Mahone Bay, Nova Scotia, Canada
As of August 12, 2026, the median asking price in Mahone Bay is $529,450, across 10 active MLS® listings.
Those listings have been on the market an average of 173 days.
1 new listing came to market in Mahone Bay in the last 30 days.
Asking prices work out to about $549 per square foot, based on the 4 listings that report floor area.
Vacant land in Mahone Bay are listed at an average of $260,200 across 5 active listings.
Mahone Bay’s neighbourhood core is a compact, walkable small-town waterfront area centered around Main Street and the harbour. It’s known for heritage homes, galleries and cafes, seasonal tourism, and a strong community feel. Demographically it skews older with many retirees and second-home owners, alongside local families and remote workers attracted by the coastal lifestyle. Key amenities include the waterfront parks and trails, local shops and services on Main Street, the Civic Marina, community recreation facilities, and nearby beaches and outdoor destinations across the South Shore.
Schools serving the area are within the South Shore Regional Centre for Education, with local options in and around Mahone Bay and nearby Bridgewater for broader programs and services. Transit is limited; most residents rely on driving, with regional connectivity via Highway 103 to Bridgewater and Halifax (commuting is feasible but longer-distance). Real estate is dominated by older detached homes (including character/heritage properties) and some newer infill; supply tends to be tight. Recent market trends reflect post-2020 demand spillover from Halifax into the South Shore: strong price gains and competition for well-located properties, with a moderation in pace more recently. Rental demand is supported by limited long-term rental stock and regional employment in Bridgewater, though gross yields are typically moderate due to elevated purchase prices and the prevalence of owner-occupied and seasonal properties.
Mahone Bay’s Mahone Bay neighbourhood currently has 14 active listings with a median asking price of $474,500 and an average of $508 per square foot, pointing to relatively premium pricing. With homes averaging 200 days on market and only 2 new listings in the past 30 days, conditions suggest limited fresh supply but slower turnover, giving patient buyers room to negotiate while investors should underwrite for longer holding and marketing periods.
The median asking price in Mahone Bay is $529,450, across 10 active MLS® listings as of August 12, 2026. The average asking price is $738,880. These are list prices on homes currently for sale, not sale prices.
There are 10 active MLS® listings in Mahone Bay as of August 12, 2026. 1 of them came to market in the last 30 days.
Homes currently listed in Mahone Bay have been on the market an average of 173 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 10 homes currently listed in Mahone Bay, 50% vacant land, 30% detached houses, 10% townhouses.