Tidewater

Lower Truro

One of 379 areas · 383 parcels · Updated weekly

Rising, broadly in step with Nova Scotia.

Lower Truro's price per square foot rose 15% over two years — versus +13% across Nova Scotia, on 33 recent and 20 prior sales. This is an area-wide read, not a per-home estimate or a forecast.

A community within Colchester, on Nova Scotia's official governance map.

Active marketAs of August 2026 · 2021 census
$355,344typical house · 24mo51st pctile · NS
+15%price trend · 2yr50th pctile · NS
383homes
961residents

Sells in a median 49 days — faster than 22% of Nova Scotia areas · 23 sold

Sells for a median 91% of original asking — 13% at or above ask · 23 sold

0% cut their price before selling · 23 sold

Market conditions among homes that sold over the last 24 months.

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PVSC + MLS · Area aggregate

Median sale$355,34424 mo
Registry sales3324 mo
24-mo change+15%
Median days on market49 days23 sold
Median assessment$294,9002026
OverviewPVSC + 2021 Census

Single-family homes here typically sold around $355,344 over the last 24 months — +15% on a mix-controlled price-per-square-foot basis over two years (Nova Scotia as a whole: +13%). Assessed values moved +71% over three years.

As of the 2021 Census, about 961 people live here, with a median household income near $72,975. 82% of homes are owner-occupied and 81% are single-detached.

Roughly 14 homes were added in the last five years — about 4% of the stock.

Price-per-square-foot trajectoryPVSC · Sales
Median sale price per square foot in Lower Truro went from $205 in 2022 to $271 in 2026.20222023202420252026$271/ft²$205
Median sale price per square foot in Lower Truro went from $205 in 2022 to $271 in 2026.

Most recent sales landed between $71,576 and $579,000 (10th–90th percentile).

How Lower Truro compares to Nova ScotiaPVSC + Census · vs NS
Typical house · 24mo$355,34451st percentile
Price trend · 2yr+15%50th percentile
Assessed values · 3yr+71%vs NS +52%
Median year built1975vs NS 1979
Median household income$72,975vs NS $67,500
Owner-occupied82%vs NS 67%
Single-detached81%vs NS 64%
Median age47.3vs NS 47

The blue dot marks Lower Truro; where a province-wide percentile exists it is shown, otherwise the Nova Scotia figure is given for reference.

Built form & new constructionPVSC · as of 2026-08-30

About 14 new homes were built in Lower Truro over the last five years — roughly 4% of its homes. Counts detached, semi, townhouse and small multi-unit homes only — apartment and commercial development are tracked separately, so this is not a count of all new housing units.

Assessed value per ft², by era built

Pre-1960$172/ft² · 65 homes
1960–79$184/ft² · 143 homes
1980–99$200/ft² · 86 homes
2000–17$267/ft² · 35 homes
2018+$327/ft² · 17 homes

Recent sale price per ft², by home type

Detached$228/ft² · 349 homes

Where recent sales landed

25%60%15%
Under $300k · 24.5%$300–500k · 60.4%$500–750k · 15.1%
Recorded salesRegistry · 21 years · ungated
2026-06-0313191 Highway 2, Central Onslow$355,344
2026-05-2919 Board Landing, Central Onslow$136,250
2026-05-273 Onslow, Central Onslow$305,000
2026-05-1923 Kent, Lower Truro$285,000
2026-05-1338 Truro Heights, Lower Truro$233,900
2026-04-2811 Downsview, Lower Truro$593,233
2026-01-27242 Kent, Lower Truro$545,000
2026-01-2211 Chalet, Old Barns$660,000
2026-01-1495 Soley Brook, Lower Truro$300,000
2025-12-1613187 Highway 2, Central Onslow$299,500
2025-11-17137 Tideview, Lower Truro$355,000
2025-10-30134 Board Landing, Central Onslow$405,881

Source: PVSC sales records — single-parcel transfers of $50,000 or more. Multi-parcel conveyances and nominal family transfers are excluded because they aren't market sales.

Who lives here2021 Census · apportioned
Population961
Median age47.3
Avg household size2.3
Median household income$72,975
Owner-occupied82%
Rented18%
Single-detached81% (NS 63.7%)
Built since 20164.1% (NS 5.2%)

Census figures are apportioned from 2021 dissemination areas to this boundary by parcel share — an honest approximation, not a direct count.

More in Colchester
Bible Hill$400,000+16%1,537
Valley$446,500+19%1,358
Shortts Lake$440,000+40%992
Bass River$219,500+12%933
Brookfield$330,000+82%847
Tatamagouche$270,000+17%800
Salmon River$335,000+5%702
Great Village$267,250+11%663
East Mountain$369,000+39%652
Greenfield (Colchester)$285,000+27%640
Debert$315,000+21%592
Hilden$342,500+12%545

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How to read this profile

An area profile for Lower Truro— how the area has moved, never a per-home estimate or a forecast. Market figures cover the last 24 months of arm's-length single-family sales (Property Valuation Services Corporation); the trend is on median price per square foot, which controls for which homes happened to sell. Where recent sales are too thin to be reliable, the typical-price figure is suppressed and the assessed-value movement is shown instead. New-build premiums hold home size constant. Demographics are from the 2021 Census of Canada, apportioned from dissemination areas to this boundary by parcel share.

Sources — PVSC (sales & assessment) · Statistics Canada, 2021 Census (Open Government Licence – Canada) · governance boundaries © Open Data Nova Scotia & HRM (OGL) · market data as of August 2026.