Tidewater

Martins River

One of 379 areas · 210 parcels · Updated weekly

Among the faster-rising areas in Nova Scotia.

Martins River's price per square foot rose 54% over two years — versus +13% across Nova Scotia, on 12 recent and 16 prior sales. This is an area-wide read, not a per-home estimate or a forecast.

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

Some recent salesAs of August 2026 · 2021 census
$509,500typical house · 24mo78th pctile · NS
+54%price trend · 2yr97th pctile · NS
210homes
390residents

Sells in a median 16 days — faster than 75% of Nova Scotia areas · 10 sold

Sells for a median 96% of original asking — 20% at or above ask · 10 sold

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

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PVSC + MLS · Area aggregate

Median sale$509,50024 mo
Registry sales1224 mo
24-mo change+54%
Median days on market16 days10 sold
Median assessment$418,9002026
OverviewPVSC + 2021 Census

Single-family homes here typically sold around $509,500 over the last 24 months — +54% on a mix-controlled price-per-square-foot basis over two years (Nova Scotia as a whole: +13%). Assessed values moved +57% over three years.

As of the 2021 Census, about 390 people live here, with a median household income near $69,899. 89% of homes are owner-occupied and 92% are single-detached.

Roughly 6 homes were added in the last five years — about 3.2% of the stock.

Price-per-square-foot trajectoryPVSC · Sales
Median sale price per square foot in Martins River went from $232 in 2022 to $342 in 2026.20222023202420252026$342/ft²$232
Median sale price per square foot in Martins River went from $232 in 2022 to $342 in 2026.

Most recent sales landed between $250,500 and $672,500 (10th–90th percentile).

How Martins River compares to Nova ScotiaPVSC + Census · vs NS
Typical house · 24mo$509,50078th percentile
Price trend · 2yr+54%97th percentile
Assessed values · 3yr+57%vs NS +52%
Median year built1983vs NS 1979
Median household income$69,899vs NS $67,500
Owner-occupied89%vs NS 67%
Single-detached92%vs NS 64%
Median age56.7vs NS 47

The blue dot marks Martins River; 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 6 new homes were built in Martins River over the last five years — roughly 3.2% 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$254/ft² · 27 homes
1960–79$300/ft² · 62 homes
1980–99$301/ft² · 58 homes
2000–17$364/ft² · 31 homes
2018+$413/ft² · 12 homes

Recent sale price per ft², by home type

Detached$265/ft² · 198 homes

Where recent sales landed

29%36%29%
Under $300k · 28.6%$300–500k · 35.7%$500–750k · 28.6%$750k+ · 7.1%
Recorded salesRegistry · 21 years · ungated
2026-07-067822 Highway 3, Martins River$393,500
2026-06-2950 Narrows Basin, Martins River$675,000
2026-06-25286 Silver Point, Martins River$700,000
2026-06-2511 Hiltz Hill, Martins River$318,000
2026-05-1479 Shingle Mill, Martins River$243,000
2026-02-0579 Shingle Mill, Martins River$192,500
2025-12-227718 Highway 3, Martins River$599,000
2025-10-3196 Narrows Basin, Martins River$450,000
2025-05-28286 Silver Point, Martins River$585,000
2024-11-2554 Narrows Basin, Martins River$650,000
2024-10-017901 3 Highway, Martins River$465,000
2024-09-277527 Highway 3, Martins River$554,000

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
Population390
Median age56.7
Avg household size2.1
Median household income$69,899
Owner-occupied89%
Rented11%
Single-detached92% (NS 63.7%)
Built since 20163.3% (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 Lunenburg
Garden Lots$447,500+15%1,501
New Germany$274,950+18%1,453
Lower Branch$368,250+15%1,384
Maders Cove$444,500+13%1,082
Petite Rivière$360,000+13%991
Pleasantville$443,000+19%941
Middle New Cornwall$410,0000%739
Newburne$264,000-10%660
Hebbs Cross$395,000+24%557
Dayspring$331,250+2%475
Italy Cross$341,250+50%465
Blockhouse$310,000+19%424

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How to read this profile

An area profile for Martins River— 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.