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Property prices in Central Prince · Census 2021 and Statistics Canada

10% of households in Central Prince are in core housing need, against 5% for Prince Edward Island’s towns

In May 2021 the median owned home was worth $180,000 by its owner’s reckoning, the average one $201,000. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales. For Central Prince there is no published sale price, as for every town on Prince Edward Island.

Median home value
$180K
owners’ estimate, census 2021
average $201K
Median assessed value
$86K
all residential, 2024
Owner households
395
census 2021
90% of households
What homes are worth

What Central Prince’s homes are worth, two ways

Each source sits beside its own median for Prince Edward Island’s towns; none compares across provinces, which value homes in their own ways.

Census 2021$180K

median, owners’ estimate

Average
$201K
Owners
395
Prince Edward Island’s towns
$288K
The typical Canadian town
$406K
Assessed, 2024$86K

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).

By type of home

A detached house in Central Prince is assessed 47% lower than across Prince Edward Island’s towns

Of Central Prince’s 555 residential properties on the 2024 roll, 82% are detached houses.

Assessed value

Median assessment by type, 2024 the tick is the median of Prince Edward Island’s towns

Detached houses$92K
Mobile homes$48K
Multi-unit properties$98K
The mix of properties
Detached houses82%
Multi-unit properties10%
Mobile homes6%

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.

The homes

More homes in poor repair than most: 13% in Central Prince (Prince Edward Island’s towns: 7%)

The 2021 census counted 455 occupied homes in Central Prince; 91% of them are single-detached houses. Half went up before 1981.

When they were built

Homes by period of construction the tick is the median of Prince Edward Island’s towns

Before 196137%
1961–198032%
1981–200014%
2001–201512%
2016–20216%
What kind of home

Homes by kind

Single-detached houses91%
Semi-detached housesunder 1%
Row houses1%
Apartments, under 5 storeys1%
Movable dwellings5%
Against the median town of the province and of Canada
Central PrincePrince Edward IslandCanada
Condominiumsunder 1%1%8%
Needing major repairs13%7%6%
Too small for the household2%3%3%
Households in core housing need10%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.

Across Prince Edward Island

Central Prince against Prince Edward Island’s towns: 38% under the $288,000 median

The census values of Prince Edward Island’s towns, 12 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Home values around Central Prince

The places around Central Prince at the 2021 census: median and average value, and how many own.

WellingtonO'LearyWellingtonO'LearyCentral Prince
Prices next door
TownMedian home valueAverageOwnerskm
Central Prince$180K$201K90%
Wellington$200K$232K94%14.1
O'Leary$174K$206K92%19

Census 2021 values; km.

Questions about property prices in Central Prince

Is Central Prince expensive for Prince Edward Island?

Below the norm for Prince Edward Island’s towns, whose median home is worth $288,000; Central Prince’s is worth less.

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).