Kensington, Prince Edward Island, Canada
As of August 13, 2026, the median asking price in Kensington is $369,000, across 14 active MLS® listings.
Those listings have been on the market an average of 126 days.
4 new listings came to market in Kensington in the last 30 days.
Detached homes in Kensington are listed at an average of $413,243 across 7 active listings.
Kensington is a small, service-centre town in central-west Prince Edward Island, functioning as a hub for surrounding rural communities. The neighbourhood fabric is primarily low-rise, with older detached homes near the historic core and newer subdivisions on the edges. Demographics skew toward families and long-time residents, with some in-migration from other provinces seeking affordability and a quieter lifestyle. Key amenities cluster around Victoria Street and the town centre: grocery and pharmacy options, local shops and restaurants, a library, community and recreation facilities, and basic health services; Charlottetown and Summerside are both reachable by car for expanded employment, shopping, and specialized care.
Schools serving the area include Kensington Intermediate Senior High School and nearby elementary options within the community; most daily needs are walkable within the core, while most households still rely on driving. Public transit is limited compared with larger Canadian centres, so investment performance is tied to local employment stability and regional demand rather than commuter rail or major bus networks. Real estate trends have reflected broader PEI dynamics: strong pandemic-era gains followed by normalization, with continued support from constrained resale inventory, modest new supply, and steady rental demand from local workers and households priced out of larger markets. Investors typically see moderate rents and lower acquisition prices than major cities, but yields can be tempered by seasonal demand patterns and property-type mix (single-family homes dominant, fewer purpose-built rentals).
Kensington currently has 15 active listings with a median asking price of $319,000 and an average of $97 per square foot, pointing to relatively accessible pricing for buyers and value-focused investors. Homes are averaging 143 days on market and only 1 new listing came on in the past 30 days, suggesting slower turnover and limited fresh supply—favouring patient buyers who can negotiate, while investors may find opportunities but should factor in longer holding and marketing timelines.
Walk Score 59 · Bike Score 52
The median asking price in Kensington is $369,000, across 14 active MLS® listings as of August 13, 2026. The average asking price is $326,128. These are list prices on homes currently for sale, not sale prices.
There are 14 active MLS® listings in Kensington as of August 13, 2026. 4 of them came to market in the last 30 days.
Homes currently listed in Kensington have been on the market an average of 126 days as of August 13, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 14 homes currently listed in Kensington, 50% detached houses, 21% vacant land, 7% townhouses, 7% triplexes.
Kensington has a Walk Score of 59 out of 100, which Walk Score classifies as Somewhat Walkable — some errands can be accomplished on foot. Bike Score is 52.