Photo: Marty Aligata · CC BY-SA 4.0A median $232,000: what owners say homes in Belfast are worth
Behind it are the answers of 590 owners at the 2021 census. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices. Statistics Canada’s housing statistics carry no sale prices on Prince Edward Island; the census value stands in for Belfast.
Belfast’s homes, by two sources
Each source sits beside its own median for Prince Edward Island’s towns; none compares across provinces, which value homes in their own ways.
median, owners’ estimate
- Average
- $256K
- Owners
- 590
- Prince Edward Island’s towns
- $288K
- The typical Canadian town
- $406K
all residential
- Prince Edward Island’s towns
- $159K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Belfast’s detached houses are assessed 35% below the median of Prince Edward Island’s towns
Assessors listed 1,095 residential properties in Belfast for 2024, 85% of them detached houses.
Median assessment by type, 2024 the tick is the median of Prince Edward Island’s towns
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 Prince Edward Island’s towns with their own figure; assessments compare within a province only.
An older stock than most: 42% of Belfast’s homes go back before 1961 (Prince Edward Island’s towns: 21%)
Belfast had 675 occupied homes at the 2021 census, 93% of them single-detached houses.
Homes by period of construction the tick is the median of Prince Edward Island’s towns
Homes by kind
| Belfast | Prince Edward Island | Canada | |
|---|---|---|---|
| Condominiums | 2% | 1% | 8% |
| Needing major repairs | 10% | 7% | 6% |
| Too small for the household | 2% | 3% | 3% |
| Households in core housing need | 6% | 5% | 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.
Belfast against Prince Edward Island’s towns: 19% under the $288,000 median
12 of Prince Edward Island’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Belfast’s neighbours by home value
The places around Belfast at the 2021 census: median and average value, and how many own. Distances here run 17–24 km: that is how far the nearest places with figures are from Belfast.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Belfast | $232K | $256K | 92% | |
| Vernon River | $250K | $287K | 92% | 16.9 |
| Murray River, Part 1 | $224K | $306K | 94% | 22.4 |
| Crossroads | $332K | $362K | 91% | 22.5 |
| Stratford | $400K | $433K | 71% | 23.6 |
| Three Rivers | $250K | $266K | 73% | 24.3 |
Census 2021 values; km.
Questions about property prices in Belfast
Is Belfast expensive for Prince Edward Island?
Less than most: Prince Edward Island’s towns have a median of $288,000, and Belfast sits below it.
How many households in Belfast are in core housing need?
About as many as elsewhere: 6% of households in Belfast, where Prince Edward Island’s towns sit at 5%.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. 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).