Tidewater

Mahone Bay

One of 379 areas · 439 parcels · Updated weekly

Rising, broadly in step with Nova Scotia.

Mahone Bay's price per square foot rose 19% over two years — versus +13% across Nova Scotia, on 44 recent and 42 prior sales. This is an area-wide read, not a per-home estimate or a forecast.

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

Active marketAs of August 2026 · 2021 census
$525,000typical house · 24mo81st pctile · NS
+19%price trend · 2yr66th pctile · NS
439homes
1,114residents

Sells in a median 36 days — faster than 36% of Nova Scotia areas · 39 sold

Sells for a median 96% of original asking — 26% at or above ask · 39 sold

0% cut their price before selling · 39 sold

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

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PVSC + MLS · Area aggregate

Median sale$525,00024 mo
Registry sales4424 mo
24-mo change+19%
Median days on market36 days39 sold
Median assessment$450,2002026
OverviewPVSC + 2021 Census

Single-family homes here typically sold around $525,000 over the last 24 months — +19% on a mix-controlled price-per-square-foot basis over two years (Nova Scotia as a whole: +13%). Assessed values moved +40% over three years.

Condos here sold around $462,500 over the same period (18 sales), counted separately from houses.

As of the 2021 Census, about 1,114 people live here, with a median household income near $62,360. 68% of homes are owner-occupied and 62% are single-detached.

Roughly 15 homes were added in the last five years — about 4.4% of the stock.

Price-per-square-foot trajectoryPVSC · Sales
Median sale price per square foot in Mahone Bay went from $283 in 2022 to $372 in 2026.20222023202420252026$372/ft²$283
Median sale price per square foot in Mahone Bay went from $283 in 2022 to $372 in 2026.

Most recent sales landed between $329,500 and $806,197 (10th–90th percentile).

How Mahone Bay compares to Nova ScotiaPVSC + Census · vs NS
Typical house · 24mo$525,00081st percentile
Price trend · 2yr+19%66th percentile
Assessed values · 3yr+40%vs NS +52%
Median year built1967vs NS 1979
Median household income$62,360vs NS $67,500
Owner-occupied68%vs NS 67%
Single-detached62%vs NS 64%
Median age59.9vs NS 47

The blue dot marks Mahone Bay; 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 15 new homes were built in Mahone Bay over the last five years — roughly 4.4% 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$312/ft² · 150 homes
1960–79$301/ft² · 55 homes
1980–99$296/ft² · 41 homes
2000–17$324/ft² · 70 homes
2018+$391/ft² · 26 homes

Recent sale price per ft², by home type

Detached$330/ft² · 359 homes

Where recent sales landed

51%30%
Under $300k · 9.3%$300–500k · 50.8%$500–750k · 29.7%$750k+ · 10.2%
Recorded salesRegistry · 21 years · ungated
2026-07-0736 Fauxburg, Mahone Bay$460,000
2026-06-30601 Main, Mahone Bay$468,000
2026-06-30476 Main, Mahone Bay$374,500
2026-06-24629 Main, Mahone Bay$999,000
2026-05-28476 Main, Mahone Bay$369,000
2026-05-1421 Long Hill, Mahone Bay$500,000
2026-04-1736 Fauxburg, Mahone Bay$474,500
2026-04-1464 Maple, Mahone Bay$725,000
2026-03-26122 Hawthorn, Mahone Bay$899,000
2026-03-18476 Main, Mahone Bay$460,000
2026-03-12575 Main, Mahone Bay$662,500
2026-01-30109 Spruce, Mahone Bay$375,000

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
Population1,114
Median age59.9
Avg household size1.91
Median household income$62,360
Owner-occupied68%
Rented32%
Single-detached62% (NS 63.7%)
Built since 20168.5% (NS 5.2%)

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

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How to read this profile

An area profile for Mahone Bay— 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.