Georgetown, Prince Edward Island
As of September 27, 2026, the median asking price in Georgetown is $388,000, across 9 active MLS® listings.
Those listings have been on the market an average of 156 days.
Detached homes in Georgetown are listed at an average of $399,433 across 9 active listings.
Working waterfront and main-street coastal hub
Georgetown is a waterfront-centred place with a compact core and a distinctly coastal rhythm.
The area is defined by its working harbour on Cardigan Bay and an established, compact main street where a handful of daily needs can be met locally. The appeal is in waterfront character and a quieter setting with access to nearby recreation and culture; it is not a place built around car-free convenience or a broad, big-box level of shopping and services.
The day-to-day backdrop is a functioning harbour on Cardigan Bay, giving the area a practical, coastal focus rather than a purely resort feel.
A small, walkable core concentrates local stops like Daryls General Store and Wheelhouse in Georgetown into a single, easy-to-navigate centre.
Much of the housing stock is older detached homes, including many heritage-era properties, which draws people who want established character over uniform new builds.
Kings Playhouse, Maroon Pig Art Gallery and Sweet Shop, and Three Rivers Sportsplex provide a year-round cultural and recreation layer close to the area.
Housing in the area is predominantly older detached homes, including many heritage-era properties, with a layer of modest infill mixed in. The result is a streetscape where homes are less interchangeable and more dependent on individual condition and updates.
A typical home here is an older detached house, sometimes heritage-era, with varying levels of updating.
A weekend in Georgetown often revolves around the waterfront-centred core and simple local stops, with AA Macdonald Memorial Gardens as an easy outdoor pause. For bigger outings, the wider area’s options—like Kings Playhouse, Maroon Pig Art Gallery and Sweet Shop, and Three Rivers Sportsplex—add variety without changing the area’s quieter baseline.
In Georgetown, look past the asking price at how an older detached home has been maintained and updated, and how the location functions for day-to-day errands given the area’s low walk score.
With many older detached homes, the quality and consistency of maintenance matters. Pay close attention to the basics and the workmanship of any updates.
Walkability is limited overall, so confirm how your regular routine lines up with what’s in the local core versus what will require driving.
The area sees seasonal residents and summer visitors; consider whether you want a home that feels connected to that summer rhythm or more insulated from it.
If being close to specific destinations matters, map your day-to-day around the nearby anchors listed for the area, such as Georgetown Elementary School, AA Macdonald Memorial Gardens, and Three Rivers Sportsplex.
Selling in Georgetown works when the listing makes the setting and the day-to-day conveniences easy to picture: a working waterfront on Cardigan Bay, a compact main street, and nearby anchors like Daryls General Store and the Wheelhouse in Georgetown. Because the housing stock is largely older detached homes with heritage-era character alongside modest infill, buyers tend to focus on the specifics of each property rather than treating homes as interchangeable. Clear information on condition and what has been updated matters as much as curb appeal.
If your home relates to the working waterfront on Cardigan Bay, show that connection clearly in the photos and description, including what can be seen or accessed from the property without overstating it.
Make it simple to understand how the home fits with the compact, walkable main street and everyday stops like Daryls General Store and dining such as the Wheelhouse in Georgetown.
Where the home is an older detached property, highlight the character features buyers come here for, while being equally clear about the home’s present-day condition and any modernizations.
Point to nearby community touchpoints that help a buyer locate daily life in the area, such as Georgetown Elementary School, AA Macdonald Memorial Gardens, and Three Rivers Sportsplex.
Georgetown offers a working-waterfront setting on Cardigan Bay paired with a compact main-street core and an older detached-home mix that includes heritage-era properties. It stands out most for people who want an established coastal feel and are comfortable treating driving as the default for many errands. It is not a fit for someone prioritizing highly walkable day-to-day living or a broad, close-at-hand retail and services selection.
This description is compiled from the figures above and from published sources. It is not a statistic.
Georgetown, PEI’s current for-sale market is small and measured, with 9 active listings showing a median asking price of $388,000 and an average 156 days on market, suggesting buyers have time to compare options and negotiate on properties that have been listed for a while. Across the city—from the waterfront and harbour-adjacent streets to quieter residential pockets and more rural-edge lots—available housing tends to range from older, character homes and updated family properties to occasional newer builds, with pricing and appeal often reflecting proximity to services, views, and land size. For buyers and investors, the combination of limited inventory and longer listing times points to selective demand: well-presented, well-located homes can still stand out, while others may need sharper pricing or improvements to attract offers.
AI-written commentary on the active MLS® listing snapshot as of September 27, 2026. Not financial advice.
Walk Score 2 · Bike Score 27
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code.
Powered by CREA DDF®