Terrebonne Single-Family Median Price Rises 5.2% Year-Over-Year to $480,000

Market summary

The median sale price for a single-family home in Terrebonne is around $480,000, up 5.2% year-over-year. The average sold price for all property types reached $590,429 in Q2 2026.

Central finding

Single-family median prices in Terrebonne rose 5.2% year-over-year to approximately $480,000, while the all-property-type average sold price reached $590,429 in Q2 2026. Sources: [OACIQ Real Estate Broker Terrebonne – CourtiConnect] [Terrebonne Housing Market Report: Aug. 7th, 2026 Update | Interactive Map - WOWA.ca]

Single-Family Median Price Up 5.2% Year-Over-Year

The median sale price for a single-family home in Terrebonne is around $480,000, representing a 5.2% increase over the previous year. This city-level measurement reflects the specific single-family segment rather than all property types combined in the municipal market. The source reference date is September 20, 2026, though the exact observation period was not separately recorded in the retained data.

This year-over-year growth indicates sustained pricing momentum within the single-family category during the measured interval. The figure provides a baseline for assessing affordability relative to local income levels, which remain distinct from broader provincial averages. Buyers evaluating single-family options should note that this median does not capture condominium or multi-unit transactions occurring simultaneously in Terrebonne. Sources: [OACIQ Real Estate Broker Terrebonne – CourtiConnect]

All-Property Average Sold Price Reaches $590,429 in Q2 2026

WOWA.ca reports that the average sold price for all property types in Terrebonne reached $590,429 in Q2 2026. This quarterly measurement marks a 4.4% increase compared to the prior quarter and a 4.0% rise over the previous twelve months. The average metric captures the full range of transaction values, including higher-priced properties that influence the mean more heavily than the median.

The divergence between the all-property average and the single-family median highlights the mixed composition of Terrebonne's residential stock. Higher-value transactions pull the average above the single-family median, suggesting a significant presence of premium or larger homes in the market. Investors and buyers must distinguish these metrics when comparing affordability, as the average can mask the typical experience of the majority of single-family purchasers. Sources: [Terrebonne Housing Market Report: Aug. 7th, 2026 Update | Interactive Map - WOWA.ca]

The strongest counter-case

The AreaVibes median home price of $434,976 differs from the CourtiConnect single-family median of $480,000, reflecting different metric definitions and observation periods. Sources: [Terrebonne, QC Housing Statistics]

Next 3 months, January 2027

Prices: rising. 1-2% Why: Continued year-over-year momentum in single-family medians and quarterly increases in all-property averages suggest persistent upward pressure on prices in the near term. Buyers: wait. Prices are trending upward, but waiting may allow for seasonal adjustments or negotiation opportunities if inventory remains stable. Sellers: list now. Current pricing momentum favors sellers who list promptly to capitalize on rising valuations before potential market cooling. Watch: A decline in quarterly average sold prices below the Q2 2026 level of $590,429 would signal weakening momentum. Confidence: moderate. Sources: [Terrebonne Housing Market Report: Aug. 7th, 2026 Update | Interactive Map - WOWA.ca] [OACIQ Real Estate Broker Terrebonne – CourtiConnect]

Next 6 months, April 2027

Prices: rising. 2-4% Why: Sustained year-over-year growth rates imply continued appreciation over a half-year period, assuming no significant macroeconomic shocks intervene. Buyers: either way. Moderate confidence allows flexibility; buyers with strong financing can act now, while others may wait for clearer directional signals. Sellers: list now. Listing within six months aligns with the projected appreciation window, maximizing realized value for sellers. Watch: A reversal in the 5.2% year-over-year single-family growth rate to negative territory would indicate a structural shift. Confidence: moderate. Sources: [OACIQ Real Estate Broker Terrebonne – CourtiConnect]

Next 12 months, October 2027

Prices: flat. 0-2% Why: Longer-term forecasts carry lower confidence due to unknown future interest rate decisions and supply changes; current trends may normalize over a full year. Buyers: wait. Lower confidence suggests patience may be rewarded if market dynamics stabilize or cool over the next year. Sellers: either way. Sellers have more flexibility given the flat projection, allowing them to time listings based on personal circumstances rather than urgent market pressure. Watch: A sustained drop in the all-property average sold price by more than 5% from Q2 2026 levels would confirm a downward correction. Confidence: low. Sources: [Terrebonne Housing Market Report: Aug. 7th, 2026 Update | Interactive Map - WOWA.ca]

Assumptions: Mortgage rates remain stable near current levels; No major new housing supply enters the Terrebonne market unexpectedly. What would reverse this: A sharp increase in mortgage rates or a sudden surge in new listings could reverse the rising price trend. Sources: [Terrebonne Housing Market Report: Aug. 7th, 2026 Update | Interactive Map - WOWA.ca] [OACIQ Real Estate Broker Terrebonne – CourtiConnect]