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Aerial view of Truro, Nova ScotiaPhoto: Quintin Soloviev · CC BY 4.0
C−Cost of living Grade
Property prices in Truro · Census 2021 and Statistics Canada

Apartments make up 42% of the homes in Truro, where Nova Scotia’s towns have 5%

Going by owners’ own estimates in 2021, the typical home is worth $194,000, the average one $219,200. The values date from May 2021 and are what owners thought their homes were worth, not sale prices. Sales are published too: 270 buyers in 2023, at a median $300,000.

Median home value
$194K
owners’ estimate, census 2021
average $219K
Median sale price
$300K
CHSP, 2023
270 buyers
Median assessed value
$204K
all residential, 2024
New homes a year
124
permits, 2018–2023
21.9 per 1,000 homes
What homes are worth

Truro’s homes, by three sources

Each source sits beside its own median for Nova Scotia’s towns; none compares across provinces, which value homes in their own ways.

Census 2021$194K

median, owners’ estimate

Average
$219K
Owners
2,695
Nova Scotia’s towns
$250K
The typical Canadian town
$406K
Sales, 2023$300K

median sale price

Average sale
$290K
÷ buyers’ income
2.6×
Buyers
270
Nova Scotia’s towns
$205K
Assessed, 2024$204K

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

Detached houses make up 72% of Truro’s residential properties

In 2024, Truro had 3,655 residential properties on the roll, detached houses 72% of them and condos 1%.

Assessed value

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

Detached houses$206K
Semi-detached$233K
Condos$292K
Mobile homes$148K
Multi-unit properties$245K
The mix of properties
Detached houses72%
Multi-unit properties22%
Mobile homes3%
Semi-detached2%
Condos1%
1,450 sq ft
living area of the median detached house (Nova Scotia’s towns: 1,300 sq ft)
1,280 sq ft
living area of the median condo
65%
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

More need than most: 14% of households in Truro (Nova Scotia’s towns: 8%)

People lived in 6,350 homes in Truro at the 2021 census. Half went up before 1981.

When they were built

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

Before 196141%
1961–198027%
1981–200017%
2001–201512%
2016–20214%
What kind of home

Homes by kind

Single-detached houses41%
Semi-detached houses4%
Row houses1%
Flats in a duplex11%
Apartments, under 5 storeys42%
Other attached1%
Movable dwellings2%
Against the median town of the province and of Canada
TruroNova ScotiaCanada
Condominiums3%1%8%
Needing major repairs8%9%6%
Too small for the household4%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

Truro permitted 21.9 new homes a year per 1,000, above the 13.5 of Nova Scotia’s towns

Truro issued permits for 741 new homes from 2018 to 2023, or about 124 a year. Apartments and other multi-unit buildings dominate: only 6% were single-unit, against 63% for Nova Scotia’s towns.

Permits by year, 2018–2023

The busiest year: 2022, with 247 new homes

Single-unit buildingsTwo or more units
0100200300201820192020202120222023
The pace

New homes a year per 1,000 homes

Truro21.9
Nova Scotia’s towns13.5
The typical Canadian town13.8
$18M
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

Truro is cheaper than most of Nova Scotia’s towns: 22% under their $250,000 median

The census values of Nova Scotia’s towns, 90 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

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

Home values around Truro

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

Millbrook 27Colchester County, Subdivision CColchester County, Subdivision BMillbrook 27Colchester County, Subdivision CColchester County, Subdivision BTruro
Prices next door
TownMedian home valueAverageOwnerskm
Truro$194K$219K43%
Millbrook 27––15%3.7
Colchester County, Subdivision C$200K$232K81%8
Colchester County, Subdivision B$200K$227K78%9.9

Census 2021 values; km.

Questions about property prices in Truro

What is the average house price in Truro?

Homes sold for an average $290,000 in 2023; the median buyer paid 2.6 times their household income.

Is Truro expensive for Nova Scotia?

No: Truro’s census median is below the $250,000 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).