Photo: Earth Science and Remote Sensing Unit , Lyndon B. Johnson Space Center · Public domainA median $300,000: what owners say homes in New Glasgow are worth
The census of 2021 asked 1,430 owner households what their home was worth. No sales are published for towns on Prince Edward Island, New Glasgow included, so owners’ values are the measure. On the 2024 assessment, the middle residential property is valued at $158,000.
What New Glasgow’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. The census asks owners what their home would sell for, so the values are estimates from May 2021.
median, owners’ estimate
- Average
- $331K
- Owners
- 1,430
- 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).
New Glasgow’s detached houses are assessed 9% above the median of Prince Edward Island’s towns
Assessors listed 2,360 residential properties in New Glasgow for 2024, 82% 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.
How New Glasgow’s homes break down, by age and kind
At the 2021 census, 95% of New Glasgow’s 1,700 occupied homes were single-detached houses. Half went up before 2001.
Homes by period of construction the tick is the median of Prince Edward Island’s towns
Homes by kind
| New Glasgow | Prince Edward Island | Canada | |
|---|---|---|---|
| Condominiums | 1% | 1% | 8% |
| Needing major repairs | 9% | 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.
New Glasgow sits near the middle of Prince Edward Island’s towns ($288,000)
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 New Glasgow: Miltonvale Park
The places around New Glasgow at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| New Glasgow | $300K | $331K | 87% | |
| Miltonvale Park | $280K | $300K | 88% | 9.7 |
| Kingston | $348K | $354K | 96% | 13.3 |
| North Shore | $348K | $372K | 86% | 17.3 |
| Cornwall | $324K | $358K | 67% | 18.7 |
| Charlottetown | $348K | $379K | 46% | 18.9 |
| New London | $320K | $362K | 91% | 19.1 |
Census 2021 values; km.
Questions about property prices in New Glasgow
How many households in New Glasgow are in core housing need?
6% of New Glasgow’s households, near the 5% of Prince Edward Island’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Is New Glasgow expensive for Prince Edward Island?
Neither more nor less: Prince Edward Island’s towns have a median of $288,000, and New Glasgow is near it.
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).