Real Estate, Homes + Location Guides
Living in Charlottetown
Welcome to Charlottetown
Charlottetown, the capital city of Prince Edward Island, is a charming and vibrant community with a unique blend of urban and rural characteristics.
It offers a variety of residential properties, ranging from historic homes in the downtown core to modern condominiums and townhouses in the suburbs. The real estate market in Charlottetown is dynamic and diverse, providing options for first-time homebuyers, families, retirees, and investors. The city's compact size makes it easy to navigate, and most amenities are within a short drive or even walking distance.
Featured Charlottetown Properties
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A neighbourhood for everyone.
The cost of living in Charlottetown is relatively low compared to other Canadian cities. The average price of a home in Charlottetown is significantly lower than in larger urban centers like Toronto or Vancouver. This affordability, combined with the city's high quality of life, makes Charlottetown an attractive place to live, work, and raise a family. The city also boasts a strong rental market, which is beneficial for both landlords and tenants.
Charlottetown is known for its friendly and welcoming community. The city's population is steadily growing, attracting newcomers from around the world. The city is also home to the University of Prince Edward Island, which contributes to the city's youthful and energetic vibe. The education sector, along with healthcare, tourism, and public administration, are among the city's major employers.
Market Insights
Market Activity
440
Active listings
Average Price
$752,067
Across active sale listings
Avg. Days on Market
104
Days, across active sale listings
Popular Types
House
Most common listing type
Demographic & Community Profile
Discover the people, lifestyles, and community dynamics that make Charlottetown unique.
Total Population
43,781
Residents
Affordability Score
41%
Based on income-to-housing cost ratio
Age Distribution
Population breakdown by age group
0–14
15–24
25–44
45–64
65+
Median Household Income
$60,400
Median rent $950/mo
Homeownership
Owner vs Renter distribution
Income Distribution
Household income brackets
Under $40k
$40k–$79k
$80k–$99k
$100k–$149k
$150k+
Household Composition
How households are structured
One-person
Couples
Multigenerational
Education
Highest certification attained
Bachelor's or higher
Post-secondary
High school
No certificate
Frequently Asked Questions
Is Charlottetown a good place to live?
Charlottetown offers a balanced lifestyle with strong community amenities, diverse housing options, and convenient access to essential services. The area attracts families, young professionals, and retirees seeking quality of life.
What are the best neighbourhoods in Charlottetown?
Charlottetown has diverse neighbourhoods suited to different lifestyles — family-friendly communities with top schools, walkable urban cores with amenities, and quieter residential streets. The best choice depends on your priorities like commute, lifestyle, and budget.
How much do homes cost in Charlottetown?
The average home price in Charlottetown is $752,067. Prices range significantly by neighbourhood and property type, from affordable condos to luxury detached homes.
How competitive is the housing market in Charlottetown?
Market competitiveness varies by season and inventory. There are currently 440 active listings. During high-demand periods properties may receive multiple offers — a local Sutton agent helps you navigate conditions.
How is commuting and transit in Charlottetown?
Charlottetown offers various transportation options including public transit, major highways, and cycling infrastructure. Commute times vary by neighbourhood, and many residents benefit from walkable areas with local amenities.