Lower Montague, Prince Edward Island, Canada
As of August 12, 2026, the median asking price in Lower Montague is $429,000, across 13 active MLS® listings.
Those listings have been on the market an average of 148 days.
4 new listings came to market in Lower Montague in the last 30 days.
Detached homes in Lower Montague are listed at an average of $649,488 across 8 active listings.
Lower Montague is a small, semi-rural waterfront neighbourhood in the Charlottetown metro orbit, located across the Hillsborough River from the city and close to Stratford. The area is characterized by low-density housing (detached homes, hobby farms, and newer estate-style builds), scenic river views, and a quiet, community-oriented feel with a mix of long-time Island families and newer professionals seeking space while staying within a reasonable drive of Charlottetown’s employment base. Demographics skew toward households and middle-to-upper income owner-occupiers, with limited apartment-style stock.
Amenities are primarily accessed in Stratford/Charlottetown (groceries, medical clinics, retail, restaurants), while local draws include boating and shoreline recreation and quick access to PE-1A/Route 1 corridors for commuting. Schooling options are generally through the Stratford/Queens County catchments (English and French options available in the broader area), and transit is limited—most residents rely on private vehicles. The real estate market tends to be tight with low turnover; demand is supported by lifestyle buyers and spillover from Stratford/Charlottetown, but rental supply is limited and property management can be more hands-on due to rural servicing and larger lots. Price growth has been positive over the past five years, moderating more recently as interest rates cooled the market, with yields typically mid-to-high single digits on long-term rentals depending on purchase price, condition, and whether the property can accommodate secondary suite potential.
Lower Montague currently has 47 active for-sale listings with a median asking price of $380,000 and an average of $199 per square foot, giving buyers a clear range of options to compare on value. Homes are taking an average of 120 days to sell, and with 16 new listings added in the past 30 days, supply is replenishing—supporting more negotiating room and patience-focused strategies for buyers and investors.
The median asking price in Lower Montague is $429,000, across 13 active MLS® listings as of August 12, 2026. The average asking price is $479,138. These are list prices on homes currently for sale, not sale prices.
There are 13 active MLS® listings in Lower Montague as of August 12, 2026. 4 of them came to market in the last 30 days.
Homes currently listed in Lower Montague have been on the market an average of 148 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 13 homes currently listed in Lower Montague, 62% detached houses, 31% vacant land.