Magog Real Estate Market: Q3 2026 Report

In Q3 2026 (July to September), Magog recorded 108 residential sales, 2% more than a year earlier, and the median price of a single-family home reached $614,000 (+14%), according to the APCIQ barometer via the Centris system. Homes are selling faster than a year ago, supply is growing, and above $860,000 the Magog market leans toward buyers.

How many properties sold in Magog this summer?

From July to September 2026, 108 residential properties sold in Magog (+2%), for a total volume of $75.6 million (+21%). Single-family homes lead the way: 83 sales in the quarter, 17% more than a year earlier. Condos are slowing down: 19 sales in the quarter and 88 over the last 12 months, down 21%.

On the supply side, 169 new listings came on the market (+18%) and 233 properties were active listings at the end of the quarter (+9%).

Are prices still rising in the Memphrémagog area?

Yes, for single-family homes. In Magog, the median price reached $614,000 in Q3 (+14%) and $570,000 over the last 12 months (+6%). Over five years, the median single-family price there has risen 69%.

Around the lake, over the last four quarters (October 2025 to September 2026):

Area	Residential sales	Median single-family price	Year-over-year change
Magog	400 (-6%)	$570,000	+6%
Orford	142 (0%)	$719,562	+16%
Potton (Mansonville, Owl’s Head)	63 (+6%)	$741,687	+38%
Eastman	56 (-6%)	$735,625	0%
Austin	48 (-25%)	$701,187	+5%
Estrie (region)	5,989 (0%)	$477,500	+7%

Magog: APCIQ barometer for Q3 2026 (last 12 months). Other areas: Centris statistics by municipality, last four quarters, consulted on October 6, 2026.

A word of caution about Potton: the 38% increase rests on 55 single-family sales in one year. With so few transactions, a handful of luxury sales is enough to move the median.

Condos, meanwhile, are treading water in Magog: a median price of $336,500 over the last 12 months (0%). In Orford, the median condo reached $399,187 (+10%).

Is it a good time to sell in Magog?

For a home under $860,000, yes: conditions remain favourable to sellers. Over the 12 months ending in September 2026, it took 2.2 to 6.7 months to sell off the inventory of single-family homes below that price. Under 8 months of inventory, the APCIQ calls it a seller’s market; above 10 months, a buyer’s market.

Single-family homes in Magog, by price range	Months of inventory	Market conditions
Under $290,000	6.7	Seller’s
$290,000 to $430,000	2.2	Seller’s
$430,000 to $710,000	3.0	Seller’s
$710,000 to $860,000	6.5	Seller’s
$860,000 and up	12.3	Buyer’s

Above $860,000, it is the opposite: 12.3 months of inventory, which makes it a buyer’s market. That is precisely the segment of waterfront and resort properties. Condos followed the same path over the summer: according to the barometer’s market conditions chart, they moved from a balanced market to a buyer’s market.

Speed confirms the trend. A single-family home sold in 34 days on average in Magog in Q3, 13 days faster than a year earlier. A condo took 93 days on average over the last 12 months, 24 days longer.

In short: a well-located, well-priced home sells quickly. A condo or a high-end property calls for a precise pricing strategy from the very first week.

What about Sherbrooke, the Estrie region and Québec?

In the Sherbrooke census metropolitan area, which includes Magog, Q3 was busy: 569 residential sales (+12%) and a median single-family price of $490,750 (+7%). In Sherbrooke itself, 373 sales (+15%) and a median single-family price of $450,494 (+4%). In the outlying area, which includes Orford, North Hatley and Compton, the median single-family home reached $652,500 (+21%).

The Estrie region recorded 1,476 residential sales in Q3 (+9%), with a median single-family price of $490,000 (+8%). Across Québec, September 2026 was calmer: 7,045 sales (-7%) and 45,185 active listings (+23%).

Will interest rates move?

The Bank of Canada held its policy rate at 2.25% on September 2, 2026; its next announcement was scheduled for October 28. According to the barometer’s dashboard, the 5-year mortgage rate stood at 6.09% in Q3 (unchanged over one year) and the 1-year rate at 5.49% (0.60 points lower).

BEAU’s advice

Under $860,000, a home in Magog is on the right side of the market: prepare it well and list it at the right price from day one. Above that, or for a condo, buyers have time to compare, and the quality of the marketing makes the difference. Want to know where your property stands? Request your evaluation or talk to a broker at BEAU The Real Estate Team.

Frequently asked questions

What is the median price of a house in Magog in 2026?

In Q3 2026, the median price of a single-family home in Magog was $614,000, up 14% over one year. Over the last 12 months, it was $570,000 (+6%), according to the APCIQ via the Centris system.

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

In Q3 2026, a single-family home sold in 34 days on average. A condo took 93 days on average over the last 12 months.

Does the Magog market favour buyers or sellers?

Sellers, for homes under $860,000 (2.2 to 6.7 months of inventory). Above that price, buyers, with 12.3 months of inventory (12 months ending in September 2026).

Sources

APCIQ via the Centris system, Residential barometer, Sherbrooke census metropolitan area, Q3 2026 (in French; sector 5: Magog; economic dashboard: Statistics Canada, Conference Board of Canada).
APCIQ via the Centris system, statistics by municipality, last four quarters: Orford, Potton, Eastman, Austin, Estrie. Consulted on October 6, 2026.
APCIQ, FSMI monthly statistics, September 2026 (in French).
Bank of Canada, Policy interest rate.

The statistics presented describe the market as a whole and do not reflect the value of any particular property. To find out the market value of your property, ask a real estate broker for a comparative market analysis.

Yanick Beaupertuis, residential and commercial real estate broker · BEAU The Real Estate Team · eXp Agence immobilière

Photo: BEAU The Real Estate Team