Photo: Edgar El · CC BY 3.0Lunenburg’s median sale is 2 times that of Nova Scotia’s towns
Asked in 2021, owners gave a median value of $348,000; averaged, their homes came to $382,000. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since. For 2024, the median assessed value of a residential property is $353,000.
Three ways to price a home in Lunenburg
Every figure here is compared within the province, against Nova Scotia’s towns, since each province assesses on its own terms.
median, owners’ estimate
- Average
- $382K
- Owners
- 690
- Nova Scotia’s towns
- $250K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $440K
- ÷ buyers’ income
- 3.2×
- Buyers
- 70
- Nova Scotia’s towns
- $205K
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).
Lunenburg’s detached houses are assessed 94% above the median of Nova Scotia’s towns
Assessors listed 1,005 residential properties in Lunenburg for 2024, 81% of them detached houses.
Median assessment by type, 2024 the tick is the median of Nova Scotia’s towns
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.
An older stock than most: 63% of Lunenburg’s homes go back before 1961 (Nova Scotia’s towns: 28%)
The 2021 census counted 1,090 occupied homes in Lunenburg; 70% of them are single-detached houses.
Homes by period of construction the tick is the median of Nova Scotia’s towns
Homes by kind
| Lunenburg | Nova Scotia | Canada | |
|---|---|---|---|
| Condominiums | 3% | 1% | 8% |
| Needing major repairs | 7% | 9% | 6% |
| Too small for the household | 4% | 2% | 3% |
| Households in core housing need | 4% | 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.
Lunenburg permitted 11.2 new homes a year per 1,000, close to the 13.5 of Nova Scotia’s towns
Building permits added 77 homes in Lunenburg between 2018 and 2023: some 13 a year. 25% were single-unit buildings and the rest multi-unit ones, against 63% for Nova Scotia’s towns.
A peak in 2022: 23 new homes
New homes a year per 1,000 homes
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.
Lunenburg is dearer than most of Nova Scotia’s towns: 39% 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.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Lunenburg: Lunenburg and Bridgewater
The places around Lunenburg at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Lunenburg | $348K | $382K | 63% | |
| Mahone Bay | $400K | $436K | 68% | 9.7 |
| Lunenburg | $250K | $293K | 90% | 15.4 |
| Bridgewater | $200K | $218K | 58% | 16.6 |
Census 2021 values; km.
Questions about property prices in Lunenburg
What is the average house price in Lunenburg?
Homes sold for an average $440,000 in 2023; the median buyer paid 3.2 times their household income.
How many households in Lunenburg are in core housing need?
Fewer than most: 4% of households in Lunenburg, where Nova Scotia’s towns sit at 8%.
Is Lunenburg expensive for Nova Scotia?
On census values, Lunenburg ranks among the dearer of Nova Scotia’s towns (median $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).