Photo: Earth Science and Remote Sensing Unit , Lyndon B. Johnson Space Center · Public domainIn Murray River, Part 1, the average home is worth 37% more than the median one
In May 2021 the median owned home was worth $224,000 by its owner’s reckoning, the average one $306,000. The values date from May 2021 and are what owners thought their homes were worth, not sale prices. Statistics Canada doesn’t publish sales on Prince Edward Island, so nothing here says what Murray River, Part 1’s homes actually sold for.
Murray River, Part 1’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
- $306K
- Owners
- 515
- 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).
Murray River, Part 1’s detached houses are assessed 39% below the median of Prince Edward Island’s towns
Of Murray River, Part 1’s 815 residential properties on the 2024 roll, 80% are 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.
Major repairs needed: 11% of the homes in Murray River, Part 1, where Prince Edward Island’s towns have 7%
Of the 570 homes people lived in across Murray River, Part 1 at the 2021 census, 89% were single-detached houses. 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
| Murray River, Part 1 | Prince Edward Island | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 1% | 8% |
| Needing major repairs | 11% | 7% | 6% |
| Too small for the household | 3% | 3% | 3% |
| Households in core housing need | 4% | 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.
Murray River, Part 1 against Prince Edward Island’s towns: 22% 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.
Home values around Murray River, Part 1
The places around Murray River, Part 1 at the 2021 census: median and average value, and how many own. Murray River, Part 1 has few close neighbours with figures, so the list reaches 16–30 km out.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Murray River, Part 1 | $224K | $306K | 94% | |
| Three Rivers | $250K | $266K | 73% | 15.7 |
| Belfast | $232K | $256K | 92% | 22.4 |
| Vernon River | $250K | $287K | 92% | 29.6 |
Census 2021 values; km.
Questions about property prices in Murray River, Part 1
Is Murray River, Part 1 expensive for Prince Edward Island?
On census values, Murray River, Part 1 sits among the cheaper of Prince Edward Island’s towns (median $288,000).
How many households in Murray River, Part 1 are in core housing need?
About as many as elsewhere: 4% of households in Murray River, Part 1, 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).