Virgin Arm, Newfoundland and Labrador, Canada
As of August 12, 2026, the median asking price in Virgin Arm is $69,900, across 4 active MLS® listings.
Those listings have been on the market an average of 204 days.
Asking prices work out to about $103 per square foot, based on the 4 listings that report floor area.
Virgin Arm is a small, quiet outport-style community on the northern edge of New World Island (within the Virgin Arm–Carter’s Cove area) with a strongly coastal, rural character. Housing is predominantly detached single-family homes on larger lots, many owner-occupied with some seasonal or second-home use tied to the area’s boating, fishing, and shoreline lifestyle. Demographics skew older with many long-tenured residents, and overall demand is driven more by local employment, family ties, and lifestyle buyers than by strong in-migration.
Day-to-day amenities are limited within the immediate neighbourhood, with residents typically relying on nearby communities on New World Island and the broader Notre Dame Bay area for groceries, health services, and a fuller range of retail and recreation; access is car-dependent and there is no meaningful urban-style public transit. Schooling options are served through regional schools in surrounding communities rather than a dense cluster of neighbourhood schools. Real estate market activity is relatively thin (few sales, wider price dispersion), with values influenced by property condition, views/water access, and availability of year-round services; price growth can be choppy year-to-year, while long-run appreciation tends to track broader Newfoundland and Labrador rural/coastal trends. Rental demand exists but is limited and often tied to local tenants or seasonal/short-term stays, making yields moderate when occupancy is stable but with higher vacancy and liquidity risk than larger centres.
Virgin Arm currently has 4 active for-sale listings with a median asking price of $69,900 and an average of $103 per square foot. Homes are taking an average of 201 days on market, pointing to a slower-moving, price-sensitive environment where buyers may have time to compare options and negotiate. For investors, the low entry pricing is notable, but the long selling timelines suggest prioritizing rental demand, holding costs, and exit strategy before committing.
The median asking price in Virgin Arm is $69,900, across 4 active MLS® listings as of August 12, 2026. The average asking price is $117,400. These are list prices on homes currently for sale, not sale prices.
There are 4 active MLS® listings in Virgin Arm as of August 12, 2026.
Homes currently listed in Virgin Arm have been on the market an average of 204 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.