Photo: Larry from Charlottetown, PEI, Canada · CC BY 2.0Owners in Stratford value their homes 39% above the median of Prince Edward Island’s towns
Owners put the median home at $400,000 at the 2021 census; for Prince Edward Island’s towns the median is $288,000. Statistics Canada’s housing statistics carry no sale prices on Prince Edward Island; the census value stands in for Stratford. The 2024 property assessment puts the median residential property at $272,000.
What Stratford’s homes are worth, two ways
Each source sits beside its own median for Prince Edward Island’s towns; none compares across provinces, which value homes in their own ways. Treat the values as owners’ May 2021 guesses: they are self-reported, and they come from before rates went up.
median, owners’ estimate
- Average
- $433K
- Owners
- 3,045
- 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).
A detached house in Stratford is assessed 72% higher than across Prince Edward Island’s towns
The 2024 assessment roll counts 3,935 homes in Stratford: detached houses make 79% of them, condos 6%.
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.
48% of Stratford’s homes are from 2001 or later, against 26% for Prince Edward Island’s towns
4,295 occupied homes stood in Stratford in 2021, and single-detached houses made up 66% of them.
Homes by period of construction the tick is the median of Prince Edward Island’s towns
Homes by kind
| Stratford | Prince Edward Island | Canada | |
|---|---|---|---|
| Condominiums | 9% | 1% | 8% |
| Needing major repairs | 3% | 7% | 6% |
| Too small for the household | 3% | 3% | 3% |
| Households in core housing need | 4% | 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.
25.7 new homes a year per 1,000 in Stratford: in step with Prince Edward Island’s towns (25.7)
From 2018 to 2023, permits in Stratford created 773 homes, about 129 a year. About 36% went into single-unit buildings, where Prince Edward Island’s towns built 27%.
A peak in 2018: 222 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.
Stratford is dearer than most of Prince Edward Island’s towns: 39% above 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.
Lower values near Stratford: Charlottetown, Crossroads and Cornwall
Next to Stratford: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Stratford | $400K | $433K | 71% | |
| Charlottetown | $348K | $379K | 46% | 5.8 |
| Crossroads | $332K | $362K | 91% | 5.9 |
| Cornwall | $324K | $358K | 67% | 8.3 |
| North Shore | $300K | $330K | 83% | 12.7 |
| Miltonvale Park | $280K | $300K | 88% | 15.1 |
| West River | $302K | $354K | 94% | 15.2 |
Census 2021 values; km.
Questions about property prices in Stratford
Is Stratford expensive for Prince Edward Island?
Above the norm for Prince Edward Island’s towns, whose median home is worth $288,000; Stratford’s is worth more.
How many households in Stratford are in core housing need?
In Stratford, 4% 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 · 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).