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Elmira, PE

Updated: Aug 2016
House
Median price $48,500
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.59%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Elmira Home Price

With a median listing price of $48,500, Elmira is Canada’s 5137th most expensive when ordered by median listing price.

When our research team crunched the numbers we calculated that Elmira has a median home price of $48,500.

Prince Edward Island has the fourth least amount of properties available to property investors, with Elmira having 140th most in the province, out of a total of 218.

Can we guarantee how well Elmira 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.

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

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Elmira will hopefully provide an indicator to help you where to research in-depth

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Elmira there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Demographics
  • Population in 2011496
  • Population in 2006519
  • 2006 to 2011 population change (%)-4.4
  • Total private dwellings337
  • Private dwellings occupied by usual residents183
  • Population density per square kilometre5.5
  • Land area (square km)89.85