Photo: Larry from Charlottetown, PEI, Canada · CC BY 2.0In Charlottetown, 39% of households live in an apartment (Prince Edward Island’s towns: 5%)
The middle home was worth $348,000 at the 2021 census, the average $378,800. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices. What homes sold for in Charlottetown isn’t public: no sale figures are released on Prince Edward Island.
Charlottetown’s homes, by two sources
Every figure here is compared within the province, against Prince Edward Island’s towns, since each province assesses on its own terms.
median, owners’ estimate
- Average
- $379K
- Owners
- 7,875
- 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).
Houses in Charlottetown carry assessments 40% over the middle of Prince Edward Island’s towns
The 2024 assessment roll counts 11,160 homes in Charlottetown: detached houses make 70% of them, condos 6%.
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.
The homes of Charlottetown, by period and type
Charlottetown had 17,185 occupied homes at the 2021 census. Half or more were standing by 1980.
Homes by period of construction the tick is the median of Prince Edward Island’s towns
Homes by kind
| Charlottetown | Prince Edward Island | Canada | |
|---|---|---|---|
| Condominiums | 5% | 1% | 8% |
| Needing major repairs | 6% | 7% | 6% |
| Too small for the household | 5% | 3% | 3% |
| Households in core housing need | 9% | 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.
Permits in Charlottetown ran at 25.2 homes a year per 1,000, near the 25.7 of Prince Edward Island’s towns
Building permits added 2,497 homes in Charlottetown between 2018 and 2023: some 416 a year. Very few were houses: 15% in single-unit buildings (Prince Edward Island’s towns: 27%).
The busiest year: 2022, with 518 new homes
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Charlottetown is dearer than most of Prince Edward Island’s towns: 21% above their $288,000 median
The census values of Prince Edward Island’s towns, 12 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Charlottetown: Cornwall, Miltonvale Park and North Shore
Next to Charlottetown: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Charlottetown | $348K | $379K | 46% | |
| Cornwall | $324K | $358K | 67% | 5.4 |
| Stratford | $400K | $433K | 71% | 5.8 |
| Crossroads | $332K | $362K | 91% | 9 |
| Miltonvale Park | $280K | $300K | 88% | 9.4 |
| North Shore | $300K | $330K | 83% | 10 |
| North Shore | $348K | $372K | 86% | 12.6 |
Census 2021 values; km.
Questions about property prices in Charlottetown
How many households in Charlottetown are in core housing need?
In Charlottetown, 9% of households are in core housing need, against 5% for Prince Edward Island’s towns: their home costs too much, is too small or needs major repairs, and nothing suitable nearby costs under 30% of their income.
Is Charlottetown expensive for Prince Edward Island?
Yes: Charlottetown’s census median is above the $288,000 of Prince Edward Island’s towns.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). 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).