New Russell
One of 379 areas · 335 parcels · Updated weekly
Among the faster-rising areas in Nova Scotia.
New Russell's price per square foot rose 37% over two years — versus +13% across Nova Scotia, on 17 recent and 22 prior sales. This is an area-wide read, not a per-home estimate or a forecast.
A community within Chester, on Nova Scotia's official governance map.
Sells in a median 54 days — faster than 16% of Nova Scotia areas · 15 sold
Sells for a median 91% of original asking — 40% at or above ask · 15 sold
0% cut their price before selling · 15 sold
Market conditions among homes that sold over the last 24 months.
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PVSC + MLS · Area aggregate
Single-family homes here typically sold around $339,000 over the last 24 months — +37% on a mix-controlled price-per-square-foot basis over two years (Nova Scotia as a whole: +13%). Assessed values moved +43% over three years.
As of the 2021 Census, about 609 people live here, with a median household income near $61,324. 84% of homes are owner-occupied and 88% are single-detached.
Roughly 27 homes were added in the last five years — about 9.4% of the stock.
Most recent sales landed between $152,800 and $554,600 (10th–90th percentile).
The blue dot marks New Russell; where a province-wide percentile exists it is shown, otherwise the Nova Scotia figure is given for reference.
About 27 new homes were built in New Russell over the last five years — roughly 9.4% 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
Recent sale price per ft², by home type
Where recent sales landed
| 2026-07-30 | 439 Wallaback, Mill Road | $754,999 |
| 2026-07-03 | 51 Camp Lake, Mill Road | $180,000 |
| 2026-06-10 | 767 Mill, Mill Road | $189,900 |
| 2025-12-01 | 88 Lake Lewis, New Russell | $468,500 |
| 2025-09-25 | 427 Wallaback, Mill Road | $80,000 |
| 2025-08-22 | 377 Wallaback, Mill Road | $490,000 |
| 2025-08-22 | 369 Wallaback, Mill Road | $200,000 |
| 2025-07-03 | 296 Lakeshore, New Russell | $310,000 |
| 2025-06-12 | 329 Wallaback, Mill Road | $180,000 |
| 2025-02-20 | 194 Horseshoe, New Russell | $561,500 |
| 2025-02-13 | 1364 New Russell, New Russell | $449,900 |
| 2024-11-13 | 463 Parklands, New Russell | $418,000 |
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.
Census figures are apportioned from 2021 dissemination areas to this boundary by parcel share — an honest approximation, not a direct count.
| New Ross | $448,950 | +60% | 714 |
| Chester | $602,204 | +13% | 695 |
| Mill Cove | $570,000 | +1% | 591 |
| Chester Basin | $407,000 | +15% | 567 |
| Marriotts Cove | $430,000 | -2% | 375 |
| Forties | $266,640 | -18% | 337 |
| Blandford | $406,500 | +20% | 330 |
| East Chester | $424,900 | +55% | 319 |
| Martins Point | $392,450 | +14% | 311 |
| Windsor Road | $307,000 | +24% | 274 |
| Western Shore | $275,000 | +13% | 273 |
| Fox Point | $540,000 | +41% | 252 |
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An area profile for New Russell— 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.