St. Peters Bay

St. Peters Bay, Prince Edward Island, Canada

Market snapshot

As of August 12, 2026, the median asking price in St. Peters Bay is $466,950, across 6 active MLS® listings.

Those listings have been on the market an average of 63 days.

Detached homes in St. Peters Bay are listed at an average of $480,360 across 5 active listings.

About St. Peters Bay

St. Peters Bay is a small coastal community on PEI’s northeast shore, characterized by low-density homes, seasonal cottages, and working waterfront culture tied to fishing and tourism. Demographics skew older and owner-occupied, with a noticeable seasonal population lift in summer from cottagers and short-term visitors. The area is known for its scenic bay views, beaches and nature access (nearby dunes, trails, and coastal parks), with daily essentials typically requiring a drive to larger service centres such as Morell or Montague for groceries, banking, and broader retail.

Amenities are modest within the immediate area (local wharves, small eateries, and seasonal services), and most families rely on schools and recreation facilities in nearby communities within Kings County. There is no urban-style transit; residents and tenants are car-dependent, and winter accessibility/seasonality strongly influences rental demand. Real estate trends are driven by lifestyle and second-home buyers, limited supply of quality waterfront/near-water parcels, and a growing short-term rental market. As a result, pricing can be resilient for well-located properties, while long-term rental liquidity is thinner and yields are typically moderate unless optimized through furnished or seasonal leasing strategies.

Market pulse

St. Peters Bay currently has 11 active listings with a median asking price of $319,900 and an average of $165 per square foot, suggesting relatively accessible pricing for buyers comparing value across PEI coastal markets. Homes are averaging 88 days on market and only 1 new listing has appeared in the past 30 days, pointing to a slower-moving, limited-supply environment where investors may find negotiating opportunities but should expect longer holding times and fewer fresh options.

Frequently asked questions about St. Peters Bay

What is the average home price in St. Peters Bay?

The median asking price in St. Peters Bay is $466,950, across 6 active MLS® listings as of August 12, 2026. The average asking price is $648,633. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in St. Peters Bay?

There are 6 active MLS® listings in St. Peters Bay as of August 12, 2026.

How long do homes stay on the market in St. Peters Bay?

Homes currently listed in St. Peters Bay have been on the market an average of 63 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