Photo: Quintin Soloviev · CC BY 4.0Homes in Summerside are worth a median $250,000
That figure comes from 3,775 owner households at the 2021 census. There is no public record of sale prices on Prince Edward Island, which leaves the census value as the guide for Summerside. On the 2024 assessment, the middle residential property is valued at $159,000.
What Summerside’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. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since.
median, owners’ estimate
- Average
- $262K
- Owners
- 3,775
- 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).
On the assessment roll, Summerside’s houses sit 9% below Prince Edward Island’s towns
Detached houses account for 74% of the 4,580 properties on Summerside’s 2024 roll; condos for 2%.
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.
The homes of Summerside, by period and type
At the 2021 census, 49% of Summerside’s 7,090 occupied homes were single-detached houses. The older half dates from before 1981.
Homes by period of construction the tick is the median of Prince Edward Island’s towns
Homes by kind
| Summerside | Prince Edward Island | Canada | |
|---|---|---|---|
| Condominiums | 3% | 1% | 8% |
| Needing major repairs | 7% | 7% | 6% |
| Too small for the household | 4% | 3% | 3% |
| Households in core housing need | 8% | 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.
33.8 new homes a year per 1,000 in Summerside: more than Prince Edward Island’s towns (25.7)
Over 2018–2023, 1,253 homes were permitted in Summerside, close to 209 each year. Multi-unit buildings took most: single-unit ones were just 12%, where Prince Edward Island’s towns built 27%.
The busiest year: 2023, with 465 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.
Summerside is 13% below the $288,000 median of Prince Edward Island’s towns
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 Summerside: Kensington, Kinkora and Wellington
The places around Summerside at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Summerside | $250K | $262K | 53% | |
| Miscouche | $260K | $268K | 77% | 6.3 |
| Kensington, Part 1 | $276K | $299K | 86% | 11.3 |
| Kensington | $200K | $224K | 56% | 12 |
| Kinkora | $224K | $260K | 94% | 13.9 |
| Malpeque Bay | $250K | $287K | 90% | 15.4 |
| Wellington | $200K | $232K | 94% | 18.2 |
Census 2021 values; km.
Questions about property prices in Summerside
How many households in Summerside are in core housing need?
In Summerside, 8% of households are in core housing need, against 5% for Prince Edward Island’s towns: their home costs too much, is too small or needs major repairs, and nothing suitable nearby costs under 30% of their income.
Is Summerside expensive for Prince Edward Island?
Cheaper than the middle: Prince Edward Island’s towns come to $288,000, Summerside to less.
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).