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Property prices in O'Leary · Census 2021 and Statistics Canada

O'Leary sits 40% below Prince Edward Island’s towns on home values

The 2021 census gives $174,000 as the median value; Prince Edward Island’s towns come to $288,000. Statistics Canada’s housing statistics carry no sale prices on Prince Edward Island; the census value stands in for O'Leary. Assessors valued the median residential property at $74,400 for 2024.

Median home value
$174K
owners’ estimate, census 2021
average $206K
Median assessed value
$74K
all residential, 2024
Owner households
930
census 2021
92% of households
What homes are worth

What O'Leary’s homes are worth, two ways

Two sources, each set against Prince Edward Island’s towns only: provinces measure value differently, so they don’t line up across borders. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates.

Census 2021$174K

median, owners’ estimate

Average
$206K
Owners
930
Prince Edward Island’s towns
$288K
The typical Canadian town
$406K
Assessed, 2024$74K

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 O'Leary carry assessments 55% under the middle of Prince Edward Island’s towns

Detached houses account for 86% of the 1,425 properties on O'Leary’s 2024 roll.

Assessed value

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

Detached houses$78K
Mobile homes$46K
Multi-unit properties$99K
The mix of properties
Detached houses86%
Multi-unit properties7%
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

Before 1961: 43% of the homes in O'Leary, where Prince Edward Island’s towns have 21%

The 2021 census counted 1,030 occupied homes in O'Leary; 92% of them are single-detached houses.

When they were built

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

Before 196143%
1961–198025%
1981–200024%
2001–20155%
2016–20212%
What kind of home

Homes by kind

Single-detached houses92%
Semi-detached houses1%
Row houses1%
Apartments, under 5 storeysunder 1%
Other attached1%
Movable dwellings6%
Against the median town of the province and of Canada
O'LearyPrince Edward IslandCanada
Condominiumsunder 1%1%8%
Needing major repairs8%7%6%
Too small for the household2%3%3%
Households in core housing need6%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

O'Leary against Prince Edward Island’s towns: 40% 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.

Median value, census 2021

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

Lower values near O'Leary: O'Leary

Next to O'Leary: 2021 census values and the share of owners.

O'LearyAlbertonAlbertonCentral PrinceO'LearyAlbertonAlbertonCentral PrinceO'Leary
Prices next door
TownMedian home valueAverageOwnerskm
O'Leary$174K$206K92%
O'Leary$150K$176K38%1.6
Alberton$250K$255K92%12.3
Alberton$250K$252K38%15.4
Central Prince$180K$201K90%19

Census 2021 values; km.

Questions about property prices in O'Leary

Is O'Leary expensive for Prince Edward Island?

Cheaper than the middle: Prince Edward Island’s towns come to $288,000, O'Leary to less.

How many households in O'Leary are in core housing need?

In O'Leary, 6% of households are in core housing need, close to the 5% of Prince Edward Island’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.

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).