Lower Montague, Prince Edward Island
As of September 27, 2026, the median asking price in Lower Montague is $449,000, across 11 active MLS® listings.
Those listings have been on the market an average of 29 days.
8 new listings came to market in Lower Montague in the last 30 days.
Detached homes in Lower Montague are listed at an average of $443,882 across 11 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’s for-sale market is relatively tight, with 11 active listings and a median asking price of $449,000, spanning a mix of waterfront and rural residential options across the wider community. Homes are averaging 29 days on market so far, and with 8 new listings added in the past 30 days, buyers are seeing fresh choice—suggesting steady activity and select opportunities for investors who can move quickly on well-priced properties.
AI-written commentary on the active MLS® listing snapshot as of September 27, 2026. Not financial advice.
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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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