Photo: Larry from Charlottetown, PEI, Canada · CC BY 2.0Owners in O'Leary value their homes 48% below the median of Prince Edward Island’s towns
The census median was $150,000 in 2021, against $288,000 for Prince Edward Island’s towns. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since. Sale prices aren’t published on Prince Edward Island: what owners told the census is the figure to go on for O'Leary.
Two ways to price a home in O'Leary
Two sources, each set against Prince Edward Island’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $176K
- Owners
- 145
- 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).
O'Leary’s detached houses are assessed 54% below the median of Prince Edward Island’s towns
Detached houses account for 70% of the 315 properties on O'Leary’s 2024 roll.
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.
20% of O'Leary’s households are in core housing need, against 5% for Prince Edward Island’s towns
380 occupied homes stood in O'Leary in 2021, and single-detached houses made up 52% of them. 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
| O'Leary | Prince Edward Island | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 1% | 8% |
| Needing major repairs | 9% | 7% | 6% |
| Too small for the household | 9% | 3% | 3% |
| Households in core housing need | 20% | 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.
15.3 new homes a year per 1,000 in O'Leary: fewer than Prince Edward Island’s towns (25.7)
From 2018 to 2023, permits in O'Leary created 30 homes, about 5 a year. Single-unit buildings took 24%, the rest buildings of two or more, against 27% for Prince Edward Island’s towns.
A peak in 2019: 15 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.
O'Leary is cheaper than most of Prince Edward Island’s towns: 48% 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.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Home values around O'Leary
The places around O'Leary at the 2021 census: median and average value, and how many own.
Questions about property prices in O'Leary
Is O'Leary expensive for Prince Edward Island?
No: O'Leary’s census median is below 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).