Photo: Simon Villeneuve · CC BY-SA 3.0Lac-Mégantic sits 40% below Quebec’s towns on home values
The 2021 census gives $180,000 as the median value; Quebec’s towns come to $300,000. Statistics Canada doesn’t publish sales in Quebec, so nothing here says what Lac-Mégantic’s homes actually sold for. For property tax, the 2025 roll sets the median single-family home at $222,000, on July 1, 2023 market values.
Two ways to price a home in Lac-Mégantic
Two sources, each set against Quebec’s towns only: provinces measure value differently, so they don’t line up across borders. Self-assessed in May 2021, these values predate the rate rises that followed.
median, owners’ estimate
- Average
- $209K
- Owners
- 1,575
- 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 plexes in Lac-Mégantic at $219,400, 47% less than across Quebec’s towns
The roll puts Lac-Mégantic’s dwellings at 47% in single-family houses, 29% in plexes, 19% in buildings of six units or more and 2% in condos. It lists 27 chalets as well, at $325,700 in the middle.
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.
Before 1961: 38% of the homes in Lac-Mégantic, where Quebec’s towns have 21%
Lac-Mégantic had 2,940 occupied homes at the 2021 census, 49% of them single-detached houses.
Homes by period of construction the tick is the median of Quebec’s towns
Homes by kind
| Lac-Mégantic | Quebec | Canada | |
|---|---|---|---|
| Condominiums | 10% | 8% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 2% | 2% | 3% |
| Households in core housing need | 2% | 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.
Permits in Lac-Mégantic ran at 13.2 homes a year per 1,000, near the 15.1 of Quebec’s towns
Lac-Mégantic issued permits for 224 new homes from 2018 to 2023, or about 37 a year. Very few were houses: 16% in single-unit buildings (Quebec’s towns: 39%).
A peak in 2023: 77 new homes
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Lac-Mégantic is cheaper than most of Quebec’s towns: 40% under their $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.
Cheaper next to Lac-Mégantic: Nantes and Lac-Drolet
The places around Lac-Mégantic at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Lac-Mégantic | $180K | $209K | 54% | |
| Nantes | $156K | $186K | 81% | 4.5 |
| Frontenac | $200K | $246K | 87% | 4.7 |
| Lac-Drolet | $125K | $148K | 78% | 18.3 |
Census 2021 values; km.
Questions about property prices in Lac-Mégantic
Is Lac-Mégantic expensive for Quebec?
No: Lac-Mégantic’s census median is below the $300,000 of Quebec’s towns.
How many households in Lac-Mégantic are in core housing need?
About as many as elsewhere: 2% of households in Lac-Mégantic, where Quebec’s towns sit at 3%.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292) · 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).