Mermaid, Prince Edward Island, Canada
As of August 12, 2026, the median asking price in Mermaid is $599,999, across 21 active MLS® listings.
Those listings have been on the market an average of 83 days.
3 new listings came to market in Mermaid in the last 30 days.
Detached homes in Mermaid are listed at an average of $937,067 across 12 active listings.
Vacant land in Mermaid are listed at an average of $209,743 across 7 active listings.
Mermaid is a small rural/coastal area in eastern Prince Edward Island, generally considered part of the Stratford–Cardigan River orbit and within a short drive of Charlottetown. The neighbourhood character is low-density and residential with a mix of older year-round homes, newer custom builds, and seasonal cottages near the water, with many properties offering larger lots and a quieter lifestyle than the city. Demographics tend to skew toward families and established households seeking space, as well as retirees and seasonal residents drawn by coastal access and scenery.
Amenities are primarily car-oriented: day-to-day shopping, dining, health services, and recreation are typically accessed in Stratford or Charlottetown, while local draws include waterfront access points, boating/kayaking on nearby rivers and bays, and general outdoor recreation. Schooling is served through the provincial English and French public systems with students commuting to nearby communities; there is no urban-style transit network, so reliable vehicle access is effectively required. Real estate trends in Mermaid reflect PEI’s broader post-2020 repricing—strong demand for detached homes and lifestyle properties, limited resale inventory, and moderate rental demand driven by workers and households priced out of Charlottetown/Stratford, though rents and liquidity can be more volatile and seasonal than in core urban neighbourhoods.
Mermaid’s market currently has 21 active listings with a median asking price of $599,999 and an average 80 days on market, pointing to a slower pace where buyers have more time to compare options and negotiate. With only 3 new listings in the past 30 days, fresh supply is limited, so well-priced properties can still attract attention despite the overall longer selling timelines.
The median asking price in Mermaid is $599,999, across 21 active MLS® listings as of August 12, 2026. The average asking price is $649,809. These are list prices on homes currently for sale, not sale prices.
There are 21 active MLS® listings in Mermaid as of August 12, 2026. 3 of them came to market in the last 30 days.
Homes currently listed in Mermaid have been on the market an average of 83 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 21 homes currently listed in Mermaid, 57% detached houses, 33% vacant land, 5% duplexes.