Malpeque, Prince Edward Island, Canada
As of August 12, 2026, the median asking price in Malpeque is $88,700, across 24 active MLS® listings.
Those listings have been on the market an average of 97 days.
4 new listings came to market in Malpeque in the last 30 days.
Vacant land in Malpeque are listed at an average of $101,010 across 20 active listings.
Malpeque is a small coastal/rural community in Prince Edward Island known for its beaches, Malpeque Bay views, and strong ties to fishing and aquaculture (notably oysters). Housing stock is dominated by detached homes, cottages, and seasonal properties on larger lots, with a quieter, low-density feel and a mix of year-round residents, retirees, and seasonal owners. The market is thinly traded with limited inventory, so individual sales can move local averages more than in urban areas.
Amenities are modest and day-to-day services are often accessed in nearby communities, with Charlottetown reachable by car for major shopping, healthcare, and employment. Local recreation is a major draw—beaches, boating, and coastal trails—supporting short-term and seasonal rental demand, especially in summer. There is no local urban-style public transit; residents rely on driving. Real estate trends are shaped by PEI’s broader in-migration and lifestyle demand, with pricing having risen materially over the past five years, while rental yields tend to be moderate due to seasonal vacancy risk, property maintenance costs, and a smaller long-term tenant base compared with the Charlottetown area.
Malpeque currently has 38 active listings with a median asking price of $154,950, giving buyers and investors a reasonable range of options at an accessible price point. Homes are taking an average of 113 days to sell and only 4 new listings came to market in the past 30 days, pointing to a slower-moving market where patience and careful deal selection can pay off.
The median asking price in Malpeque is $88,700, across 24 active MLS® listings as of August 12, 2026. The average asking price is $178,729. These are list prices on homes currently for sale, not sale prices.
There are 24 active MLS® listings in Malpeque as of August 12, 2026. 4 of them came to market in the last 30 days.
Homes currently listed in Malpeque have been on the market an average of 97 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 24 homes currently listed in Malpeque, 83% vacant land, 13% detached houses.