O'Leary, Prince Edward Island
As of September 27, 2026, the median asking price in O'Leary is $249,999, across 3 active MLS® listings.
Those listings have been on the market an average of 155 days.
The O'Leary neighbourhood in the Town of O'Leary is a small-town, rural-service-centre community in western Prince Edward Island with a quiet, family-oriented character and a strong local identity. Housing is predominantly detached single-family homes on larger lots, with a limited supply of purpose-built rentals and low-rise multi-unit buildings. Demographics skew toward long-term local residents, families, and older households, with some seasonal and workforce demand tied to agriculture, nearby services, and regional commuting.
Amenities are concentrated along the town’s main commercial corridors, including everyday shopping, local restaurants, recreation facilities, and municipal services, with additional retail and healthcare options typically accessed in larger centres such as Summerside. Schools and community programs serve local families, and most errands require a car; public transit is minimal to limited, so walkability varies by proximity to the town core. Real estate trends tend to be steadier than PEI’s faster-growing urban areas, with affordability supporting rental yield potential, but price growth can be constrained by population size, limited in-migration, and a smaller buyer pool—making the neighbourhood most suitable for yield-focused, long-hold investors rather than rapid appreciation strategies.
Walk Score 40 · Bike Score 53
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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