Magog, QC

Updated: Aug 2016
House
Median price $274,000
Monthly growth 151.37 %
Quarterly trend
Stock on market 1.77%
Apartment
Median price $179,500
Monthly growth 79.67 %
Quarterly trend
Stock on market 1.07%

Magog Home Price

The median asking price in Magog is $274,000, an improvement on the median three months ago which was $249,900 .

When our research team crunched the numbers we calculated that Magog has a median home price of $274,000.

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 1047 neighbourhoods that have more properties on sale than Magog at the moment in Quebec which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.

Quebec has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

The median asking price in Magog is $179,500, less than the median three months ago which was $179,900 .

The median house price listed in Magog this month is $179,500.

If you’re looking at investment properties in Magog, then you’re most likely to find homes with 2 bedrooms on sale this month.

This month we track 27th neighbourhoods in Quebec, and Magog has the 27th most choice available for real estate investors.

Can we guarantee how well Magog is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Magog, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 149, this month we show 145.

Beds Median price (House) Median price (Apartment)
1 bedroom $142,000
2 bedrooms $219,000 $185,000
3 bedrooms $264,450 $206,000
4 bedrooms $299,900 $220,000
5 bedrooms $459,000
6 bedrooms $489,500
Demographics
  • Population in 201125358
  • Population in 200623880
  • 2006 to 2011 population change (%)6.2
  • Total private dwellings13605
  • Private dwellings occupied by usual residents11706
  • Population density per square kilometre175.9
  • Land area (square km)144.19