Georgetown

Georgetown, Prince Edward Island, Canada

Market snapshot

As of August 13, 2026, the median asking price in Georgetown is $157,450, across 18 active MLS® listings.

Those listings have been on the market an average of 113 days.

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

Detached homes in Georgetown are listed at an average of $399,290 across 10 active listings.

Vacant land in Georgetown are listed at an average of $124,257 across 7 active listings.

About Georgetown

Georgetown is the historic county seat of Kings County on PEI’s eastern shore, centered around a working waterfront on Cardigan Bay and a compact, walkable main street. Housing is predominantly older detached homes (many heritage-era) mixed with modest infill, with a small-town demographic profile that skews toward families and older residents, plus seasonal residents and short-stay visitors during summer. The neighbourhood’s character is quiet and coastal, with strong community identity and proximity to beaches and outdoor recreation across the Three Rivers area.

Key amenities include local grocery and services, waterfront parks and trails, the Kings Playhouse (a major cultural draw), and access to regional healthcare and retail in Montague (roughly 10–15 minutes by car). Schools are served through the Public Schools Branch with nearby options in the area (notably in/around Montague for broader programming). Transit is limited; most mobility is car-dependent, which shapes tenant demand toward households seeking affordability and lifestyle rather than commuter access. Real estate trends are influenced by PEI-wide in-migration and constrained inventory: prices have risen notably since 2019–2020, though momentum has cooled from peak pandemic-era conditions. Investment performance tends to favor long-term holds and selective short-term/seasonal strategies near the waterfront, with stable but not high rents relative to purchase prices.

Market pulse

Georgetown’s market currently has 19 active listings with a median asking price of $155,000, giving buyers a solid range of options at an accessible price point. With homes averaging 111 days on market, conditions appear more patient than competitive, which can create room for negotiation and due diligence. For investors, the slower pace may support value-focused acquisitions, but it also underscores the importance of pricing and cash-flow analysis to avoid extended holding periods.

Frequently asked questions about Georgetown

What is the average home price in Georgetown?

The median asking price in Georgetown is $157,450, across 18 active MLS® listings as of August 13, 2026. The average asking price is $279,033. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Georgetown?

There are 18 active MLS® listings in Georgetown as of August 13, 2026. 1 of them came to market in the last 30 days.

How long do homes stay on the market in Georgetown?

Homes currently listed in Georgetown have been on the market an average of 113 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 Georgetown?

Of the 18 homes currently listed in Georgetown, 56% detached houses, 39% vacant land, 6% multi-family homes.

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How these figures are calculated