Sherbrooke real estate market in 2026: $490,000, the end of nine quarters of growth and a market that breathes

Report · Sherbrooke CMA · Summer 2026 (updated September 5, 2026)

Sherbrooke in numbers from the official APCIQ barometer: sales, prices, days on market, supply, six sectors, the Quebec context for August, and what it changes if you are selling or buying.

In Q2 2026 the Sherbrooke region sold 651 properties (-9 % year over year), ending nine consecutive quarters of growth, while supply climbed back (824 active listings, +10 %). Prices are holding: $490,000 for a single-family home (+5 %, 34 days), $320,000 for a condo (-2 %, 50 days) and $538,500 for a plex (+7 %). In the city of Sherbrooke the median house is $460,000 (+7 %) and sells in 23 days; Les Nations ($491,000, +13 %) leads the increase, Fleurimont ($430,000) remains the most affordable entry after +85 % in five years. The APCIQ does not publish monthly statistics for Sherbrooke: the next barometer is due mid-October.

The Q2 2026 numbers in the Sherbrooke CMA

Sherbrooke CMA, Q2 2026 (APCIQ)ValueYear over year
Residential sales651-9 % (end of 9 quarters of growth)
Active / new listings824 / 973+10 % / +8 %
Single-family: sales, median price, days485 · $490,000 · 34 days-8 % · +5 % · -3 days
Condo: sales, median price, days88 · $320,000 · 50 days-12 % · -2 % · +8 days
Plex: sales, median price, days76 · $538,500 · 44 days-11 % · +7 % · -7 days

Method note: the APCIQ publishes monthly statistics for the Montreal and Quebec City regions only; for this market, the most recent data is the second-quarter 2026 barometer, released July 14. The third quarter will be released in mid-October and this page will be updated that day.

The summer's reading: Sherbrooke stopped running, not rising

Nine quarters of sales growth, then -9 %: Sherbrooke has entered the same phase as the rest of Quebec, where supply returns (+10 %) and buyers compare. But prices did not follow: +5 % for single-family homes, +7 % for plexes, and above all +7 % in the city itself ($460,000), sold in only 23 days. Sherbrooke keeps two engines Montreal lacks: an entry price $190,000 below Montreal's South Shore, and student and hospital demand (Université de Sherbrooke, CHUS) that supports plexes and condos. The only category slipping is the condo (-2 %, 50 days): that is where the buyer negotiates.

Sector by sector (APCIQ barometer, second quarter 2026)

Sector (APCIQ barometer, Q2 2026)Single-family, median1 year5 yearsDays on marketSingle-family sales (change)Condo, median
Les Nations (centre, Jacques-Cartier, Mont-Bellevue)$491,00013%73%2294 (-2%)n/a
Fleurimont$430,0008%85%2780 (-10%)n/a
Brompton, Rock Forest, Saint-Élie, Deauvillen/an/an/an/an/a (n/a)n/a
Magog$585,0001%75%6374 (1%)$340,000
Periphery (Orford, North Hatley, Hatley, Compton…)$690,50010%58%5178 (-18%)n/a
City of Sherbrooke$460,0007%76%23n/a (n/a)$314,000
Sherbrooke CMA$490,0005%70%3488 (-12%)$320,000

Three readings. Les Nations, the centre of Sherbrooke, posts the strongest annual rise (+13 %, $491,000) in 22 days. Fleurimont ($430,000) is the most affordable entry, but also the sector that rose most in five years (+85 %). The periphery ($690,500) is the high end: Orford, North Hatley, lakefront properties, at 51 days. Magog has its own page: the Magog real estate market. See also real estate broker in Sherbrooke; our listings at 24 13e Avenue Sud, 2101 rue Prospect and 448 rue Laurier show we sell there.

Seller's or buyer's market? It depends on the price

Price range (single-family, 12 months to Q2 2026)Months of inventoryMarket
< 240K3.6 monthsSeller
240K - 360K1.9 monthsSeller
360K - 590K2.1 monthsSeller
590K - 710K3.6 monthsSeller
>= 710K8.0 monthsBalanced

Four months of inventory separates a seller's market from a balanced one; beyond eight, the buyer leads.

The Quebec context in August 2026

Province-wide, the APCIQ counted 6,502 residential sales in August 2026 (-7 % year over year) and 42,276 active listings (+21 %), with 12,482 new listings (+13 %). Median prices are holding: $497,501 for a single-family home (+2 %, 47 days), $405,000 for a condo (+1 %, 60 days) and $715,500 for a plex (+11 %, 50 days). Since January, 64,327 sales (-5 %). The Quebec market is rebalancing: fewer transactions, more supply, prices still rising. The full Greater Montreal picture is in Montreal market statistics, the forecasts in our 2027 forecast, and the tariff effect in tariff war and Quebec real estate.

What it changes for you

Frequently asked questions

What does a house cost in Sherbrooke in 2026?

$490,000 for the region's median single-family home in Q2 2026 (+5 %), $460,000 in the city of Sherbrooke (+7 %), from $430,000 in Fleurimont to $690,500 in the periphery.

Is the Sherbrooke market falling?

Sales are falling (-9 % in Q2 2026, after nine quarters of growth); prices are still rising (+5 % single-family, +7 % plex). Only condos slipped slightly (-2 %).

How long does it take to sell a house in Sherbrooke?

34 days on average in the region in Q2 2026, 23 days in the city, 21 days in Rock Forest and Saint-Élie, 51 in the periphery and 63 in Magog.

Also available in French: version française de ce guide.

Published September 5, 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.

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