Mortgage payment · Sorel-Tracy · 2016-2026
The monthly payment on the median house in Sorel-Tracy every year since 2016, computed with the year's Centris price and the 5-year rate banks actually charged: the 2021 trough, the 2023 shock, the share of price and the share of rate, the renewal, and the income it takes. Public figures, not estimates.
In Sorel-Tracy, the median house ($391,750 in 2026 (Jan. to Sept.)) costs $1,672 a month with 20% down ($78,350), a loan of $313,400 amortized over 25 years at the 5-year fixed rate actually charged in 2026 (4.14%). In 2016, the same median house ($160,000) cost $584 a month at 2.67%; in 2021, $825 a month at 2.13%. The payment has therefore jumped +186% in ten years, faster than the price (+145%), because the rate changed direction: one of the lightest payments among the 50 cities tracked (median $2,604). Between 2021 and 2026, the payment rose by $847 a month: $522 comes from the price and $325 from the rate, so 38% from the rate. Sources: Centris, Bank of Canada, compiled October 8, 2026.
The short answer
In Sorel-Tracy, the median house ($391,750 in 2026 (Jan. to Sept.)) costs $1,672 a month with 20% down ($78,350), a loan of $313,400 amortized over 25 years at the 5-year fixed rate actually charged in 2026 (4.14%). In 2016, the same median house ($160,000) cost $584 a month at 2.67%; in 2021, $825 a month at 2.13%. The payment has therefore jumped +186% in ten years, faster than the price (+145%), because the rate changed direction: one of the lightest payments among the 50 cities tracked (median $2,604). Between 2021 and 2026, the payment rose by $847 a month: $522 comes from the price and $325 from the rate, so 38% from the rate.
Price, rate and payment by year
| Year | Median house price | 5-year rate charged | Monthly payment, house | Monthly payment, condo |
|---|---|---|---|---|
| 2016 | $160,000 | 2.67% | $584 | $548 |
| 2017 | $150,000 | 2.87% | $560 | $587 |
| 2018 | $162,000 | 3.49% | $646 | $608 |
| 2019 | $160,000 | 3.17% | $617 | $573 |
| 2020 | $185,000 | 2.44% | $659 | $602 |
| 2021 | $240,000 | 2.13% | $825 | $743 |
| 2022 | $304,000 | 3.90% | $1,266 | $1,037 |
| 2023 | $305,000 | 5.26% | $1,455 | $1,238 |
| 2024 | $345,000 | 4.96% | $1,599 | $1,344 |
| 2025 | $370,000 | 4.20% | $1,589 | $1,332 |
| 2026 (Jan. to Sept.) | $391,750 | 4.14% | $1,672 | $1,708 |
Median price of single-family houses sold in Sorel-Tracy, Centris (Matrix). Rate: annual average of 5-year fixed rates charged on new mortgages (Bank of Canada, Statistics Canada 10-10-0006). Payment: 20% down, 25 years, semi-annual compounding. 2026: rates January to July.
What ten years of payments say in Sorel-Tracy
- The price rose +145% from 2016 to 2026 in Sorel-Tracy; the 5-year rate went from 2.67% to 4.14% by way of 2.13% in 2021: the payment rose +186%. The peak is 2026 ($1,672), the trough 2017 ($560).
- The 2026 house at the 2021 rate would cost $1,347 a month; the 2021 house at the 2026 rate would cost $1,025 a month. Here, the price weighs more than the rate in the increase since 2021.
- The renewal shock: a median house bought in Sorel-Tracy in 2021 ($240,000, 2.13%) cost $825 a month; at the 2026 renewal, with a balance of about $161,278 and 20 years left at 4.14%, the payment goes to $986 a month, +161 $ a month (+20%).
- Each point of rate up or down is worth $176 a month on the 2026 median house in Sorel-Tracy. At the banks' posted rate (6.09%), the one used for the stress test, the payment would be $2,022 a month.
- The median condo in Sorel-Tracy ($400,000) costs $1,708 a month in 2026, against $548 a month in 2016: $-36 a month less than the house, before condo fees.
- Order of magnitude for income: if the mortgage alone must stay under 32% of gross income, it takes $62,700 a year for the median house in Sorel-Tracy in 2026, taxes, heating and other debts not counted. The detail of the calculation and the minimum down payment is in down payment to buy in Sorel-Tracy.
- Across the 50 cities tracked, the median payment went from $953 in 2016 to $1,549 in 2021 and $2,604 in 2026 (+162% in ten years); it doubled in 48 cities, exceeds $2,000 in 37 and $3,000 in 15. The rate explains 48% of the increase since 2021 in median.
What it changes for buying or selling in Sorel-Tracy
At $1,672 a month, the median house in Sorel-Tracy remains within reach of a household with two ordinary incomes, and that is exactly what supports prices here: buyers from the big cities, pushed out by payments of $3,000 and more, compare and move. For a seller, it means a wide and stable pool of buyers, less rate-sensitive than elsewhere. For a buyer, a point of rate is worth only $176 a month: waiting for a rate cut often costs more in price increases than it saves in interest. For someone renewing a 2021 mortgage in 2026, the $161 a month gap is to be planned for before deciding to keep or sell: house appreciation by year bought in Sorel-Tracy says what the house gained in the meantime.
How to read these figures
Two public series, one calculation. The price: the median of houses sold in Sorel-Tracy in the year (home prices in Sorel-Tracy). The rate: the annual average of the rate charged on new 5-year fixed mortgages in Canada, published by the Bank of Canada, which reflects what borrowers actually paid (2.13% in 2021, 5.26% in 2023) and not the posted rate. The payment assumes 20% down and 25 years; with 5% down and the CMHC premium it would be higher. The renewal shock assumes a 2021 loan renewed after five years on the remaining balance, 20 years of amortization left. Taxes, heating and insurance are not included.
Frequently asked questions
What does the median house in Sorel-Tracy cost a month in 2026?
$1,672 a month for the median house of $391,750, with 20% down ($78,350), 25-year amortization and the 5-year rate charged in 2026 (4.14%). Taxes, heating and insurance on top.
Has the payment ever been higher in Sorel-Tracy?
Yes: $1,672 a month in 2026, the highest of the eleven years, against $584 a month in 2016 and $825 a month in 2021. Between 2021 and 2026, the price explains $522 of the monthly increase and the rate $325.
What income does the median house in Sorel-Tracy take?
About $62,700 of gross income a year if the mortgage alone is capped at 32% of income, without taxes or heating. On two incomes, that is $31,350 each. The lender adds taxes, heating and other debts to its ratios, which raises the bar.
Sources: Centris (Matrix), Statistics module, September 16, 2026 query for the municipality of Sorel-Tracy, median sale price of single-family houses and condos by year; Bank of Canada and Statistics Canada, table 10-10-0006, interest rates on funds advanced, residential mortgages, fixed rate 5 years and over, annual average of insured and uninsured loans; compiled by the Loaa & Manseur team, calculation at 20% down and 25 years, aggregates only. The mortgage payment in 50 cities hub compares the 50 cities.
Our other data series in Sorel-Tracy, from the same Centris listings:
Each series is recalculated from actual sales, aggregates only.
Our proof, not our promises
The Loaa & Manseur team, led by Lotfi Manseur and Loaa Al Daow, is the number 1 team at RE/MAX Platine in 2024 and 2025, 6th RE/MAX team in Quebec, 15th in Canada and in the global top 50 of large residential teams according to the official RE/MAX ranking, computed on actual transactions. Its Google profile counts more than 220 reviews with a 4.9 rating. Its offices are at 55 avenue de l'Équinoxe in Brossard, one bridge from the island, and every broker's licence can be checked in the OACIQ public register. Three things to verify yourself before calling us, and to demand of any other broker.
Also available in French: version française de ce guide.
Published September 7, 2026 by the Loaa & Manseur team, the number 1 team at RE/MAX Platine in 2024 and 2025, 6th RE/MAX team in Quebec, 15th in Canada and in the global top 50 according to the official RE/MAX ranking. Tell us about your project.