Tidewater

Reserve Mines

One of 379 areas · 714 parcels · Updated weekly

Rising, broadly in step with Nova Scotia.

Reserve Mines's price per square foot rose 18% over two years — versus +13% across Nova Scotia, on 30 recent and 21 prior sales. This is an area-wide read, not a per-home estimate or a forecast.

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

Active marketAs of August 2026 · 2021 census
$164,500typical house · 24mo4th pctile · NS
+18%price trend · 2yr62nd pctile · NS
714homes
1,741residents

Sells in a median 19 days — faster than 70% of Nova Scotia areas · 20 sold

Sells for a median 90% of original asking — 25% at or above ask · 20 sold

0% cut their price before selling · 20 sold

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

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PVSC + MLS · Area aggregate

Median sale$164,50024 mo
Registry sales3024 mo
24-mo change+18%
Median days on market19 days20 sold
Median assessment$177,6002026
OverviewPVSC + 2021 Census

Single-family homes here typically sold around $164,500 over the last 24 months — +18% on a mix-controlled price-per-square-foot basis over two years (Nova Scotia as a whole: +13%). Assessed values moved +70% over three years.

As of the 2021 Census, about 1,741 people live here, with a median household income near $67,153. 82% of homes are owner-occupied and 84% are single-detached.

Roughly 9 homes were added in the last five years — about 1.5% of the stock.

Price-per-square-foot trajectoryPVSC · Sales
Median sale price per square foot in Reserve Mines went from $139 in 2022 to $171 in 2026.20222023202420252026$171/ft²$139
Median sale price per square foot in Reserve Mines went from $139 in 2022 to $171 in 2026.

Most recent sales landed between $69,000 and $291,000 (10th–90th percentile).

How Reserve Mines compares to Nova ScotiaPVSC + Census · vs NS
Typical house · 24mo$164,5004th percentile
Price trend · 2yr+18%62nd percentile
Assessed values · 3yr+70%vs NS +52%
Median year built1974vs NS 1979
Median household income$67,153vs NS $67,500
Owner-occupied82%vs NS 67%
Single-detached84%vs NS 64%
Median age52.1vs NS 47

The blue dot marks Reserve Mines; 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 9 new homes were built in Reserve Mines over the last five years — roughly 1.5% 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$152/ft² · 241 homes
1960–79$179/ft² · 185 homes
1980–99$170/ft² · 130 homes
2000–17$255/ft² · 45 homes
2018+$261/ft² · 13 homes

Recent sale price per ft², by home type

Detached$155/ft² · 655 homes

Where recent sales landed

92%
Under $300k · 92.2%$300–500k · 7.8%
Recorded salesRegistry · 21 years · ungated
2026-05-13Reserve, Reserve Mines$160,000
2026-02-1996 Main, Reserve Mines$60,000
2026-02-192135 Highway 4, Reserve Mines$210,000
2026-02-1165 Rear Main, Reserve Mines$137,000
2026-01-152047 Sydney, Reserve Mines$290,000
2025-12-12172 Main, Reserve Mines$50,000
2025-11-282238 Sydney, Reserve Mines$215,000
2025-11-209 Kennelly, Reserve Mines$132,000
2025-11-2045 Main, Reserve Mines$236,000
2025-10-292193 Highway 4, Reserve Mines$90,000
2025-09-02152 Haulage, Reserve Mines$300,000
2025-08-1837 Station, Reserve Mines$395,000

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
Population1,741
Median age52.1
Avg household size2.2
Median household income$67,153
Owner-occupied82%
Rented18%
Single-detached84% (NS 63.7%)
Built since 20162.9% (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 Cape Breton
Sydney$233,650+9%5,900
Glace Bay$208,000+17%4,768
Sydney Mines$174,750+16%2,084
North Sydney$190,500+14%1,878
New Waterford$170,000+9%1,841
Northside East Bay$250,000+31%1,741
Westmount$278,500+12%1,252
Sydney River$417,500+18%1,134
Coxheath$364,500+11%1,124
Albert Bridge$300,000+36%965
Marion Bridge$284,250+42%904
Howie Centre$376,500+29%769

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How to read this profile

An area profile for Reserve Mines— 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.