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Property prices in Bridgewater · Census 2021 and Statistics Canada

A home in Bridgewater sells for 66% more than in the middle of Nova Scotia’s towns

The 2021 census put the median home at $200,000, with an average of $218,000. On the 2024 assessment, the middle residential property is valued at $243,000. Some 82 new homes a year went up in Bridgewater on permits from 2018 to 2023.

Median home value
$200K
owners’ estimate, census 2021
average $218K
Median sale price
$340K
CHSP, 2023
185 buyers
Median assessed value
$243K
all residential, 2024
New homes a year
82
permits, 2018–2023
22 per 1,000 homes
What homes are worth

Three ways to price a home in Bridgewater

Every figure here is compared within the province, against Nova Scotia’s towns, since each province assesses on its own terms. No sale stands behind these values: owners named them at the census of May 2021.

Census 2021$200K

median, owners’ estimate

Average
$218K
Owners
2,465
Nova Scotia’s towns
$250K
The typical Canadian town
$406K
Sales, 2023$340K

median sale price

Average sale
$350K
÷ buyers’ income
2.5×
Buyers
185
Nova Scotia’s towns
$205K
Assessed, 2024$243K

all residential

Nova Scotia’s towns
$157K

Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).

By type of home

On the assessment roll, Bridgewater’s houses sit 33% above Nova Scotia’s towns

The 2024 assessment roll counts 2,525 homes in Bridgewater: detached houses make 78% of them, condos 2%.

Assessed value

Median assessment by type, 2024 the tick is the median of Nova Scotia’s towns

Detached houses$252K
Semi-detached$299K
Condos$183K
Multi-unit properties$264K
The mix of properties
Detached houses78%
Multi-unit properties14%
Semi-detached5%
Condos2%
1,540 sq ft
living area of the median detached house (Nova Scotia’s towns: 1,300 sq ft)
775 sq ft
living area of the median condo

Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Nova Scotia’s towns with their own figure; assessments compare within a province only.

The homes

14% of Bridgewater’s households are in core housing need, against 8% for Nova Scotia’s towns

The 2021 census counted 4,260 occupied homes in Bridgewater; 48% of them are single-detached houses. At least half predate 1981.

When they were built

Homes by period of construction the tick is the median of Nova Scotia’s towns

Before 196127%
1961–198028%
1981–200024%
2001–201516%
2016–20216%
What kind of home

Homes by kind

Single-detached houses48%
Semi-detached houses5%
Row houses2%
Flats in a duplex3%
Apartments, under 5 storeys29%
Apartments, 5+ storeys1%
Movable dwellings12%
Against the median town of the province and of Canada
BridgewaterNova ScotiaCanada
Condominiums3%1%8%
Needing major repairs9%9%6%
Too small for the household3%2%3%
Households in core housing need14%8%7%

Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.

New homes

Building ahead of Nova Scotia’s towns: 22 new homes a year per 1,000 in Bridgewater, against 13.5

Only 14% went into single-unit buildings, beside 63% for Nova Scotia’s towns.

Permits by year, 2018–2023

The busiest year: 2021, with 181 new homes

Single-unit buildingsTwo or more units
050100150200201820192020202120222023
The pace

New homes a year per 1,000 homes

Bridgewater22
Nova Scotia’s towns13.5
The typical Canadian town13.8
$12M
of new residential construction a year, 2019–2023

Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.

Across Nova Scotia

Bridgewater is 20% below the $250,000 median of Nova Scotia’s towns

90 of Nova Scotia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Bridgewater’s neighbours by home value

Next to Bridgewater: 2021 census values and the share of owners.

LunenburgMahone BayLunenburgLunenburgMahone BayLunenburgBridgewater
Prices next door
TownMedian home valueAverageOwnerskm
Bridgewater$200K$218K58%
Lunenburg$250K$293K90%2.6
Mahone Bay$400K$436K68%13.2
Lunenburg$348K$382K63%16.6

Census 2021 values; km.

Questions about property prices in Bridgewater

What is the average house price in Bridgewater?

Homes sold for an average $350,000 in 2023; the median buyer paid 2.5 times their household income.

Is Bridgewater expensive for Nova Scotia?

Less than most: Nova Scotia’s towns have a median of $250,000, and Bridgewater sits below it.

Can I see individual sales or prices by street?

Only in total: Statistics Canada releases each town’s median and average sale and its number of buyers, never a single sale.

Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.

Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).