Farmington, Prince Edward Island, Canada
As of August 12, 2026, the median asking price in Farmington is $125,000, across 3 active MLS® listings.
Those listings have been on the market an average of 693 days.
Farmington is a small rural community in Prince Edward Island characterized by low-density housing, larger lots, and a quiet, agricultural landscape. The population mix tends to be families and long-term residents, with some newcomers seeking affordability and a slower pace of life compared with Charlottetown and other larger centres. Day-to-day amenities are limited locally, so residents typically drive to nearby towns for groceries, healthcare, and services; recreation is oriented around outdoor space, community facilities, and seasonal activities common to rural PEI.
Real estate in Farmington is generally comprised of detached homes, farmhouses, and properties with acreage, with transaction volumes that can be thin and pricing that is more variable than in urban neighbourhoods. Demand is influenced by broader PEI migration trends, interest in lifestyle properties, and buyers priced out of more central markets. Rental supply is typically limited and more single-home based (as opposed to purpose-built rentals), with rents supported by province-wide tight vacancy but moderated by the area’s smaller tenant pool and car-dependent location. Overall, the market profile suits investors seeking stable, modest cash flow and longer-term appreciation rather than high-turnover urban rental strategies.
Farmington currently has 4 active listings with a median asking price of $112,000, pointing to an affordable segment with limited immediate selection. With listings averaging 527 days on market, conditions suggest slower demand and a patient buyer’s market, where purchasers and investors may have added leverage to negotiate price and terms—while also budgeting for longer holding times and potential property updates.
The median asking price in Farmington is $125,000, across 3 active MLS® listings as of August 12, 2026. The average asking price is $151,332. These are list prices on homes currently for sale, not sale prices.
There are 3 active MLS® listings in Farmington as of August 12, 2026.
Homes currently listed in Farmington have been on the market an average of 693 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.