Greenmount-Montrose

Greenmount-Montrose, Prince Edward Island, Canada

Market snapshot

As of August 12, 2026, the median asking price in Greenmount-Montrose is $309,700, across 7 active MLS® listings.

Those listings have been on the market an average of 84 days.

4 new listings came to market in Greenmount-Montrose in the last 30 days.

About Greenmount-Montrose

Greenmount-Montrose is a small, largely rural/residential area in eastern Prince Edward Island characterized by low-density housing on larger lots, working farms, and scattered newer builds along local roads. Demographics skew toward families and long-time residents, with a quieter year-round population and some seasonal influx tied to nearby coastal communities and summer tourism. Daily amenities are limited within the neighbourhood itself; most groceries, pharmacies, and services are typically accessed in nearby service centres such as Montague or Souris, while Charlottetown is a longer commute for major retail, healthcare, and employment.

Schools and community facilities are generally accessed via nearby towns (public schools and recreation amenities in the broader Kings County area), with car dependency the norm and no practical fixed-route transit—commuting is primarily by private vehicle. The local housing market is thinly traded, with values influenced more by overall PEI supply-demand dynamics than by neighbourhood-level turnover. In recent years, PEI’s province-wide price growth and constrained listings have supported appreciation, but rental demand is narrower than in Charlottetown/Summerside; investors typically focus on single-family rentals, furnished/seasonal strategies near the coast, or long-term tenants tied to regional employers. Overall, the area offers steadier appreciation potential than cash flow, with yields moderated by higher purchase prices relative to achievable rural rents.

Market pulse

Greenmount-Montrose currently has 20 active for-sale listings with a median asking price of $124,900, suggesting an affordable market with a solid amount of choice for buyers. Homes are averaging 139 days on market, indicating a slower pace that can support patient negotiation, while 6 new listings in the past 30 days point to fresh inventory continuing to come online for buyers and investors watching for value.

Getting around

Walk Score 0 · Bike Score 25

Frequently asked questions about Greenmount-Montrose

What is the average home price in Greenmount-Montrose?

The median asking price in Greenmount-Montrose is $309,700, across 7 active MLS® listings as of August 12, 2026. The average asking price is $279,871. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Greenmount-Montrose?

There are 7 active MLS® listings in Greenmount-Montrose as of August 12, 2026. 4 of them came to market in the last 30 days.

How long do homes stay on the market in Greenmount-Montrose?

Homes currently listed in Greenmount-Montrose have been on the market an average of 84 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.

Is Greenmount-Montrose walkable?

Greenmount-Montrose has a Walk Score of 0 out of 100, which Walk Score classifies as Car-Dependent — almost all errands require a car. Bike Score is 25.

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How these figures are calculated