Rimouski, QC

Updated: Aug 2016
House
Median price $217,000
Monthly growth 68.21 %
Quarterly trend
Stock on market 1.33%
Apartment
Median price $186,000
Monthly growth 55.64 %
Quarterly trend
Stock on market 0.43%

Rimouski Home Price

With a median listing price of $217,000, Rimouski is Canada’s 2609th most expensive when ordered by median listing price.

The $217,000 price tag on the median Rimouski 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 3.

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

Will prices rise across the next year in in Rimouski? There are a number of real estate indicators to consider.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Rimouski have dried up which would tend to indicate that demand is higher than the supply of new properties.

Across the country as a whole, Rimouski is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

While the median for Quebec is $198,000 , which means that Rimouski’s median price is $186,000 below average than the rest of the province.

This month we track 46th neighbourhoods in Quebec, and Rimouski has the 46th most choice available for real estate investors.

As one of Quebec’s many potential real estate investment neighbourhoods, Rimouski 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.

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

Beds Median price (House) Median price (Apartment)
1 bedroom $107,000 $122,000
2 bedrooms $195,000 $185,000
3 bedrooms $208,000 $194,500
4 bedrooms $229,000 $209,000
5 bedrooms $272,500
6 bedrooms $224,900
Demographics
  • Land area (square km)339.84
  • Population in 201146860
  • Population in 200645186
  • 2006 to 2011 population change (%)3.7
  • Total private dwellings22703
  • Private dwellings occupied by usual residents21341
  • Population density per square kilometre137.9