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65% of buying activity in the city is coming from people leaving the GTA says Barrie-based Jeremy Brooks of Engels & Völkers. That’s also had a profound effect on the price of single-family detached houses.

Chicoutimi, QC

Updated: Aug 2016
House
Median price $199,000
Monthly growth 123.59 %
Quarterly trend
Stock on market 0.55%
Apartment
Median price $179,000
Monthly growth
Quarterly trend
Stock on market 0.21%

Chicoutimi Home Price

The $199,000 price tag on the median Chicoutimi home means that it is about average price.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 4.

Across Quebec Chicoutimi has the 9th most properties on offer with 1047.

As one of Quebec’s many potential real estate investment neighbourhoods, Chicoutimi needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

In Chicoutimi, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

The median house price listed in Chicoutimi this month is $179,000.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

There are 453 neighbourhoods that have more properties on sale than Chicoutimi at the moment in Quebec which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.

When we look at the data we have, it can help with trying to establish whether or not Chicoutimi is a good investment target.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Chicoutimi there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Find a mortgage broker in Chicoutimi, QC
Beds Median price (House) Median price (Apartment)
1 bedroom $167,330 $197,750
2 bedrooms $189,500 $170,028
3 bedrooms $189,850 $209,000
4 bedrooms $215,000 $225,000
5 bedrooms $235,000
6 bedrooms $215,000
Demographics
  • Population in 2011144746
  • Population in 2006143692
  • 2006 to 2011 population change (%)0.7
  • Total private dwellings66798
  • Private dwellings occupied by usual residents64228
  • Population density per square kilometre128.5
  • Land area (square km)1126.48

Age Characteristics

Total population by age groups 144745
0 to 4 years 6985
5 to 9 years 6445
10 to 14 years 6920
15 to 19 years 8895
15 years 1590
16 years 1660
17 years 1770
18 years 1890
19 years 1985
20 to 24 years 8965
25 to 29 years 8580
30 to 34 years 8955
35 to 39 years 7750
40 to 44 years 7735
45 to 49 years 11350
50 to 54 years 13605
55 to 59 years 12365
60 to 64 years 10465
65 to 69 years 8200
70 to 74 years 5920
75 to 79 years 4915
80 to 84 years 3725
85 years and over 2980
Median age of the population 45.6
% of the population aged 15 and over 85.9

Marital Status

Total population 15 years and over by marital status 124395
Married or living with a common-law partner 73475
Married (and not separated) 44405
Living common-law 29070
Not married and not living with a common-law partner 50925
Single (never legally married) 32480
Separated 1630
Divorced 8380
Widowed 8430

Family Characteristics

Total number of census families in private households 42225
Size of census family: 2 persons 23930
Size of census family: 3 persons 8795
Size of census family: 4 persons 7060
Size of census family: 5 or more persons 2450
Total number of census families in private households 42230
Total couple families by family structure and number of children 36290
Married couples 21785
Without children at home 13120
With children at home 8665
1 child 3845
2 children 3430
3 or more children 1390
Common-law couples 14505
Without children at home 6955
With children at home 7555
1 child 3285
2 children 3290
3 or more children 980
Total lone-parent families by sex of parent and number of children 5935
Female parent 4425
1 child 2860
2 children 1235
3 or more children 335
Male parent 1505
1 child 990
2 children 435
3 or more children 80
Total children in census families in private households 36765
Under six years of age 8295
6 to 14 years 11915
15 to 17 years 4880
18 to 24 years 8230
25 years and over 3440
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 141335
Number of persons not in census families 26045
Living with relatives 2205
Living with non-relatives only 3415
Living alone 20430
Number of census family persons 115285
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 23155
Number of persons not in census families aged 65 years and over 8340
Living with relatives 800
Living with non-relatives only 420
Living alone 7120
Number of census family persons aged 65 years and over 14820
Total number of private households by household type 64225
Census-family households 41925
One-family-only households 40340
Couple-family households 34945
Without children 19280
With children 15665
Lone-parent-family households 5390
Other family households 1585
One-family households with persons not in a census family 1280
Couple-family households 895
Without children 485
With children 415
Lone-parent-family households 380
Two-or-more-family households 305
Non-census-family households 22305
One-person households 20425
Two-or-more-person households 1880
Total number of occupied private dwellings by structural type of dwelling 64230
Single-detached house 30695
Apartment, building that has five or more storeys 1000
Movable dwelling 440
Other dwelling 32090
Semi-detached house 4410
Row house 1485
Apartment, duplex 9125
Apartment, building that has fewer than five storeys 16865
Other single-attached house 205
Total number of private households by household size 64225
1 person 20425
2 persons 24400
3 persons 9235
4 persons 7320
5 persons 2170
6 or more persons 675
Number of persons in private households 141335
Average number of persons in private households 2.2

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