Mont Carmel, Prince Edward Island, Canada
As of August 12, 2026, the median asking price in Mont Carmel is $155,000, across 13 active MLS® listings.
Those listings have been on the market an average of 98 days.
7 new listings came to market in Mont Carmel in the last 30 days.
Townhouses in Mont Carmel are listed at an average of $177,980 across 5 active listings.
Vacant land in Mont Carmel are listed at an average of $130,370 across 5 active listings.
Mont Carmel is a small, rural Acadian-influenced community in western Prince Edward Island (often associated with the Evangeline region, near communities like Miscouche and Abram-Village). The neighbourhood character is quiet and family-oriented, with scattered single-family homes on larger lots, a mix of newer builds and older farm/estate properties, and a lifestyle tied to agriculture and coastal recreation. Demographics skew toward local families and long-term residents, with some seasonal occupancy and increasing interest from retirees and buyers seeking affordability and space compared with Charlottetown/Summerside.
Amenities are limited within Mont Carmel itself (day-to-day shopping and many services are typically accessed in nearby towns such as Summerside, Wellington/Abram-Village area, or Alberton depending on exact location). School options are generally served through the regional PEI school system, with nearby elementary and consolidated schools in surrounding communities rather than within the neighbourhood core. Transit is car-dependent; there is no urban-style public transit, and commuting is via provincial highways. Real estate trends reflect PEI’s broader post-2020 demand: prices rose sharply from a low base, with recent momentum moderating but still supported by constrained supply, interprovincial migration, and lifestyle buyers. For investors, the main opportunities are single-family rentals, seasonal/short-term rentals (where permitted), and value-add renovations; however, tenant depth and liquidity are weaker than in Charlottetown or Summerside, and vacancy risk can be higher due to the small-market nature.
Mont Carmel’s market currently has 13 active for-sale listings with a median asking price of $139,900, suggesting attainable entry points for buyers and value-focused investors. With homes averaging 136 days on market, conditions lean toward a slower pace where buyers may have more time to compare options and negotiate, while investors should plan for longer hold times before resale.
The median asking price in Mont Carmel is $155,000, across 13 active MLS® listings as of August 12, 2026. The average asking price is $293,050. These are list prices on homes currently for sale, not sale prices.
There are 13 active MLS® listings in Mont Carmel as of August 12, 2026. 7 of them came to market in the last 30 days.
Homes currently listed in Mont Carmel have been on the market an average of 98 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 Mont Carmel, 38% townhouses, 38% vacant land, 8% multi-family homes, 8% detached houses.