Pleasant Grove

Pleasant Grove, Prince Edward Island, Canada

Market snapshot

As of August 12, 2026, the median asking price in Pleasant Grove is $272,000, across 4 active MLS® listings.

Those listings have been on the market an average of 100 days.

2 new listings came to market in Pleasant Grove in the last 30 days.

About Pleasant Grove

Pleasant Grove is a small, semi-rural residential area in central Prince Edward Island characterized by low-density housing, larger lots, and a quieter, family-oriented feel. The housing stock is predominantly detached single-family homes with a mix of older properties and newer builds or renovated homes, appealing to owner-occupiers and long-term tenants seeking space and affordability outside the main urban core. Demographics skew toward households and working families, with some seasonal presence depending on proximity to tourism corridors.

Amenities are primarily car-oriented, with day-to-day shopping and services typically accessed in nearby larger communities (often within a short drive), while local recreation is centered on outdoor space, trails, and community facilities in surrounding areas. School options are generally served by the wider regional catchment rather than within the neighbourhood itself, and transit service is limited compared with Charlottetown or Summerside—most commuting is by private vehicle. From an investment perspective, the area tends to offer steadier tenant demand and lower turnover for single-family rentals, with pricing supported by province-wide in-migration and limited supply; however, rent growth and liquidity can be more moderate than in PEI’s primary urban neighbourhoods, keeping yields in the mid-single digits and favouring patient, long-hold strategies.

Market pulse

Pleasant Grove currently has 5 active listings with a median asking price of $230,000, and homes are taking an average of 76 days to sell, pointing to a market where patience and negotiation can matter. With only 1 new listing in the past 30 days, inventory growth is limited, so buyers and investors may need to act decisively when a well-priced opportunity appears while still leveraging the longer days-on-market to negotiate terms.

Frequently asked questions about Pleasant Grove

What is the average home price in Pleasant Grove?

The median asking price in Pleasant Grove is $272,000, across 4 active MLS® listings as of August 12, 2026. The average asking price is $309,500. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Pleasant Grove?

There are 4 active MLS® listings in Pleasant Grove as of August 12, 2026. 2 of them came to market in the last 30 days.

How long do homes stay on the market in Pleasant Grove?

Homes currently listed in Pleasant Grove have been on the market an average of 100 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.

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How these figures are calculated