Souris, Prince Edward Island
As of September 27, 2026, the median asking price in Souris is $364,450, across 8 active MLS® listings.
Those listings have been on the market an average of 104 days.
Detached homes in Souris are listed at an average of $446,800 across 7 active listings.
Souris is a small harbour town on the eastern tip of Prince Edward Island, with the neighbourhood centered around the waterfront, Main Street services, and established low-density residential streets. The area skews toward families, retirees, and seasonal residents, with employment tied to fishing/seafood, tourism, local services, and regional commuting. Housing is primarily detached homes (many older character properties), a limited supply of small multi-unit rentals, and some seasonal/cottage inventory, which can tighten long-term rental availability.
Key amenities cluster near the waterfront and town core: the Souris Beach and boardwalk, Colville Bay marina/harbour facilities, local grocery/pharmacy and small retailers, recreation facilities, and community services. Schools are small-town PEI-scale (elementary in-town with senior grades typically served via nearby regional schools), and transit is car-dependent with limited intercity options—most trips are by private vehicle. Real estate trends tend to be steadier than Charlottetown: price growth has moderated after the pandemic run-up, with demand supported by lifestyle buyers and limited supply, while rental demand is driven by scarce purpose-built rentals and seasonal staffing, creating relatively attractive rent-to-price ratios for investors who can manage smaller-market liquidity and higher property-specific risk.
Souris, PEI’s current for-sale market is small and selective, with 8 active listings at a median asking price of $364,450 and an average 104 days on market, suggesting buyers have time to compare options and negotiate. Inventory typically spans compact homes closer to the harbour and town services alongside larger lots and more rural-style properties on the edges of the city, creating meaningful variation by area and property type even within a limited listing pool. For buyers and investors, the longer time listed so far points to a market where pricing and condition matter, and well-positioned homes can still stand out when they’re aligned with local demand.
AI-written commentary on the active MLS® listing snapshot as of September 27, 2026. Not financial advice.
Walk Score 59 · Bike Score 51
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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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