Guest, Sign inJoin
St. Alexis Roman Catholic Church Cross, Rollo Bay, Prince Edward IslandPhoto: Hayden Soloviev · CC BY 4.0
A+Cost of living Grade
Property prices in Souris · Census 2021 and Statistics Canada

Homes in Souris are worth 31% less than the median of Prince Edward Island’s towns

The 2021 census gives $200,000 as the median value; Prince Edward Island’s towns come to $288,000. What homes sold for in Souris isn’t public: no sale figures are released on Prince Edward Island. For 2024, the median assessed value of a residential property is $109,000.

Median home value
$200K
owners’ estimate, census 2021
average $248K
Median assessed value
$109K
all residential, 2024
Owner households
670
census 2021
92% of households
What homes are worth

Two ways to price a home in Souris

Each source sits beside its own median for Prince Edward Island’s towns; none compares across provinces, which value homes in their own ways. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since.

Census 2021$200K

median, owners’ estimate

Average
$248K
Owners
670
Prince Edward Island’s towns
$288K
The typical Canadian town
$406K
Assessed, 2024$109K

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

Souris’s detached houses are assessed 33% below the median of Prince Edward Island’s towns

Detached houses account for 85% of the 1,105 properties on Souris’s 2024 roll.

Assessed value

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

Detached houses$116K
Mobile homes$58K
Multi-unit properties$148K
The mix of properties
Detached houses85%
Multi-unit properties8%
Mobile homes7%

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

Major repairs needed: 10% of the homes in Souris, where Prince Edward Island’s towns have 7%

745 occupied homes stood in Souris in 2021, and single-detached houses made up 91% of them. At least half predate 1981.

When they were built

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

Before 196130%
1961–198020%
1981–200029%
2001–201516%
2016–20214%
What kind of home

Homes by kind

Single-detached houses91%
Semi-detached housesunder 1%
Flats in a duplex1%
Apartments, under 5 storeys2%
Movable dwellings7%
Against the median town of the province and of Canada
SourisPrince Edward IslandCanada
Condominiumsunder 1%1%8%
Needing major repairs10%7%6%
Too small for the household3%3%3%
Households in core housing need10%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

Souris against Prince Edward Island’s towns: 31% under the $288,000 median

The census values of Prince Edward Island’s towns, 12 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

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

Souris’s neighbours by home value

The places around Souris at the 2021 census: median and average value, and how many own. The nearest places to Souris with figures are 10–44 km away.

SourisMorellThree RiversMurray River, Part 1East River, Part 1SourisMorellThree RiversMurray River, Part 1East River, Part 1Souris
Prices next door
TownMedian home valueAverageOwnerskm
Souris$200K$248K92%
Souris$200K$206K57%9.6
Morell$224K$251K93%30.2
Three Rivers$250K$266K73%31
Murray River, Part 1$224K$306K94%43.4
East River, Part 1$250K$292K93%44.1

Census 2021 values; km.

Questions about property prices in Souris

How many households in Souris are in core housing need?

Statistics Canada puts 10% of Souris’s households in core housing need, a higher share than the 5% of Prince Edward Island’s towns.

Is Souris expensive for Prince Edward Island?

Less than most: Prince Edward Island’s towns have a median of $288,000, and Souris sits below 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).