Derby, Prince Edward Island, Canada
As of August 12, 2026, the median asking price in Derby is $79,000, across 6 active MLS® listings.
Those listings have been on the market an average of 229 days.
Vacant land in Derby are listed at an average of $81,180 across 5 active listings.
Quiet fields, wide skies, old roads
Derby is Prince Edward Island at its most unhurried: a scattering of homes along country roads, working fields that change colour by the month, and the kind of night sky you don’t notice until you’ve lived without it. The community reads rural and practical rather than curated—mailboxes, tractors, and tidy yards—where neighbours know each other’s surnames and the pace is set by seasons, not schedules.
It’s a place built on land use more than landmarks. Long-time Island families remain the backbone, with newer arrivals drawn by space, privacy, and a lifestyle that trades convenience for calm. Day-to-day errands usually mean a short drive to nearby service centres for groceries, schools, and health care, while weekends lean toward beaches, farm stands, and local halls rather than big-ticket entertainment.
Real estate in Derby is defined by lots, not blocks: detached houses, older farm properties, and the occasional newer build tucked back from the road. Buyers tend to be families wanting elbow room, retirees downsizing from busier areas while keeping land, and lifestyle purchasers looking for a seasonal or semi-rural base. Pricing typically tracks PEI’s broader rural market—more attainable than Charlottetown and some coastal hotspots—though well-kept homes with acreage, updated systems, and reliable year-round access can command a premium.
Derby’s current market is quiet and price-accessible, with 7 active for-sale listings and a median asking price of $79,000. Homes are taking time to move, as shown by the 223-day average on market, giving buyers and investors added negotiating leverage and more room for due diligence. For investors, the pricing can be attractive, but the long selling timeline suggests focusing on value, rental demand, and holding costs before committing.
The median asking price in Derby is $79,000, across 6 active MLS® listings as of August 12, 2026. The average asking price is $109,317. These are list prices on homes currently for sale, not sale prices.
There are 6 active MLS® listings in Derby as of August 12, 2026.
Homes currently listed in Derby have been on the market an average of 229 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.