Richmond, Prince Edward Island, Canada
As of August 12, 2026, the median asking price in Richmond is $57,000, across 5 active MLS® listings.
Those listings have been on the market an average of 120 days.
Quiet roads, wide-open horizons
Richmond, in Prince Edward Island’s rural western end, feels like the Island between postcards: long sightlines over fields, thin ribbons of road, and a sky that seems to take up more space than the houses. It’s a low-density patchwork of farm lots, woodlots, and modest homes set back from the shoulder, where the day’s soundtrack is wind in spruce and the occasional pickup on its way to a neighbour’s lane.
The community leans toward long-time Islanders—families with roots in the area and retirees who value privacy, land, and routine. Life here is practical and community-minded: errands are planned, not improvised, because a Walk Score of 14/100 reflects the reality of driving for groceries, schools, and services. Summers bring a noticeable lift in activity as seasonal residents and visitors spill over from nearby coastal cottage areas, adding weekend traffic to beaches and local seafood spots.
Real estate in Richmond is defined by space and simplicity: detached homes are the norm, often on larger lots with room for gardens, sheds, and hobby outbuildings. Buyers typically come for affordability relative to more built-up parts of PEI, plus the promise of quiet—while accepting tradeoffs like longer commutes and limited municipal services compared with urban neighbourhoods. The market tends to move in steady, local rhythms, with heightened interest in turnkey homes and well-maintained rural properties when seasonal demand and lifestyle-move buyers are most active.
Richmond’s market is small but active, with 6 homes currently for sale and a median asking price of $128,000 (about $559 per square foot). Properties are taking an average of 103 days to sell, suggesting buyers have some negotiating leverage, but the 3 new listings in the past 30 days indicate fresh supply is still coming to market—worth watching for investors seeking value and patient deal flow.
Walk Score 14 · Bike Score 44
The median asking price in Richmond is $57,000, across 5 active MLS® listings as of August 12, 2026. The average asking price is $223,380. These are list prices on homes currently for sale, not sale prices.
There are 5 active MLS® listings in Richmond as of August 12, 2026.
Homes currently listed in Richmond have been on the market an average of 120 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Richmond has a Walk Score of 14 out of 100, which Walk Score classifies as Car-Dependent — almost all errands require a car. Bike Score is 44.