Photo: CanadianPhotographer · CC0Montréal’s single-family homes are on the roll at 91% more than the median of Quebec’s towns
In May 2021 the median owned home was worth $500,000 by its owner’s reckoning, the average one $584,500. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales. Statistics Canada doesn’t publish sales in Quebec, so nothing here says what Montréal’s homes actually sold for.
Two ways to price a home in Montréal
Two sources, each set against Quebec’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $585K
- Owners
- 297,340
- Quebec’s towns
- $300K
- The typical Canadian town
- $406K
single-family, market at July 1, 2024
- 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).
In Montréal, plexes are on the roll at a median $852,300, 106% above Quebec’s towns
By kind of building, Montréal’s dwellings on the roll split 36% in plexes, 34% in buildings of six units or more, 17% in condos and 13% in single-family houses. Chalets add 33 more entries, valued at a median $181,500.
Median roll value by kind, 2026 the tick is the median of Quebec’s towns
Dwellings by kind of building
Rôle d’évaluation foncière 2026 (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.
More apartments than most: 73% of the homes in Montréal (Quebec’s towns: 22%)
The 2021 census counted 816,355 occupied homes in Montréal. At least half predate 1981.
Homes by period of construction the tick is the median of Quebec’s towns
Homes by kind
| Montréal | Quebec | Canada | |
|---|---|---|---|
| Condominiums | 22% | 8% | 8% |
| Needing major repairs | 9% | 6% | 6% |
| Too small for the household | 9% | 2% | 3% |
| Households in core housing need | 11% | 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.
Building behind Quebec’s towns: 11.3 new homes a year per 1,000 in Montréal, against 15.1
Some 10,054 homes a year: 60,325 in all were permitted in Montréal from 2018 to 2023. Only 1% went into single-unit buildings, beside 39% for Quebec’s towns.
Most in 2018: 14,125 new homes
New homes a year per 1,000 homes
Up 19%: 31,370 new homes in the year to August 2026
The monthly permits numbers here cover the Montréal metro area
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.
Montréal is dearer than most of Quebec’s towns: 67% above their $300,000 median
510 of Quebec’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Montréal’s neighbours by home value
Next to Montréal: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Montréal | $500K | $585K | 36% | |
| Saint-Édouard | $552K | $624K | 30% | 0.7 |
| Parc-Jarry | $650K | $648K | 39% | 1.1 |
| Parc-Extension | $552K | $565K | 20% | 1.2 |
| Crémazie | $600K | $613K | 27% | 1.4 |
| Père-Marquette | $520K | $593K | 30% | 1.5 |
| Outremont | $800K | $1.22M | 55% | 1.7 |
Census 2021 values; km.
Questions about property prices in Montréal
How many households in Montréal are in core housing need?
In Montréal, 11% of households are in core housing need, against 3% for Quebec’s towns: their home costs too much, is too small or needs major repairs, and nothing suitable nearby costs under 30% of their income.
Is Montréal expensive for Quebec?
Above the norm for Quebec’s towns, whose median home is worth $300,000; Montréal’s is worth more.
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).