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O'Leary, PEI (36115695081)Photo: Larry from Charlottetown, PEI, Canada · CC BY 2.0
CCost of living Grade
Property prices in O'Leary · Census 2021 and Statistics Canada

Owners 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.

Median home value
$150K
owners’ estimate, census 2021
average $176K
Median assessed value
$81K
all residential, 2024
New homes a year
5
permits, 2018–2023
15.3 per 1,000 homes
Owner households
145
census 2021
38% of households
What homes are worth

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.

Census 2021$150K

median, owners’ estimate

Average
$176K
Owners
145
Prince Edward Island’s towns
$288K
The typical Canadian town
$406K
Assessed, 2024$81K

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

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.

Assessed value

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

Detached houses$79K
Multi-unit properties$174K
The mix of properties
Detached houses70%
Multi-unit properties16%

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

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.

When they were built

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

Before 196133%
1961–198022%
1981–200026%
2001–201512%
2016–20217%
What kind of home

Homes by kind

Single-detached houses52%
Semi-detached houses7%
Row houses21%
Flats in a duplex1%
Apartments, under 5 storeys16%
Movable dwellings1%
Against the median town of the province and of Canada
O'LearyPrince Edward IslandCanada
Condominiumsunder 1%1%8%
Needing major repairs9%7%6%
Too small for the household9%3%3%
Households in core housing need20%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 homes

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.

Permits by year, 2018–2023

A peak in 2019: 15 new homes

Single-unit buildingsTwo or more units
051015201820192020202120222023
The pace

New homes a year per 1,000 homes

O'Leary15.3
Prince Edward Island’s towns25.7
The typical Canadian town13.8
$541K
of new residential construction a year, 2019–2023

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.

Across Prince Edward Island

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.

Median value, census 2021

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.

O'LearyAlbertonAlbertonO'LearyAlbertonAlbertonO'Leary
Prices next door
TownMedian home valueAverageOwnerskm
O'Leary$150K$176K38%
O'Leary$174K$206K92%1.6
Alberton$250K$255K92%13
Alberton$250K$252K38%16.4

Census 2021 values; km.

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).