South River, Newfoundland & Labrador, Canada
As of August 12, 2026, the median asking price in South River is $116,950, across 6 active MLS® listings.
Those listings have been on the market an average of 72 days.
3 new listings came to market in South River in the last 30 days.
Asking prices work out to about $107 per square foot, based on the 4 listings that report floor area.
South River is a small, rural neighbourhood within the community of South River in Newfoundland & Labrador, characterized by low-density housing, a quiet coastal/outport feel, and a strong owner-occupier presence. Demographics tend to skew toward families and older residents, with modest in-migration tied to lifestyle moves and seasonal/second-home ownership. The housing stock is primarily detached single-family homes on larger lots, with limited purpose-built rental inventory and relatively low turnover compared with urban markets.
Amenities are local and practical—small community services, nearby recreation and access to surrounding bays, and short drives to larger service centres for major shopping and healthcare. Schooling options are generally limited within the immediate area, with students often busing to schools in nearby towns depending on catchments. Transit is car-dependent with no meaningful public transit service, so proximity to highways/arterial roads and winter accessibility matter for both residents and tenants. Real estate trends are typically price-sensitive with periods of thin sales volume; values can move quickly on small sample sizes, and demand is strongest for well-maintained homes, newer builds, or properties with water views/modern systems, while dated homes may sit longer and require concessions.
South River’s market currently has 57 active for-sale listings with a median asking price of $185,000 and an average of $196 per square foot, suggesting broadly attainable pricing with some variation by property type and condition. Homes are taking an average of 117 days to sell, pointing to a slower-paced, negotiation-friendly environment for buyers and patient investors. With 12 new listings in the past 30 days, fresh inventory is still coming online, offering more choice and potential leverage on terms.
The median asking price in South River is $116,950, across 6 active MLS® listings as of August 12, 2026. The average asking price is $176,400. These are list prices on homes currently for sale, not sale prices.
There are 6 active MLS® listings in South River as of August 12, 2026. 3 of them came to market in the last 30 days.
Homes currently listed in South River have been on the market an average of 72 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.