Real Estate Market Report for
Lac-Mégantic, QC

Updated : Aug 2016
House
  • Median price $149,900
  • Monthly growth 66.74 %
  • Quarterly trend
  • Stock on market 1.46%
Apartment
  • Median price $199,700
  • Monthly growth
  • Quarterly trend
  • Stock on market 1.02%
Lac-Mégantic Home Price

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Lac-Mégantic was Canada’s 3874th most expensive suburb by listed median house price this month.

Want a cheaply priced house? Then at $149,900 this month, Lac-Mégantic, Quebec is somewhere that you should look at price wise.

Investors looking for properties in Lac-Mégantic are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lac-Mégantic has more than the average number to choose from compared to the rest of the province

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lac-Mégantic there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Lac-Mégantic was Canada’s 578th most expensive suburb by listed median house price this month.

When our research team crunched the numbers we calculated that Lac-Mégantic has a median home price of $199,700.

Investors looking for properties in Lac-Mégantic are most likely to find 2 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.

Across Quebec Lac-Mégantic has the 108th most properties on offer with 453.

Can we guarantee how well Lac-Mégantic 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.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Lac-Mégantic, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 24, this month we show 30.

Beds Median price (House) Median price (Apartment)
1 bedroom $199,500
2 bedrooms $147,450 $325,000
3 bedrooms $124,900 $294,950
4 bedrooms $189,900 $140,750
5 bedrooms $210,000
Demographics
  • Population in 20115932
  • Population in 20065967
  • 2006 to 2011 population change (%)-0.6
  • Total private dwellings2938
  • Private dwellings occupied by usual residents2754
  • Population density per square kilometre272.5
  • Land area (square km)21.77
  • Age Characteristics
    Total population by age groups 5935
    0 to 4 years 290
    5 to 9 years 310
    10 to 14 years 270
    15 to 19 years 330
    15 years 60
    16 years 60
    17 years 70
    18 years 75
    19 years 60
    20 to 24 years 255
    25 to 29 years 275
    30 to 34 years 345
    35 to 39 years 280
    40 to 44 years 305
    45 to 49 years 420
    50 to 54 years 460
    55 to 59 years 510
    60 to 64 years 435
    65 to 69 years 365
    70 to 74 years 280
    75 to 79 years 300
    80 to 84 years 245
    85 years and over 270
    Median age of the population 48.6
    % of the population aged 15 and over 85.3
  • Marital Status
    Total population 15 years and over by marital status 5060
    Married or living with a common-law partner 2745
    Married (and not separated) 1720
    Living common-law 1030
    Not married and not living with a common-law partner 2320
    Single (never legally married) 1230
    Separated 115
    Divorced 400
    Widowed 570
    Family Characteristics
    Total number of census families in private households 1605
    Size of census family: 2 persons 975
    Size of census family: 3 persons 280
    Size of census family: 4 persons 260
    Size of census family: 5 or more persons 95
    Total number of census families in private households 1605
    Total couple families by family structure and number of children 1330
    Married couples 820
    Without children at home 575
    With children at home 245
    1 child 100
    2 children 100
    3 or more children 45
    Common-law couples 510
    Without children at home 230
    With children at home 285
    1 child 95
    2 children 140
    3 or more children 45
    Total lone-parent families by sex of parent and number of children 270
    Female parent 210
    1 child 125
    2 children 60
    3 or more children 20
    Male parent 65
    1 child 40
    2 children 20
    3 or more children 5
    Total children in census families in private households 1390
    Under six years of age 365
    6 to 14 years 500
    15 to 17 years 190
    18 to 24 years 225
    25 years and over 110
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 5590
    Number of persons not in census families 1265
    Living with relatives 65
    Living with non-relatives only 95
    Living alone 1105
    Number of census family persons 4320
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 1135
    Number of persons not in census families aged 65 years and over 425
    Living with relatives 25
    Living with non-relatives only 15
    Living alone 385
    Number of census family persons aged 65 years and over 710
    Total number of private households by household type 2755
    Census-family households 1600
    One-family-only households 1555
    Couple-family households 1300
    Without children 785
    With children 515
    Lone-parent-family households 250
    Other family households 45
    One-family households with persons not in a census family 40
    Couple-family households 20
    Without children 10
    With children 10
    Lone-parent-family households 15
    Two-or-more-family households 10
    Non-census-family households 1160
    One-person households 1105
    Two-or-more-person households 50
    Total number of occupied private dwellings by structural type of dwelling 2755
    Single-detached house 1480
    Apartment, building that has five or more storeys 0
    Movable dwelling 40
    Other dwelling 1230
    Semi-detached house 65
    Row house 75
    Apartment, duplex 345
    Apartment, building that has fewer than five storeys 730
    Other single-attached house 15
    Total number of private households by household size 2755
    1 person 1105
    2 persons 980
    3 persons 290
    4 persons 275
    5 persons 70
    6 or more persons 35
    Number of persons in private households 5590
    Average number of persons in private households 2
Census 2011

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