Buying a home in Quebec starts with knowing what homes actually sell for in the part of the province you want to live in. Once you know the going rate, it's much easier to set a budget and shop for a mortgage that fits it.
The latest CREA figures put the average house price in Quebec at $563,241 for September 2026, up 2.2% over twelve months.1 That leaves Quebec about $103,000 cheaper than the average house price in Canada, but the number swings a lot depending on whether you buy in Montreal, Quebec City or a smaller region.
Look for homes whose listing prices leave room in your budget. Even if you can carry the mortgage, you still need money for groceries, bills and everything else. Below are current prices around the province, plus two things only Quebec buyers deal with: the welcome tax and closing with a notary.
Key Points
- In September 2026, Quebec's average house price was $563,241, a 2.2% rise over twelve months.
- Smaller regions are gaining fastest, with benchmark prices up 8.6% in Centre-du-Quebec and 7.3% in Estrie over the year.
- At $666,538, the national average is about $103,000 higher than Quebec's, and Ontario and British Columbia cost far more.
- Your mortgage would cost roughly $2,600 to $3,200 a month on an average-priced Quebec home, with your down payment deciding where you land in that range.
- Buyers usually owe a one-time welcome tax, and first-time buyers can now claim up to $5,875 of it back with a new provincial tax credit.
How High Is The Average House Price In Quebec These Days?
At $563,241, Quebec's September 2026 average was 2.2% higher than in September 2025.1 Keep in mind this is one number for the whole province, and a house in Montreal and a house in Mauricie can be priced far apart. Even with prices still climbing, Quebec is one of the more affordable large provinces.
There's a second way to measure prices: the benchmark in CREA's MLS Home Price Index (HPI). Instead of averaging whatever sold that month, it prices a typical home, so a month with lots of big, expensive homes changing hands doesn't throw it off. Quebec's composite benchmark was $537,100 in September 2026.1 It's up 1.1% on the year but sits 2.5% under the April 2026 high of $550,800. In January 2005 the same benchmark was $172,600, so it has roughly tripled since then.
Quebec Benchmark Home Price, 2005 To 2026
Peak $550,800 in April 2026 | September 2026: $537,100
Source: CREA MLS Home Price Index, Quebec composite benchmark price, not seasonally adjusted.
Which Quebec Regions Cost The Most?
Montreal has the highest prices in Quebec, while the smaller regions are growing fastest. These were the September 2026 benchmark prices in the five main markets:
| Region | Typical Home Price (Sept. 2026) | Change Over 12 Months |
|---|---|---|
| Montreal CMA | $578,200 | 0.0% |
| Estrie (Sherbrooke area) | $475,400 | +7.3% |
| Quebec City CMA | $445,800 | +4.7% |
| Centre-du-Quebec | $366,600 | +8.6% |
| Mauricie (Trois-Rivieres area) | $331,200 | +6.1% |
Source: CREA MLS Home Price Index (September 2026).1 Each figure is the benchmark for a typical home in that area. Montreal is the biggest and busiest market in the province, and our guide to average home prices in Montreal breaks its prices down by type of home.
Reading across the regions:
- Montreal sits at the top - At $578,200, its benchmark leads the province, though it didn't move over the year.
- Centre-du-Quebec is rising fastest - Prices there climbed 8.6%, yet at $366,600 it's still one of the cheaper places to buy.
- Estrie and Mauricie are closing the gap - Their benchmarks grew 7.3% and 6.1%, with buyers drawn to Sherbrooke and Trois-Rivieres.
- Quebec City keeps gaining - Its benchmark rose 4.7% to $445,800.
Median prices come from QPAREB (Quebec Professional Association of Real Estate Brokers). Between July and September 2026, the median across the province was $500,000 for a single-family home (up 2%), $400,000 for a condo (no change) and $699,000 for a plex (up 8%).2 A median is the middle sale, so half the homes sold for less.
How Do Quebec Prices Stack Up Across Canada?
Quebec is about $103,000 cheaper than the national average and well below neighbouring Ontario, yet its prices are growing faster than in several other provinces. The table puts them all side by side.
| Province | Price, September 2026 | 1-Year Change |
|---|---|---|
| Canada | $666,538 | -1.6% |
| British Columbia | $923,887 | -2.4% |
| Ontario | $791,691 | -4.3% |
| Quebec | $563,241 | 2.2% |
| Alberta | $525,308 | 5.2% |
| Nova Scotia* | $423,200 | -2.5% |
| Manitoba* | $388,200 | 3.4% |
| Prince Edward Island* | $377,900 | 0.5% |
| Saskatchewan* | $376,700 | 2.8% |
| Newfoundland and Labrador* | $355,600 | 5.5% |
| New Brunswick* | $341,700 | 2.7% |
Source: CREA (September 2026).1 Rows with an asterisk use the HPI benchmark, and the other rows use average sale prices. Ontario fell 4.3% and British Columbia fell 2.4% over the year, while Quebec rose 2.2%, helped by steady demand and prices many buyers can still reach.
Why Do Quebec Prices Keep Climbing?
Prices keep rising because, in most of Quebec, buyers still outnumber the homes for sale. QPAREB said most markets still favoured sellers in the third quarter of 2026.2
More listings are coming, just not quickly. Active listings in the province rose 20% to 42,408 in the third quarter.2 Around Quebec City, inventory was still 54% under its 10-year average.2
Buyers are also turning to smaller cities. Third-quarter sales were up 12% in both Sherbrooke and Trois-Rivieres and down 12% in the Montreal area.2 That's a big part of why Estrie and Mauricie prices are outpacing Montreal's.
How Big Would Your Payment Be On A $563,241 Quebec Home?
On a home at Quebec's $563,241 average, two things set your monthly payment: the size of your down payment and your interest rate. Each example assumes you lock in 5% fixed and pay the loan off over 25 years.
Swipe to see all →
| Down Payment | Amount Down | Mortgage Insurance Premium | Total Mortgage | Monthly Payment |
|---|---|---|---|---|
| Minimum (5.56%)* | $31,324 | $21,277 (4.00%) | $553,194 | $3,217 |
| 10% | $56,324 | $15,714 (3.10%) | $522,631 | $3,040 |
| 20% | $112,648 | None | $450,593 | $2,621 |
*Canada's minimum down payment rule: 5% of the first $500,000 and 10% of anything above it. For a $563,241 purchase, that's $25,000 plus $6,324, or $31,324 in total (5.56% of the price).
These numbers are for illustrative purposes only. Actual numbers may vary.
Below 20% down, you also pay a mortgage default insurance premium, and it's rolled into the loan. That's why the first two rows show a bigger mortgage. Quebec also charges its 9% provincial sales tax on the premium, and since that tax can't be rolled into the mortgage, you pay it at closing. At the minimum down payment, plan for about $1,915.
What Happens To The Payment If Your Rate Moves?
Say you put 20% down and borrow $450,593. Every time the rate moves half a point, the payment goes up or down by roughly $124 to $133.
| Interest Rate | Monthly Payment | Total Interest Over 25 Years |
|---|---|---|
| 4.0% | $2,370 | $260,470 |
| 4.5% | $2,494 | $297,580 |
| 5.0% | $2,621 | $335,608 |
| 5.5% | $2,750 | $374,521 |
| 6.0% | $2,883 | $414,284 |
These numbers are for illustrative purposes only. Actual numbers may vary.
The calculator below lets you swap in your own numbers.
Mortgage Calculator
| Amortization | Payment | Total interest | Total paid |
|---|---|---|---|
| 15 years | $3,356.62 | $164,191.53 | $604,191.53 |
| 20 years | $2,773.78 | $225,707.84 | $665,707.84 |
| 25 years | $2,435.28 | $290,584.30 | $730,584.30 |
| 30 years | $2,218.55 | $358,677.44 | $798,677.44 |
| Year | Principal paid | Interest paid | Balance left |
|---|---|---|---|
| Year 1 | $9,805.24 | $19,418.13 | $430,194.76 |
| Year 2 | $10,251.44 | $18,971.93 | $419,943.33 |
| Year 3 | $10,717.94 | $18,505.43 | $409,225.38 |
| Year 4 | $11,205.67 | $18,017.70 | $398,019.71 |
| Year 5 | $11,715.60 | $17,507.77 | $386,304.11 |
| Year 6 | $12,248.74 | $16,974.64 | $374,055.37 |
| Year 7 | $12,806.13 | $16,417.24 | $361,249.24 |
| Year 8 | $13,388.89 | $15,834.48 | $347,860.35 |
| Year 9 | $13,998.17 | $15,225.20 | $333,862.18 |
| Year 10 | $14,635.17 | $14,588.20 | $319,227.01 |
| Year 11 | $15,301.16 | $13,922.21 | $303,925.85 |
| Year 12 | $15,997.46 | $13,225.91 | $287,928.39 |
| Year 13 | $16,725.45 | $12,497.93 | $271,202.94 |
| Year 14 | $17,486.56 | $11,736.81 | $253,716.38 |
| Year 15 | $18,282.31 | $10,941.07 | $235,434.07 |
| Year 16 | $19,114.27 | $10,109.11 | $216,319.81 |
| Year 17 | $19,984.08 | $9,239.29 | $196,335.72 |
| Year 18 | $20,893.49 | $8,329.89 | $175,442.24 |
| Year 19 | $21,844.27 | $7,379.10 | $153,597.97 |
| Year 20 | $22,838.32 | $6,385.05 | $130,759.65 |
| Year 21 | $23,877.61 | $5,345.77 | $106,882.04 |
| Year 22 | $24,964.19 | $4,259.19 | $81,917.86 |
| Year 23 | $26,100.21 | $3,123.16 | $55,817.64 |
| Year 24 | $27,287.94 | $1,935.44 | $28,529.71 |
| Year 25 | $28,529.71 | $693.66 | $0.00 |
Estimates only. How we calculate: home price minus your down payment, repaid in equal payments at your rate, with interest compounded semi-annually, as fixed-rate mortgages in Canada usually are. Accelerated payments are your monthly payment split in two (bi-weekly) or four (weekly), which pays the mortgage off sooner. With less than 20% down on a home under $1.5 million, the CMHC default insurance premium (2.80% to 4.00% of the loan, by down payment) is added to the mortgage; in Ontario, Quebec and Saskatchewan, the provincial sales tax on it is due at closing and isn't included. Property tax and other fees are not included.
How Does Quebec's Welcome Tax Work?
The welcome tax is a one-time charge your municipality bills you for after you buy a home in Quebec. Its official name is the transfer duty, or droit de mutation, and it's Quebec's version of a land transfer tax. The municipality uses whichever is highest: the price you paid, the price written in the deed of sale, or the municipal assessment times a comparative factor.3
Rates go up in steps. Each rate only touches the slice of the price inside its bracket, so you never pay the top rate on the whole amount. The brackets are adjusted every year, and municipalities set their own rates on the upper brackets. Here is what Quebec City charges in 2026:3
| Part Of The Price | Rate |
|---|---|
| Up to $62,900 | 0.5% |
| $62,900 to $315,000 | 1.0% |
| $315,000 to $500,000 | 1.5% |
| $500,000 to $750,000 | 2.5% |
| Over $750,000 | 3.0% |
Montreal sets separate brackets, topping out at 4% on any amount over $3,113,000.4
First-time buyers now get a big part of this tax back. Under Quebec's new refundable credit, the first $5,000 of welcome tax is covered completely, and 25% of anything over $5,000 is added on top, up to $5,875 in total.5 Purchases from January 1, 2026 onward qualify. Homes valued over $750,000 get a smaller credit, and at $1 million there's no credit at all.5
On a home at the $563,241 average, this is the bill in Quebec's two largest cities:
| City | Welcome Tax | After The First-Time Buyer Credit |
|---|---|---|
| Montreal | $6,614 | $1,210 |
| Quebec City | $7,192 | $1,644 |
These numbers are for illustrative purposes only. Actual numbers may vary.
This bill is separate from your down payment, and it arrives after closing, so set the money aside early. In Quebec City, that's about $7,192 on an average-priced home.
Why Do You Need A Notary To Buy In Quebec?
In Quebec, a notary handles your purchase instead of a lawyer, and that's the main way buying here differs from the rest of Canada. The notary prepares the deed of sale, checks the title, registers your mortgage, holds the money in trust and closes the sale.
Notary fees are part of your closing costs. They change from one notary and one deal to the next, so get a quote before you hire one. Buyer and seller can agree on who picks the notary, but the buyer usually pays the fee.
Do You Pay Sales Tax On A New Build In Quebec?
You may. Sales taxes and rebates can apply when you buy a newly built home instead of a resale. Ask your builder and your notary what you'll owe before you sign anything.
Will Higher Interest Rates Cool Quebec Prices?
They can, because rates decide how many people are able to buy. Cheaper borrowing brings more buyers into the market, and when more of them chase the same listings, prices tend to climb.
Higher rates work the other way. Bigger payments thin out the pool of buyers, which can slow price growth. On October 28, 2026, a Bank of Canada increase brought its policy rate to 2.50%, up from 2.25%. Quebec sales had cooled even before that, with 20,935 homes sold in the third quarter, 7% fewer than a year before.2
Which Factors Set The Price Of A Quebec Home?
Sellers choose a listing price with their agent, and a home priced well usually sells close to that number, even if not exactly at it. These are the main things behind the price.
Supply And Demand
When buyers outnumber listings, it's a seller's market and prices usually go up. When listings outnumber buyers, it's a buyer's market, so prices tend to ease and you can bargain more.
Much of Quebec still leans toward sellers. QPAREB says single-family homes around Montreal still favour sellers, while condos on the Island of Montreal fall between a balanced market and a buyer's market.2 So if you want a condo on the island, you may have more room to negotiate than buyers elsewhere in Quebec.
Jobs And Wages
When more people in Quebec have steady work and rising pay, more households can afford to buy, and that holds prices up. When job losses climb, fewer households can buy, which puts a lid on prices.
Location And Neighbourhood
Homes close to transit, schools, grocery stores and parks are worth more. So is a home on a quiet cul-de-sac compared with one on a busy street, and a neighbourhood's reputation counts too.
Recent Sales Nearby (Comps)
Your agent compares the home with similar ones close by that sold recently, matching size and type as closely as possible. Better matches give a more accurate price.
Age And Upkeep
Condition can split the value of two otherwise similar homes. One that's been kept up and updated sells for more than one that needs work.
Size And Upgrades
Things most buyers want, such as a renovated kitchen, hardwood floors or a garage, raise the price. Bigger homes on bigger lots usually sell for more than smaller homes in the same area.
How Do You Know What You Can Afford In Quebec?
Your budget comes down to what you earn, what you already owe and what the home will cost to own. Two steps help you put a number on it.
- Write down your monthly spending - Include credit cards, car and student loans, insurance, utilities, groceries and subscriptions, then subtract the total from your income. The money left is what you can put toward a mortgage.
- Work out your GDS and TDS - Together, these ratios form your debt service ratio. Lenders look at both before they agree to lend you a set amount.
How Lenders Measure Your Debt
Gross debt service (GDS) is the share of your income spent on housing. That means your mortgage (principal plus interest), your property taxes and, for a condo, half the fees. Lenders each have their own maximum.
Total debt service (TDS) takes those housing costs, adds your other debt payments and measures the total against your income. Go over the lender's limit and you might be approved for less than you applied for.
To get a fuller picture before you start touring homes, check your mortgage affordability.
Average Home Prices Across Canada
Which Ongoing Costs Come With Owning In Quebec?
Your mortgage isn't the only bill. Plan for these one-time and ongoing costs so that owning the home doesn't leave you short every month:
| Cost | What It Covers |
|---|---|
| Welcome tax | A one-time charge your municipality bills after closing. The 2026 rates and the first-time buyer credit are explained above. |
| Property taxes | Each municipality picks its own rate, charged against the assessed value of your home. Quebec City's 2026 rate for buildings with 1 to 5 units is $0.7464 per $100 of assessment. A $400,000 assessment would mean a bill of about $2,986 a year, plus $386 for water and sewer and $195 per dwelling for waste collection.6 |
| Home insurance | Lenders won't approve your mortgage until the home is insured. |
| Utilities | Monthly bills for heat, power, water and internet. |
| Maintenance and repairs | Regular upkeep protects the home's value, and repairs come up when something breaks. |
| Condo fees | Condo owners pay monthly fees for shared upkeep, which take care of some costs a freehold owner pays directly. |
Can First-Time Buyers Get Help In Quebec?
Yes. If you're buying your first home, Quebec's new refundable credit can return up to $5,875 of your welcome tax.5 Other federal and provincial programs may help with buying or renting, so see which ones you qualify for before you buy.
Before You Buy In Quebec
Next to Ontario and British Columbia, Quebec is an affordable place to buy, but it has its own costs and steps, like the welcome tax and closing with a notary. A home at the $563,241 average puts your monthly mortgage somewhere around $2,600 to $3,200, with property taxes, insurance and upkeep on top. Wherever you're looking in Quebec, review your finances, build up your down payment and shop for homes that fit your budget with room to spare.
Average House Price In Quebec FAQs
How much does an average home cost in Quebec in 2026?
Is it cheaper to buy a house in Quebec or Ontario?
How is Quebec's welcome tax calculated?
What would the mortgage on a $563,241 home in Quebec cost per month?
Who handles the closing when you buy a home in Quebec?
How much do condos sell for across Quebec?
Have Quebec home prices risen this year?
Can first-time buyers get money back on the welcome tax?
Sources
- Canadian Real Estate Association (CREA), "National price map and MLS Home Price Index (September 2026)," crea.ca, accessed October 2026.
- Quebec Professional Association of Real Estate Brokers (QPAREB), "Quebec's residential real estate market continues to transition, yet most markets remain seller-friendly," apciq.ca, October 14, 2026.
- Ville de Quebec, "Droits de mutation immobiliere," ville.quebec.qc.ca, accessed October 2026.
- Ville de Montreal, "How property transfer duties are calculated," montreal.ca, updated January 12, 2026.
- Gouvernement du Quebec, "Quebec vient en aide aux acheteurs d'une premiere habitation," quebec.ca, April 17, 2026.
- Ville de Quebec, "Taux de taxation 2026," ville.quebec.qc.ca, accessed October 2026.
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