Rice Point, Prince Edward Island, Canada
As of August 12, 2026, the median asking price in Rice Point is $277,000, across 8 active MLS® listings.
Those listings have been on the market an average of 143 days.
2 new listings came to market in Rice Point in the last 30 days.
Vacant land in Rice Point are listed at an average of $172,580 across 5 active listings.
Rice Point is a small, rural coastal community in Queens County on Prince Edward Island, west of Charlottetown along the Northumberland Strait. The neighbourhood character is low-density and quiet, with a mix of farm properties, older detached homes, and newer custom builds on larger lots. Demographics skew toward families and retirees seeking space and water proximity, with seasonal population uplift from cottage owners and summer visitors. Day-to-day amenities are limited within Rice Point itself; most groceries, services, and healthcare are accessed in Cornwall and Charlottetown (roughly a 15–30 minute drive), while nearby shoreline access and boating-related recreation are key lifestyle draws.
Schools serving the area are generally accessed via the wider Stratford/Cornwall/Charlottetown catchments rather than within the immediate community, and reliance on private vehicles is the norm as scheduled public transit coverage is limited in rural PEI. Real estate market trends tend to reflect PEI’s broader supply constraints: listings can be thin, price discovery can be volatile, and well-located properties (water views, acreage, or renovated homes) command premiums. For investors, demand is strongest for detached rentals and seasonal/short-term accommodation tied to summer tourism, while long-term rental demand exists but is smaller than in Charlottetown; yields are typically moderate, supported by relatively lower acquisition prices but offset by higher maintenance/utility costs and greater vacancy seasonality risk.
Rice Point’s market currently has 10 active listings with a median asking price of $419,000, and homes are averaging 124 days on market, indicating a slower pace that can favour patient buyers. With 5 new listings in the past 30 days adding fresh supply, buyers and investors may find more room to negotiate on price and terms, while well-priced properties should still be positioned to stand out.
The median asking price in Rice Point is $277,000, across 8 active MLS® listings as of August 12, 2026. The average asking price is $483,975. These are list prices on homes currently for sale, not sale prices.
There are 8 active MLS® listings in Rice Point as of August 12, 2026. 2 of them came to market in the last 30 days.
Homes currently listed in Rice Point have been on the market an average of 143 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.