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Property prices in Fall River · Census 2021 and Statistics Canada

Home values in Fall River run 79% higher than the median of Nova Scotia’s towns

Owners put the median home at $448,000 at the 2021 census; for Nova Scotia’s towns the median is $250,000. The median sale in 2023 was $493,000, across 8,470 buyers. For sale prices, assessed values, values by property type and building permits, the only official count covers all of the city of Halifax, Fall River included.

Median home value
$448K
owners’ estimate, census 2021
average $496K
Median sale price
$493K
CHSP, 2023
Median assessed value
$412K
all residential, 2024
New homes a year
4,387
permits, 2018–2023
24.4 per 1,000 homes
What homes are worth

Fall River’s homes, by three sources

Every figure here is compared within the province, against Nova Scotia’s towns, since each province assesses on its own terms. Those values come from owners at the 2021 census and predate the prices of the years since.

Census 2021$448K

median, owners’ estimate

Average
$496K
Owners
2,940
Nova Scotia’s towns
$250K
The typical Canadian town
$406K
Sales, 2023$493K

median sale, wider area

Average sale
$530K
÷ buyers’ income
3.3×
Buyers
8,470
Nova Scotia’s towns
$205K
Assessed, 2024$412K

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, Halifax’s houses sit at 2.4 times Nova Scotia’s towns

The 2024 assessment roll counts 131,695 homes in Halifax: detached houses make 71% of them, condos 7%.

Assessed value

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

Detached houses$452K
Semi-detached$339K
Row houses$444K
Condos$392K
Mobile homes$135K
Multi-unit properties$557K
The mix of properties
Detached houses71%
Semi-detached8%
Multi-unit properties8%
Condos7%
Row houses5%
Mobile homes1%
1,770 sq ft
living area of the median detached house (Nova Scotia’s towns: 1,300 sq ft)
1,090 sq ft
living area of the median condo
71%
of properties lived in by their owner

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

How Fall River’s homes break down, by age and kind

3,245 occupied homes stood in Fall River in 2021, and single-detached houses made up 91% of them. Half or more were standing by 2000. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.

When they were built

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

Before 19616%
1961–198026%
1981–200033%
2001–201529%
2016–20215%
What kind of home

Homes by kind

Single-detached houses91%
Semi-detached houses1%
Row housesunder 1%
Flats in a duplex3%
Apartments, under 5 storeys3%
Movable dwellings1%
Against the median town of the province and of Canada
Fall RiverNova ScotiaCanada
Condominiums1%1%8%
Needing major repairs5%9%6%
Too small for the household1%2%3%
Households in core housing need4%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

24.4 new homes a year per 1,000 in Halifax: more than Nova Scotia’s towns (13.5)

Some 4,387 homes a year: 26,323 in all were permitted in Halifax from 2018 to 2023. Only 19% went into single-unit buildings, beside 63% for Nova Scotia’s towns.

Permits by year, 2018–2023

The busiest year: 2023, with 5,355 new homes

Single-unit buildingsTwo or more units
02,0004,0006,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Halifax24.4
Nova Scotia’s towns13.5
The typical Canadian town13.8
$896M
of new residential construction a year, 2019–2023
The metro area

5,538 new homes in the 12 months to August 2026, down 15% on the year before

02,0004,0006,0008,00020212022202320242025

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. · Monthly permits: the Halifax metro area

Across Nova Scotia

Fall River is dearer than most of Nova Scotia’s towns: 79% above their $250,000 median

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

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Lower values near Fall River: Beaver Bank, Lower Sackville and Middle Sackville

The places around Fall River at the 2021 census: median and average value, and how many own.

Beaver BankLower SackvilleMiddle SackvilleDutch SettlementBedfordHammonds PlainsBeaver BankLower SackvilleMiddle SackvilleDutch SettlementBedfordHammonds PlainsFall River
Prices next door
TownMedian home valueAverageOwnerskm
Fall River$448K$496K91%
Beaver Bank$348K$338K94%4.7
Lower Sackville$276K$284K71%6.9
Middle Sackville$348K$322K85%8.2
Dutch Settlement$376K$369K92%9.1
Bedford$448K$527K58%12
Hammonds Plains$400K$477K93%15.6

Census 2021 values; km.

Questions about property prices in Fall River

Is Fall River expensive for Nova Scotia?

Dearer than the middle: Nova Scotia’s towns come to $250,000, Fall River to more.

How many households in Fall River are in core housing need?

Statistics Canada puts 4% of Fall River’s households in core housing need, a smaller share than the 8% of Nova Scotia’s towns.

Can I see individual sales or prices by street?

Not here: individual sales sit with provincial registries and aren’t open, so the published figures are town medians and averages.

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).