Green Meadows, Prince Edward Island
As of October 12, 2026, Green Meadows has 1 active MLS® listing.
Morell had a population of 1,209, a median household income of $78,500, 93% of households owning their home at the 2021 Census of Population. These figures describe the broader census geography, not Green Meadows specifically.
Green Meadows is a small, residential neighbourhood in the Green Meadows area of Prince Edward Island, characterized by low-rise housing, quiet streets, and a family-oriented feel. The demographic mix skews toward local working households, families, and some retirees, with many properties being detached or semi-detached homes on larger lots compared with PEI’s urban cores. Day-to-day amenities tend to be car-oriented and concentrated along nearby arterial routes rather than within the subdivision itself, with residents typically relying on short drives for groceries, services, recreation, and healthcare.
From an investment perspective, the neighbourhood behaves more like a small-town/outer-suburban PEI market: stable tenant demand (often longer-term leases) and comparatively attainable purchase prices, but thinner turnover and fewer purpose-built rental options. Schools and community facilities in the broader area support steady owner-occupier demand, while limited transit coverage means most tenants need a vehicle. Recent market trends have been shaped by PEI’s broader post-2020 run-up followed by normalization: price growth has moderated, but rental demand remains supported by tight provincial vacancy conditions and constrained new supply, keeping yields relatively favorable versus larger Canadian cities.
Green Meadows, PEI shows an extremely thin for-sale market right now with just 1 active listing, carrying a median asking price of $450,000. That lone listing has been on the market for an average of 542 days so far, pointing to slower turnover and potentially more room for negotiation for buyers and investors, though the single-listing snapshot makes citywide comparisons across different areas and housing types limited.
AI-written commentary on the active MLS® listing snapshot as of September 17, 2026. Not financial advice.
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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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