Photo: WabbitWanderer from London, Canada · CC BY-SA 2.0Owners in Souris value their homes 31% below the median of Prince Edward Island’s towns
At the 2021 census the median home was worth $200,000, where Prince Edward Island’s towns sit at $288,000. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates. What homes sold for in Souris isn’t public: no sale figures are released on Prince Edward Island.
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.
median, owners’ estimate
- Average
- $206K
- Owners
- 280
- 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).
Houses in Souris carry assessments 47% under the middle of Prince Edward Island’s towns
Detached houses account for 70% of the 495 properties on Souris’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.
An older stock than most: 29% of Souris’s homes go back before 1961 (Prince Edward Island’s towns: 21%)
Of the 480 homes people lived in across Souris at the 2021 census, 54% were single-detached houses.
Homes by period of construction the tick is the median of Prince Edward Island’s towns
Homes by kind
| Souris | Prince Edward Island | Canada | |
|---|---|---|---|
| Condominiums | 4% | 1% | 8% |
| Needing major repairs | 6% | 7% | 6% |
| Too small for the household | under 1% | 3% | 3% |
| Households in core housing need | 9% | 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.
Souris is cheaper than most of Prince Edward Island’s towns: 31% 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.
Souris’s neighbours by home value
Next to Souris: 2021 census values and the share of owners. The nearest places to Souris with figures are 10–44 km away.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Souris | $200K | $206K | 57% | |
| Souris | $200K | $248K | 92% | 9.6 |
| Three Rivers | $250K | $266K | 73% | 33.9 |
| Morell | $224K | $251K | 93% | 38.7 |
| Murray River, Part 1 | $224K | $306K | 94% | 43.5 |
Census 2021 values; km.
Questions about property prices in Souris
How many households in Souris are in core housing need?
9% of Souris’s households, above the 5% of Prince Edward Island’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.
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).