Real Estate Market Report for
North Rustico, PE

Updated : Aug 2016
House
  • Median price $183,500
  • Monthly growth 83.68 %
  • Quarterly trend
  • Stock on market 3.14%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
North Rustico Home Price

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When looking across the province, North Rustico is the 111th most expensive in Prince Edward Island.

In Aug the median listed house price of $183,500 in North Rustico was a below average compared to the rest of Prince Edward Island.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

According to our stats, North Rustico is the neighbourhood that has the 22th most properties available to real estate investors in Prince Edward Island.

Is North Rustico a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

Will prices rise across the next year in in North Rustico? There are a number of real estate indicators to consider.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in North Rustico have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
2 bedrooms $99,900
3 bedrooms $259,900
4 bedrooms $274,450
Demographics
  • Population in 2011583
  • Population in 2006599
  • 2006 to 2011 population change (%)-2.7
  • Total private dwellings318
  • Private dwellings occupied by usual residents277
  • Population density per square kilometre238.1
  • Land area (square km)2.45
  • Age Characteristics
    Total population by age groups 580
    0 to 4 years 15
    5 to 9 years 15
    10 to 14 years 30
    15 to 19 years 25
    15 years 5
    16 years 0
    17 years 5
    18 years 10
    19 years 5
    20 to 24 years 25
    25 to 29 years 20
    30 to 34 years 20
    35 to 39 years 20
    40 to 44 years 25
    45 to 49 years 45
    50 to 54 years 50
    55 to 59 years 60
    60 to 64 years 60
    65 to 69 years 55
    70 to 74 years 55
    75 to 79 years 40
    80 to 84 years 20
    85 years and over 20
    Median age of the population 56.7
    % of the population aged 15 and over 90.7
  • Marital Status
    Total population 15 years and over by marital status 530
    Married or living with a common-law partner 315
    Married (and not separated) 280
    Living common-law 35
    Not married and not living with a common-law partner 215
    Single (never legally married) 125
    Separated 10
    Divorced 20
    Widowed 60
    Family Characteristics
    Total number of census families in private households 185
    Size of census family: 2 persons 120
    Size of census family: 3 persons 40
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 5
    Total number of census families in private households 185
    Total couple families by family structure and number of children 155
    Married couples 140
    Without children at home 90
    With children at home 45
    1 child 30
    2 children 15
    3 or more children 5
    Common-law couples 15
    Without children at home 10
    With children at home 10
    1 child 5
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 35
    Female parent 25
    1 child 15
    2 children 10
    3 or more children 0
    Male parent 10
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 120
    Under six years of age 15
    6 to 14 years 40
    15 to 17 years 10
    18 to 24 years 25
    25 years and over 30
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 580
    Number of persons not in census families 120
    Living with relatives 20
    Living with non-relatives only 15
    Living alone 80
    Number of census family persons 460
    Average number of persons per census family 2.5
    Total number of persons 65 years and over in private households 195
    Number of persons not in census families aged 65 years and over 75
    Living with relatives 15
    Living with non-relatives only 5
    Living alone 55
    Number of census family persons aged 65 years and over 120
    Total number of private households by household type 280
    Census-family households 180
    One-family-only households 165
    Couple-family households 145
    Without children 90
    With children 50
    Lone-parent-family households 25
    Other family households 20
    One-family households with persons not in a census family 15
    Couple-family households 10
    Without children 5
    With children 5
    Lone-parent-family households 5
    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 280
    Single-detached house 230
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 45
    Semi-detached house 10
    Row house 10
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 10
    Other single-attached house 15
    Total number of private households by household size 275
    1 person 85
    2 persons 115
    3 persons 45
    4 persons 20
    5 persons 10
    6 or more persons 0
    Number of persons in private households 580
    Average number of persons in private households 2.1
Census 2011

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