Hope River, Prince Edward Island, Canada
As of August 12, 2026, the median asking price in Hope River is $119,000, across 3 active MLS® listings.
Those listings have been on the market an average of 82 days.
Hope River is a small, semi-rural neighbourhood in Queens County near Charlottetown, characterized by wooded lots, hobby farms, and low-density single-detached housing with a mix of seasonal and year-round residents. The area tends to attract families and professionals seeking quieter living within an easy drive of the capital, with demographics skewing toward households that value space, privacy, and homeownership. Housing stock is primarily detached homes on larger parcels, with limited purpose-built rentals and relatively low turnover compared with urban Charlottetown.
Amenities are mostly car-oriented: daily needs and major services are typically accessed in Charlottetown or nearby Stratford/Cornwall corridors, while local recreation revolves around outdoor activities (trails, rivers/green space) and community facilities in surrounding communities. Schooling is generally served by nearby PEI Public Schools in the greater Charlottetown catchment rather than within the neighbourhood core, and public transit options are limited, making vehicle ownership the norm. Real estate trends reflect PEI’s broader post-2020 demand shift toward space and attainable single-family homes: price growth has moderated from peak-pandemic levels but remains supported by limited supply, in-migration, and steady end-user demand; investors should expect stable tenant demand for single-family rentals, though yields are constrained by elevated purchase prices and small-scale rental inventory.
Hope River’s market is currently characterized by modest inventory, with 12 active listings and a median asking price of $152,000. Homes are taking time to sell, averaging 128 days on market, and with just 1 new listing in the past 30 days, buyers may see limited fresh options while investors may find room to negotiate on longer-standing listings.
The median asking price in Hope River is $119,000, across 3 active MLS® listings as of August 12, 2026. The average asking price is $114,633. These are list prices on homes currently for sale, not sale prices.
There are 3 active MLS® listings in Hope River as of August 12, 2026.
Homes currently listed in Hope River have been on the market an average of 82 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.