Grand River, Prince Edward Island
As of September 26, 2026, the median asking price in Grand River is $89,450, across 16 active MLS® listings.
Those listings have been on the market an average of 889 days.
Vacant land in Grand River are listed at an average of $64,538 across 13 active listings.
Grand River is a small, coastal-rural neighbourhood/community in western Prince Edward Island characterized by quiet streets, detached homes on larger lots, and a strong connection to fishing, farming, and seasonal tourism. The population mix tends to skew toward long-time local families and older households, with a noticeable seasonal influx of visitors and part-time residents in summer. Day-to-day amenities are limited within the immediate area, so residents typically rely on nearby service centres for groceries, healthcare, and broader retail; recreation revolves around beaches, boating, and outdoor spaces common to PEI’s west coast.
Schools and most public services are generally accessed in surrounding communities rather than inside Grand River itself, and transportation is overwhelmingly car-dependent with minimal fixed-route transit. Real estate is dominated by single-family homes, cottages, and some rural properties, with demand influenced by lifestyle buyers and seasonal/short-term rental interest. Market trends tend to be more volatile than urban centres: pricing can be sensitive to interest rates and buyer sentiment, while rents are supported by constrained supply but capped by local wage levels outside peak tourist season.
Grand River’s for-sale market is currently small and slow-moving, with 16 active listings showing a median asking price of $89,450 and an average 881 days on market, reflecting wide variation across the city’s coastal, village, and rural areas and the mix of seasonal cottages, older modest homes, and larger acreage properties. With just 1 new listing in the past 30 days, fresh supply is limited, which can reward patient buyers and investors who compare value across different parts of the city and focus on properties that are newly priced, better maintained, or more competitively positioned.
AI-written commentary on the active MLS® listing snapshot as of September 18, 2026. Not financial advice.
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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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