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Cornwall, PE

Updated: Aug 2016
House
Median price $214,450
Monthly growth
Quarterly trend
Stock on market 1.63%
Apartment
Median price $339,600
Monthly growth
Quarterly trend
Stock on market 0.15%

Cornwall Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Cornwall is number 2657 putting it in the bottom half of the country .

Want a cheaply priced house? Then at $214,450 this month, Cornwall, Prince Edward Island is probably not for you price wise.

If you’re looking at investment properties in Cornwall, then you’re most likely to find homes with 3 bedrooms on sale this month.

From our data, it appears that neighbourhood is number 870th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.

Can we guarantee how well Cornwall is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

In Cornwall, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

Want a cheaply priced house? Then at $339,600 this month, Cornwall, Prince Edward Island is probably not for you price wise.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

According to our stats, Cornwall is the neighbourhood that has the 4th most properties available to real estate investors in Prince Edward Island.

When we look at the data we have, it can help with trying to establish whether or not Cornwall is a good investment target.

Over the last three months in Cornwall, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Find a mortgage broker in Cornwall, PE
Beds Median price (House) Median price (Apartment)
2 bedrooms $164,500
3 bedrooms $206,500
4 bedrooms $314,000
5 bedrooms $419,250
Demographics
  • 2006 to 2011 population change (%)10.4
  • Total private dwellings1962
  • Private dwellings occupied by usual residents1882
  • Population density per square kilometre183.1
  • Land area (square km)28.2
  • Population in 20115162
  • Population in 20064677

Age Characteristics

Total population by age groups 5165
0 to 4 years 340
5 to 9 years 355
10 to 14 years 430
15 to 19 years 385
15 years 85
16 years 80
17 years 75
18 years 65
19 years 75
20 to 24 years 305
25 to 29 years 250
30 to 34 years 315
35 to 39 years 365
40 to 44 years 435
45 to 49 years 380
50 to 54 years 365
55 to 59 years 295
60 to 64 years 360
65 to 69 years 255
70 to 74 years 145
75 to 79 years 95
80 to 84 years 55
85 years and over 30
Median age of the population 37.9
% of the population aged 15 and over 78.3

Marital Status

Total population 15 years and over by marital status 4035
Married or living with a common-law partner 2595
Married (and not separated) 2290
Living common-law 305
Not married and not living with a common-law partner 1440
Single (never legally married) 970
Separated 120
Divorced 200
Widowed 145

Family Characteristics

Total number of census families in private households 1535
Size of census family: 2 persons 680
Size of census family: 3 persons 335
Size of census family: 4 persons 355
Size of census family: 5 or more persons 165
Total number of census families in private households 1535
Total couple families by family structure and number of children 1285
Married couples 1135
Without children at home 455
With children at home 680
1 child 230
2 children 305
3 or more children 145
Common-law couples 155
Without children at home 80
With children at home 70
1 child 35
2 children 25
3 or more children 5
Total lone-parent families by sex of parent and number of children 250
Female parent 210
1 child 120
2 children 55
3 or more children 30
Male parent 40
1 child 25
2 children 10
3 or more children 0
Total children in census families in private households 1815
Under six years of age 405
6 to 14 years 715
15 to 17 years 240
18 to 24 years 340
25 years and over 120
Average number of children at home per census family 1.2

Household And Dwelling Characteristics

Total number of persons in private households 5135
Number of persons not in census families 500
Living with relatives 55
Living with non-relatives only 130
Living alone 320
Number of census family persons 4640
Average number of persons per census family 3
Total number of persons 65 years and over in private households 575
Number of persons not in census families aged 65 years and over 145
Living with relatives 20
Living with non-relatives only 15
Living alone 110
Number of census family persons aged 65 years and over 430
Total number of private households by household type 1885
Census-family households 1510
One-family-only households 1425
Couple-family households 1220
Without children 500
With children 715
Lone-parent-family households 205
Other family households 85
One-family households with persons not in a census family 50
Couple-family households 35
Without children 10
With children 15
Lone-parent-family households 20
Two-or-more-family households 25
Non-census-family households 375
One-person households 320
Two-or-more-person households 60
Total number of occupied private dwellings by structural type of dwelling 1880
Single-detached house 1305
Apartment, building that has five or more storeys 0
Movable dwelling 165
Other dwelling 405
Semi-detached house 145
Row house 100
Apartment, duplex 25
Apartment, building that has fewer than five storeys 135
Other single-attached house 0
Total number of private households by household size 1880
1 person 315
2 persons 670
3 persons 335
4 persons 375
5 persons 150
6 or more persons 35
Number of persons in private households 5140
Average number of persons in private households 2.7

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