Monticello, Prince Edward Island, Canada
As of August 12, 2026, the median asking price in Monticello is $161,950, across 10 active MLS® listings.
Those listings have been on the market an average of 188 days.
1 new listing came to market in Monticello in the last 30 days.
Detached homes in Monticello are listed at an average of $409,740 across 5 active listings.
Vacant land in Monticello are listed at an average of $66,360 across 5 active listings.
Quiet acres, island air
Monticello is the kind of Prince Edward Island hamlet where the landscape does most of the talking—open fields, long sightlines, and a ribbon of road connecting small clusters of homes. It’s a low-density, rural pocket defined by detached houses, hobby-farm properties, and big lots that feel more like “land with a house” than a conventional subdivision. Nights are genuinely dark, mornings are measured in weather, and the soundtrack is more wind and birds than traffic.
Life here skews practical and home-centred. Long-time Island families mix with retirees looking for calm, plus a smaller stream of newcomers drawn by PEI’s slower pace and the idea of keeping a garden, a workshop, or a few animals. While Monticello itself is light on day-to-day amenities, residents typically rely on nearby service hubs for groceries, schools, and errands—making a vehicle essential and favouring buyers who are comfortable with a rural routine.
Real estate in Monticello tends to trade on space and simplicity: larger parcels, modest single-family homes, and properties where outbuildings, wells/septic, and year-round road access matter as much as finishes. Seasonal tourism and cottage demand elsewhere on the Island can ripple through nearby markets, but Monticello’s identity remains grounded in year-round living—quiet streets, steady neighbours, and a bit of elbow room that’s increasingly hard to find.
Monticello’s market pulse is currently difficult to quantify because there is limited market data available, making recent pricing and demand trends less clear than usual. For buyers, this can create opportunities to negotiate on a case-by-case basis, while investors should lean on property-specific fundamentals and comparable areas until more Monticello sales and listings data comes through.
The median asking price in Monticello is $161,950, across 10 active MLS® listings as of August 12, 2026. The average asking price is $238,050. These are list prices on homes currently for sale, not sale prices.
There are 10 active MLS® listings in Monticello as of August 12, 2026. 1 of them came to market in the last 30 days.
Homes currently listed in Monticello have been on the market an average of 188 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 10 homes currently listed in Monticello, 50% detached houses, 50% vacant land.