Photo: Cantons-de-l'Est · CC BY-SA 4.0A home in Waterville is worth 23% less than the middle of Quebec’s towns
That is a median of $230,000 at the 2021 census, set beside $300,000 for Quebec’s towns. No sales are published for towns in Quebec, Waterville included, so owners’ values are the measure. For property tax, the 2025 roll sets the median single-family home at $311,500, on July 1, 2023 market values.
What Waterville’s homes are worth, two ways
Each source sits beside its own median for Quebec’s towns; none compares across provinces, which value homes in their own ways. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch.
median, owners’ estimate
- Average
- $252K
- Owners
- 665
- 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 median house in Waterville was built in 1972, against 1981 for Quebec’s towns
Dwellings on the roll of Waterville: 66% in single-family houses, 19% in plexes, 12% in buildings of six units or more and 2% in condos.
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.
Major repairs needed: 11% of the homes in Waterville, where Quebec’s towns have 6%
The 2021 census counted 910 occupied homes in Waterville; 76% of them are single-detached houses. The older half dates from before 1981.
Homes by period of construction the tick is the median of Quebec’s towns
Homes by kind
| Waterville | Quebec | Canada | |
|---|---|---|---|
| Condominiums | 5% | 8% | 8% |
| Needing major repairs | 11% | 6% | 6% |
| Too small for the household | 4% | 2% | 3% |
| Households in core housing need | 3% | 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 Waterville ran at 28.4 homes a year per 1,000, where Quebec’s towns ran at 15.1
From 2018 to 2023, permits in Waterville created 149 homes, about 25 a year. The mix: 30% in single-unit buildings, beside 39% for Quebec’s towns.
The busiest year: 2022, with 43 new homes
New homes a year per 1,000 homes
1,847 new homes in the 12 months to August 2026, down 26% on the year before
Measured across the Sherbrooke metro area: monthly permits
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.
Waterville is 23% below the $300,000 median of Quebec’s towns
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.
Home values around Waterville
The places around Waterville at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Waterville | $230K | $252K | 74% | |
| Hatley | $400K | $500K | 89% | 3 |
| Compton | $250K | $264K | 77% | 7.5 |
| Sherbrooke | $250K | $292K | 50% | 11 |
| Sainte-Catherine-de-Hatley | $400K | $468K | 93% | 12.4 |
| Ascot Corner | $300K | $319K | 83% | 18.5 |
| Ayer's Cliff | $310K | $424K | 81% | 18.8 |
Census 2021 values; km.
Questions about property prices in Waterville
Is Waterville expensive for Quebec?
On census values, Waterville sits among the cheaper of Quebec’s towns (median $300,000).
How many households in Waterville are in core housing need?
About as many as elsewhere: 3% of households in Waterville, 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).