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French frigate Hermione at Lunenburg, 02, Nova Scotia, Canada (2015)Photo: Elviroyage · CC BY 4.0
CCost of living Grade
Property prices in Lunenburg · Census 2021 and Statistics Canada

Owners put the median home in Lunenburg at $250,000

Some 10,265 owner households gave their home’s value to the 2021 census. In 2023, 825 homes changed hands at a median price of $209,000, by Statistics Canada’s count. For 2024, the median assessed value of a residential property is $199,000.

Median home value
$250K
owners’ estimate, census 2021
average $293K
Median sale price
$209K
CHSP, 2023
825 buyers
Median assessed value
$199K
all residential, 2024
New homes a year
179
permits, 2018–2023
16.7 per 1,000 homes
What homes are worth

What Lunenburg’s homes are worth, three ways

Every figure here is compared within the province, against Nova Scotia’s towns, since each province assesses on its own terms. The values date from May 2021 and are what owners thought their homes were worth, not sale prices.

Census 2021$250K

median, owners’ estimate

Average
$293K
Owners
10,265
Nova Scotia’s towns
$250K
The typical Canadian town
$406K
Sales, 2023$209K

median sale price

Average sale
$280K
÷ buyers’ income
1.8×
Buyers
825
Nova Scotia’s towns
$205K
Assessed, 2024$199K

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

Houses in Lunenburg carry assessments 35% over the middle of Nova Scotia’s towns

Of Lunenburg’s 14,525 residential properties on the 2024 roll, 90% are detached houses.

Assessed value

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

Detached houses$257K
Mobile homes$92K
Multi-unit properties$361K
The mix of properties
Detached houses90%
Mobile homes6%
Multi-unit properties4%
1,300 sq ft
living area of the median detached house (Nova Scotia’s towns: 1,300 sq ft)

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

Single-detached houses are 92% of Lunenburg’s homes, against 83% for Nova Scotia’s towns

Lunenburg had 11,500 occupied homes at the 2021 census. 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 196132%
1961–198028%
1981–200024%
2001–201513%
2016–20213%
What kind of home

Homes by kind

Single-detached houses92%
Semi-detached houses1%
Row housesunder 1%
Flats in a duplex1%
Apartments, under 5 storeys2%
Movable dwellings5%
Against the median town of the province and of Canada
LunenburgNova ScotiaCanada
Condominiums1%1%8%
Needing major repairs10%9%6%
Too small for the household2%2%3%
Households in core housing need9%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

Permits in Lunenburg ran at 16.7 homes a year per 1,000, near the 13.5 of Nova Scotia’s towns

Lunenburg issued permits for 1,073 new homes from 2018 to 2023, or about 179 a year. Single-unit buildings took 78% of them, where Nova Scotia’s towns built 63%.

Permits by year, 2018–2023

The busiest year: 2021, with 348 new homes

Single-unit buildingsTwo or more units
0100200300400201820192020202120222023
The pace

New homes a year per 1,000 homes

Lunenburg16.7
Nova Scotia’s towns13.5
The typical Canadian town13.8
$49M
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

Lunenburg sits close to 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.

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 Lunenburg: Bridgewater

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

BridgewaterMahone BayLunenburgBridgewaterMahone BayLunenburgLunenburg
Prices next door
TownMedian home valueAverageOwnerskm
Lunenburg$250K$293K90%
Bridgewater$200K$218K58%2.6
Mahone Bay$400K$436K68%10.9
Lunenburg$348K$382K63%15.4

Census 2021 values; km.

Questions about property prices in Lunenburg

How many households in Lunenburg are in core housing need?

In line with Nova Scotia’s towns (8%): 9% in Lunenburg, counting the households whose home falls short on cost, size or repair.

What is the average house price in Lunenburg?

The average sale was $280,000 in 2023, and at the median, buyers paid 1.8 times their income.

Is Lunenburg expensive for Nova Scotia?

Lunenburg is close to the norm for Nova Scotia’s towns, whose median home is worth $250,000.

Can I see individual sales or prices by street?

No. Sales are published as town figures (median, average, buyers); street-level or single sales aren’t released.

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).