up 33.5% over the past 30 days.

There are currently 2 active listings. Inventory has increased 100.0% compared to last month.

Currently, listings spend an average of 19 days on market and the average price per square foot is $210.

Detached properties make up the largest share of the Scotch Village market at 100% of active listings with an average price of $519K.

Sales Activity & Absorption

Volume

Active

Avg DOM

New (30d)

New (7d)

Market Signals

Price Cuts (30d)

New (7d)

Price Cuts

New (7d)

1 new listings appeared in the past month.

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 $519K, 20% down, 25yr amortization

$2,417/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

This is currently a seller's market with strong demand and limited inventory. The Scotch Village market currently has 2 active listings with a median price of $519K.

Prices rising (33.5% in 30 days)
Low price reduction rate (0% of listings)
Fast-moving market (19 avg days on market)
Average price per square foot is $210

For Buyers

Competition is strong in Scotch Village. Get pre-approved, work with a local agent, and be prepared to move quickly on properties you like. Consider expanding your search criteria. There were 1 new listings in the past week.

For Sellers

Conditions favor sellers in Scotch Village. Price confidently based on recent comparables, and consider professional staging to maximize offers. Multiple-offer scenarios are common.

Search Scotch Village

Browse all 2 active listings.

View All Listings

Resources

Explore Scotch Village

Homes for Sale in Scotch Village2 active listings Cost of Living in Scotch VillageHousing, rent & expenses

Market data is calculated from active and recently sold MLS listings as of March 6, 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.