Salmon Cove, Newfoundland and Labrador, Canada
As of August 12, 2026, the median asking price in Salmon Cove is $69,900, across 3 active MLS® listings.
Those listings have been on the market an average of 39 days.
2 new listings came to market in Salmon Cove in the last 30 days.
Salmon Cove is a small, coastal-rural community in the municipality of Portugal Cove–St. Philip’s on Newfoundland’s Avalon Peninsula. The neighbourhood is characterized by low-density housing, larger lots, ocean views in places, and a quiet lifestyle that attracts long-term residents, families, and downsizers seeking space and privacy. Demographics skew toward owner-occupiers with stable household profiles; rental demand exists but is thinner and more seasonal than in St. John’s, with many tenants valuing vehicle access and proximity to nature rather than walkability.
Amenities are primarily car-oriented, with daily services and larger retail concentrated in nearby Portugal Cove–St. Philip’s and the St. John’s metro area (including schools, healthcare, and major shopping). Local recreation is a strong draw—coastal scenery, trails, and outdoor activities—supporting lifestyle-driven purchasing and some short-term/seasonal accommodation interest where permitted. Transit service is limited, making commuting and tenant demand highly dependent on driving. Real estate trends typically reflect the broader Avalon market: modest inventory, slower turnover, and price performance tied to interest-rate sensitivity and St. John’s spillover demand, with detached homes dominating and limited purpose-built rental stock keeping gross yields moderate rather than high.
In Salmon Cove’s Salmon Cove neighbourhood, current live market data is limited, so clear pricing and demand trends aren’t yet showing up in the numbers. Buyers and investors should expect higher uncertainty around fair value and time on market, making recent comparable sales and local on-the-ground insights especially important until more data becomes available.
Walk Score 0
The median asking price in Salmon Cove is $69,900, across 3 active MLS® listings as of August 12, 2026. The average asking price is $137,600. These are list prices on homes currently for sale, not sale prices.
There are 3 active MLS® listings in Salmon Cove as of August 12, 2026. 2 of them came to market in the last 30 days.
Homes currently listed in Salmon Cove have been on the market an average of 39 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Salmon Cove has a Walk Score of 0 out of 100, which Walk Score classifies as Car-Dependent — almost all errands require a car.