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Property prices in Kensington · Census 2021 and Statistics Canada

Home values in Kensington run 31% lower than the median of Prince Edward Island’s towns

Owners put the median home at $200,000 at the 2021 census; for Prince Edward Island’s towns the median is $288,000. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices. What homes sold for in Kensington isn’t public: no sale figures are released on Prince Edward Island.

Median home value
$200K
owners’ estimate, census 2021
average $224K
Median assessed value
$144K
all residential, 2024
Owner households
480
census 2021
56% of households
What homes are worth

What Kensington’s homes are worth, two ways

Every figure here is compared within the province, against Prince Edward Island’s towns, since each province assesses on its own terms.

Census 2021$200K

median, owners’ estimate

Average
$224K
Owners
480
Prince Edward Island’s towns
$288K
The typical Canadian town
$406K
Assessed, 2024$144K

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

Houses in Kensington carry assessments 19% under the middle of Prince Edward Island’s towns

Assessors listed 575 residential properties in Kensington for 2024, 76% of them detached houses.

Assessed value

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

Detached houses$140K
Semi-detached$185K
Multi-unit properties$375K
The mix of properties
Detached houses76%
Multi-unit properties10%
Semi-detached6%

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

Major repairs needed: 10% of the homes in Kensington, where Prince Edward Island’s towns have 7%

Kensington had 865 occupied homes at the 2021 census, 55% of them single-detached houses. Half or more were standing by 1980.

When they were built

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

Before 196128%
1961–198023%
1981–200015%
2001–201527%
2016–20218%
What kind of home

Homes by kind

Single-detached houses55%
Semi-detached houses14%
Row houses8%
Flats in a duplex1%
Apartments, under 5 storeys15%
Movable dwellings9%
Against the median town of the province and of Canada
KensingtonPrince Edward IslandCanada
Condominiums6%1%8%
Needing major repairs10%7%6%
Too small for the household1%3%3%
Households in core housing need9%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

Kensington is cheaper than most of Prince Edward Island’s towns: 31% under their $288,000 median

12 of Prince Edward Island’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

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

Kensington’s neighbours by home value

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

Kensington, Part 1Malpeque BayNew LondonKinkoraSummersideMiscoucheKensington, Part 1Malpeque BayNew LondonKinkoraSummersideMiscoucheKensington
Prices next door
TownMedian home valueAverageOwnerskm
Kensington$200K$224K56%
Kensington, Part 1$276K$299K86%0.8
Malpeque Bay$250K$287K90%7.6
New London$320K$362K91%7.8
Kinkora$224K$260K94%9.7
Summerside$250K$262K53%12
Miscouche$260K$268K77%17.1

Census 2021 values; km.

Questions about property prices in Kensington

How many households in Kensington are in core housing need?

9% of Kensington’s households, above the 5% of Prince Edward Island’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.

Is Kensington expensive for Prince Edward Island?

On census values, Kensington sits among the cheaper of Prince Edward Island’s towns (median $288,000).

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).