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Mont-Carmel, PE

Updated: May 2016
House
Median price $184,450
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.26%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Mont-Carmel Home Price

When looking across the province, Mont-Carmel is the 100th most expensive in Prince Edward Island.

When our research team crunched the numbers we calculated that Mont-Carmel has a median home price of $184,450.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in May this neighbourhood’s most common listing the same as the national average.

It’s never an exact art, but to try to forecast how property is going to appreciate in Mont-Carmel for investors, it’s important to look at data like:

In Mont-Carmel, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Mont-Carmel needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
3 bedrooms $119,450
Demographics
  • Population in 20111122
  • Population in 20061211
  • 2006 to 2011 population change (%)-7.3
  • Total private dwellings771
  • Private dwellings occupied by usual residents459
  • Population density per square kilometre11.8
  • Land area (square km)94.76

Age Characteristics

Total population by age groups 1125
0 to 4 years 35
5 to 9 years 60
10 to 14 years 70
15 to 19 years 60
15 years 15
16 years 15
17 years 5
18 years 5
19 years 15
20 to 24 years 65
25 to 29 years 60
30 to 34 years 45
35 to 39 years 55
40 to 44 years 75
45 to 49 years 110
50 to 54 years 130
55 to 59 years 95
60 to 64 years 90
65 to 69 years 55
70 to 74 years 55
75 to 79 years 40
80 to 84 years 30
85 years and over 5
Median age of the population 46.5
% of the population aged 15 and over 85.7

Marital Status

Total population 15 years and over by marital status 960
Married or living with a common-law partner 690
Married (and not separated) 575
Living common-law 110
Not married and not living with a common-law partner 275
Single (never legally married) 195
Separated 20
Divorced 35
Widowed 35

Family Characteristics

Total number of census families in private households 375
Size of census family: 2 persons 215
Size of census family: 3 persons 75
Size of census family: 4 persons 65
Size of census family: 5 or more persons 20
Total number of census families in private households 375
Total couple families by family structure and number of children 340
Married couples 290
Without children at home 165
With children at home 125
1 child 60
2 children 55
3 or more children 15
Common-law couples 55
Without children at home 30
With children at home 25
1 child 15
2 children 10
3 or more children 0
Total lone-parent families by sex of parent and number of children 35
Female parent 20
1 child 15
2 children 0
3 or more children 0
Male parent 10
1 child 10
2 children 0
3 or more children 0
Total children in census families in private households 295
Under six years of age 45
6 to 14 years 120
15 to 17 years 35
18 to 24 years 65
25 years and over 35
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 1120
Number of persons not in census families 110
Living with relatives 5
Living with non-relatives only 20
Living alone 85
Number of census family persons 1015
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 180
Number of persons not in census families aged 65 years and over 30
Living with relatives 5
Living with non-relatives only 5
Living alone 25
Number of census family persons aged 65 years and over 150
Total number of private households by household type 455
Census-family households 370
One-family-only households 355
Couple-family households 330
Without children 185
With children 140
Lone-parent-family households 30
Other family households 15
One-family households with persons not in a census family 10
Couple-family households 5
Without children 5
With children 5
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 90
One-person households 85
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 455
Single-detached house 395
Apartment, building that has five or more storeys 0
Movable dwelling 40
Other dwelling 20
Semi-detached house 10
Row house 0
Apartment, duplex 5
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 460
1 person 80
2 persons 215
3 persons 80
4 persons 60
5 persons 15
6 or more persons 5
Number of persons in private households 1125
Average number of persons in private households 2.4

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