Photo: Élie Gagnon · CC BY-SA 3.0Home values in Fermont run 83% lower than the median of Quebec’s towns
In figures: $50,000 for the median home in 2021, $300,000 for the middle of Quebec’s towns. Statistics Canada’s housing statistics carry no sale prices in Quebec; the census value stands in for Fermont. On the 2025 property roll, single-family homes have a median of $273,800, valued as of July 1, 2023.
What Fermont’s homes are worth, two ways
Two sources, each set against Quebec’s towns only: provinces measure value differently, so they don’t line up across borders. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates.
median, owners’ estimate
- Average
- $75K
- Owners
- 580
- Quebec’s towns
- $300K
- The typical Canadian town
- $406K
single-family, market at July 1, 2023
- Quebec’s towns
- $353K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
The roll values semi-detached and row houses in Fermont at $234,750, 27% less than across Quebec’s towns
On Fermont’s roll, the dwellings sit 50% in single-family houses, 23% in buildings of six units or more and 6% in plexes. There are 75 chalets on it too, with a median of $21,600.
Median roll value by kind, 2025 the tick is the median of Quebec’s towns
Dwellings by kind of building
Rôle d’évaluation foncière 2025 (MAMH): a kind’s median needs 10 units or more; plexes are valued per building; each municipality’s roll has its own market date. The ticks are the median of Québec’s municipalities with their own roll.
How Fermont’s homes break down, by age and kind
At the 2021 census, 44% of Fermont’s 980 occupied homes were single-detached houses. Half went up before 1981.
Homes by period of construction the tick is the median of Quebec’s towns
Homes by kind
| Fermont | Quebec | Canada | |
|---|---|---|---|
| Condominiums | 10% | 8% | 8% |
| Needing major repairs | 8% | 6% | 6% |
| Too small for the household | 1% | 2% | 3% |
| Households in core housing need | under 1% | 3% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Fermont against Quebec’s towns: 83% under the $300,000 median
The census values of Quebec’s towns, 510 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Fermont’s neighbours by home value
Next to Fermont: 2021 census values and the share of owners. The nearest places to Fermont with figures are 19–20 km away.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Fermont | $50K | $75K | 59% | |
| Wabush | $250K | $283K | 84% | 19.1 |
| Labrador City | $300K | $296K | 78% | 19.9 |
Census 2021 values; km.
Questions about property prices in Fermont
Is Fermont expensive for Quebec?
Less than most: Quebec’s towns have a median of $300,000, and Fermont sits below it.
How many households in Fermont are in core housing need?
under 1% of Fermont’s households, under the 3% of Quebec’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Sources: Statistics Canada, Census of Population 2021 · Ministère des Affaires municipales et de l’Habitation, rôle d’évaluation foncière 2026. Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).