Summerside, Newfoundland and Labrador, Canada
As of August 12, 2026, the median asking price in Summerside is $319,900, across 4 active MLS® listings.
Those listings have been on the market an average of 36 days.
2 new listings came to market in Summerside in the last 30 days.
Asking prices work out to about $173 per square foot, based on the 4 listings that report floor area.
Summerside is a small, primarily residential neighbourhood on the west side of St. John’s within the City of St. John’s, Newfoundland and Labrador. It is characterized by low-to-mid density housing (mostly single-detached homes with some duplexes and small multi-unit rentals), quiet streets, and a family-oriented feel. Demographics tend to skew toward working professionals and families, with a meaningful share of renters tied to the broader St. John’s employment base (public sector, healthcare, services, and trades). The area’s appeal is driven by relative affordability compared with core/near-downtown neighbourhoods, while still offering convenient access to daily needs.
Amenities are largely car-oriented: residents rely on nearby retail and services along major corridors in west St. John’s (grocery, pharmacies, quick-service dining, and general shopping) and have access to parks and recreational facilities within a short drive. School options are consistent with the St. John’s West end catchments (public and Catholic systems), making the area attractive for long-term tenants. Transit service is available but typically less frequent than central routes, so most households prefer driving; this supports demand for rentals with parking and for family-sized units.
Real estate trends in Summerside generally mirror the broader St. John’s market: moderate price points, steady end-user demand, and improving rent levels in recent years due to tight vacancy and limited new rental supply. Investors typically see stable occupancy and tenant retention, with yields that are better than major Canadian metros but constrained by rising purchase prices and higher carrying costs. The best-performing assets are well-maintained single-family rentals, duplexes, and small multi-unit properties with updated interiors, efficient heating, and off-street parking.
Summerside currently has 10 active listings with a median asking price of $71,500 and an average of $173 per square foot, pointing to an affordable market with pricing that can vary by property type and condition. Homes are taking an average of 230 days to sell and only 2 new listings came on in the past 30 days, suggesting slower turnover and limited fresh supply—conditions that can reward patient buyers and value-focused investors who can hold through longer marketing periods.
The median asking price in Summerside is $319,900, across 4 active MLS® listings as of August 12, 2026. The average asking price is $369,675. These are list prices on homes currently for sale, not sale prices.
There are 4 active MLS® listings in Summerside as of August 12, 2026. 2 of them came to market in the last 30 days.
Homes currently listed in Summerside have been on the market an average of 36 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.