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Melville, PE

Updated: Aug 2016
House
Median price $77,000
Monthly growth
Quarterly trend
Stock on market 1.05%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Melville Home Price

In Aug the median listed house price of $77,000 in Melville was relatively low compared to the rest of Prince Edward Island.

This month we track 140th neighbourhoods in Prince Edward Island, and Melville has the 140th most choice available for real estate investors.

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

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

Prince Edward Island has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

If you are looking at investment properties in Melville, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Demographics
  • Population in 2011307
  • Population in 2006319
  • 2006 to 2011 population change (%)-3.8
  • Total private dwellings190
  • Private dwellings occupied by usual residents133
  • Population density per square kilometre3.7
  • Land area (square km)82.76

Age Characteristics

Total population by age groups 305
0 to 4 years 15
5 to 9 years 15
10 to 14 years 20
15 to 19 years 15
15 years 5
16 years 5
17 years 0
18 years 5
19 years 5
20 to 24 years 20
25 to 29 years 5
30 to 34 years 10
35 to 39 years 20
40 to 44 years 15
45 to 49 years 25
50 to 54 years 25
55 to 59 years 25
60 to 64 years 40
65 to 69 years 15
70 to 74 years 10
75 to 79 years 10
80 to 84 years 5
85 years and over 5
Median age of the population 47.5
% of the population aged 15 and over 84.7

Marital Status

Total population 15 years and over by marital status 260
Married or living with a common-law partner 165
Married (and not separated) 145
Living common-law 20
Not married and not living with a common-law partner 95
Single (never legally married) 55
Separated 10
Divorced 15
Widowed 15

Family Characteristics

Total number of census families in private households 95
Size of census family: 2 persons 50
Size of census family: 3 persons 20
Size of census family: 4 persons 15
Size of census family: 5 or more persons 10
Total number of census families in private households 95
Total couple families by family structure and number of children 80
Married couples 70
Without children at home 40
With children at home 30
1 child 15
2 children 15
3 or more children 0
Common-law couples 10
Without children at home 5
With children at home 5
1 child 5
2 children 0
3 or more children 0
Total lone-parent families by sex of parent and number of children 15
Female parent 10
1 child 5
2 children 0
3 or more children 5
Male parent 0
1 child 0
2 children 0
3 or more children 0
Total children in census families in private households 90
Under six years of age 20
6 to 14 years 30
15 to 17 years 10
18 to 24 years 20
25 years and over 10
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 310
Number of persons not in census families 40
Living with relatives 5
Living with non-relatives only 5
Living alone 35
Number of census family persons 265
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 50
Number of persons not in census families aged 65 years and over 15
Living with relatives 0
Living with non-relatives only 0
Living alone 10
Number of census family persons aged 65 years and over 35
Total number of private households by household type 135
Census-family households 95
One-family-only households 95
Couple-family households 80
Without children 45
With children 40
Lone-parent-family households 10
Other family households 0
One-family households with persons not in a census family 0
Couple-family households 0
Without children 0
With children 0
Lone-parent-family households 0
Two-or-more-family households 0
Non-census-family households 40
One-person households 35
Two-or-more-person households 0
Total number of occupied private dwellings by structural type of dwelling 130
Single-detached house 120
Apartment, building that has five or more storeys 0
Movable dwelling 10
Other dwelling 0
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 130
1 person 35
2 persons 55
3 persons 20
4 persons 15
5 persons 5
6 or more persons 5
Number of persons in private households 305
Average number of persons in private households 2.3

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