Cascumpec

Cascumpec, Prince Edward Island, Canada

Market snapshot

As of August 12, 2026, the median asking price in Cascumpec is $219,000, across 7 active MLS® listings.

Those listings have been on the market an average of 166 days.

1 new listing came to market in Cascumpec in the last 30 days.

About Cascumpec

Cascumpec is a small, rural coastal community in western Prince Edward Island characterized by open farmland, scattered homes and cottages, and strong ties to fishing and seasonal tourism. The area tends to skew older with many owner-occupied households, plus a meaningful seasonal population tied to summer residences and short-term stays. Amenities within Cascumpec itself are limited (local services are sparse), with most day-to-day shopping, healthcare, and dining accessed via nearby service centres such as Tignish, Alberton, and Summerside; outdoor recreation and beach access are key draws.

Schools are typically accessed in nearby towns rather than within the immediate neighbourhood, and car dependency is the norm—public transit is minimal to non-existent, so commuting relies on private vehicles. The real estate market is dominated by detached homes, hobby-farm properties, and cottages, with pricing influenced by waterfront proximity and the seasonal market. Investment performance is generally driven by lifestyle demand and short-term/seasonal rentals, while year-round rental demand is thinner than in Charlottetown or Summerside; as a result, yields are moderate and vacancy risk can be higher outside peak season, but longer-term price trends have benefited from province-wide demand for PEI properties and limited supply.

Market pulse

Cascumpec currently has 14 active listings with a median asking price of $364,450 and an average of $233/sqft, suggesting pricing is holding but with selectivity by size and quality. Homes are taking an average of 137 days to sell and only 1 new listing came on in the past 30 days, pointing to a slower-moving, low-turnover market where buyers may have time to negotiate while investors should underwrite for longer holding periods.

Frequently asked questions about Cascumpec

What is the average home price in Cascumpec?

The median asking price in Cascumpec is $219,000, across 7 active MLS® listings as of August 12, 2026. The average asking price is $326,814. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Cascumpec?

There are 7 active MLS® listings in Cascumpec as of August 12, 2026. 1 of them came to market in the last 30 days.

How long do homes stay on the market in Cascumpec?

Homes currently listed in Cascumpec have been on the market an average of 166 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.

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How these figures are calculated