Cornwall

Cornwall, Ontario, Canada

Market snapshot

As of August 13, 2026, the median asking price in Cornwall is $448,500, across 265 active MLS® listings.

Those listings have been on the market an average of 79 days.

71 new listings came to market in Cornwall in the last 30 days.

Asking prices work out to about $164 per square foot, based on the 22 listings that report floor area.

Detached homes in Cornwall are listed at an average of $482,207 across 158 active listings.

Vacant land in Cornwall are listed at an average of $1,023,035 across 20 active listings.

Condos in Cornwall are listed at an average of $400,141 across 19 active listings.

Multi-family properties in Cornwall are listed at an average of $1,053,906 across 18 active listings.

About Cornwall

Cornwall is a suburban, family-oriented community immediately west of Charlottetown, anchored by the Trans-Canada Highway (Route 1) and easy access to the city via the Route 2/Lower Malpeque Road corridor. The neighbourhood character is primarily newer subdivisions and low-rise residential with pockets of older housing stock, attracting young families, professionals commuting into Charlottetown, and downsizers looking for quieter streets and modern homes. Key amenities include the Cornwall Civic Centre (library, rink, gym/fitness programming), nearby big-box shopping and services in West Royalty/Charlottetown within a short drive, and recreation options like trails and sports fields; beaches and golf are also accessible within a reasonable drive across central PEI.

Schools are a major draw, with Glen Stewart Primary and Eliot River Elementary serving the area (catchments vary), plus nearby middle/high school options in the greater Charlottetown area; the community has a strong minor sports and community-program culture. Transit is limited compared to larger cities—most residents rely on cars—though Charlottetown’s amenities and employment nodes are close enough to keep commute times manageable. Real estate tends toward single-detached homes and newer townhomes/semis, with tight supply and steady in-migration supporting prices; rental demand is driven by households priced out of Charlottetown and workers/students seeking proximity without downtown costs, keeping rents resilient but yields typically moderate due to elevated purchase prices.

Market pulse

Cornwall’s market currently has 300 active for-sale listings with a median asking price of $459,999 and an average of $163/sqft, giving buyers and investors a wide selection and clear pricing benchmarks. Homes are taking about 81 days on market, suggesting a more measured pace that can support negotiation, even as 76 new listings in the past 30 days point to steady incoming supply.

Frequently asked questions about Cornwall

What is the average home price in Cornwall?

The median asking price in Cornwall is $448,500, across 265 active MLS® listings as of August 13, 2026. The average asking price is $572,064. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Cornwall?

There are 265 active MLS® listings in Cornwall as of August 13, 2026. 71 of them came to market in the last 30 days.

How long do homes stay on the market in Cornwall?

Homes currently listed in Cornwall have been on the market an average of 79 days as of August 13, 2026. This measures how long active listings have been available so far, not how long they take to sell.

What types of homes are for sale in Cornwall?

Of the 265 homes currently listed in Cornwall, 60% detached houses, 8% vacant land, 7% condos, 7% multi-family homes.

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How these figures are calculated