New Annan, Prince Edward Island, Canada
As of August 12, 2026, the median asking price in New Annan is $242,000, across 6 active MLS® listings.
Those listings have been on the market an average of 177 days.
1 new listing came to market in New Annan in the last 30 days.
New Annan is a rural residential area just west of Kensington in central Prince Edward Island, characterized by farmland, low-density subdivisions, and a quiet, family-oriented lifestyle. Demographics skew toward families and working-age households, with many residents commuting to Kensington, Summerside, or Charlottetown for employment and services. Day-to-day amenities are largely accessed in nearby Kensington (groceries, pharmacy, banking, restaurants, recreation), while Summerside provides broader retail and healthcare options. The area appeals to buyers seeking space, privacy, and newer or well-kept detached homes on larger lots.
Schools and community services are typically tied to the greater Kensington/central PEI catchments (families commonly use schools and programs in or near Kensington), and most errands require a vehicle. There is no practical urban transit; connectivity is primarily via Route 2 and local roads, making driving the dominant mode of transportation. Real estate is mainly detached homes and hobby-farm properties, with limited rental inventory; demand has been supported by PEI-wide in-migration and spillover affordability pressures from Charlottetown and Summerside. Recent market conditions suggest modestly strong price momentum with tighter supply than pre-2020 norms, while rental yields are generally moderate due to relatively high purchase prices versus rural-area rents.
New Annan currently has 5 active listings with a median asking price of $234,999, suggesting a small, tightly supplied market. Homes are averaging 190 days on market and only 1 new listing came on in the past 30 days, pointing to slower turnover and giving buyers more time to negotiate while investors may need to be selective and patient on timelines.
The median asking price in New Annan is $242,000, across 6 active MLS® listings as of August 12, 2026. The average asking price is $313,783. These are list prices on homes currently for sale, not sale prices.
There are 6 active MLS® listings in New Annan as of August 12, 2026. 1 of them came to market in the last 30 days.
Homes currently listed in New Annan have been on the market an average of 177 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.