If you've been watching the "For Sale" signs around Chicoutimi, here's what's actually happening. The market is taking a breather - prices are down slightly from the last period - but the forward-looking numbers tell a more interesting story. The predicted values are climbing above the recent averages, which means the dip may be short-lived. This is not a market in freefall. It's a market catching its breath.
Let's talk houses first, because the numbers here are genuinely solid for us in Chicoutimi.
That 5.83% rental yield is the number we should all be paying attention to. In a market where a lot of investors are chasing 3% or 4%, Chicoutimi houses are punching above their weight. And being ranked No. 1 for Airbnb in Saguenay is not a small thing - if you have a spare unit or a property you are not fully using, that $100 per night adds up fast.
Compared to nearby neighbourhoods, Chicoutimi houses are priced higher than Laterriere ($365,063), La Baie ($335,212), and Tremblay ($336,408). We are the premium address in this comparison - and the predicted value of $404,776 suggests the market agrees.
Condos in Chicoutimi are a bit more mixed, and we should be honest about that.
The condo picture is above average - a rank of 3 out of 6 puts us solidly in the top half of Saguenay. But the Airbnb ranking of 4th tells us condos here are not the short-term rental powerhouse that houses are. If you own a condo and are thinking about Airbnb income, set realistic expectations around that $80 per night figure.
One interesting wrinkle: Laterriere condos are actually priced higher ($386,685) than Chicoutimi condos ($308,788). That is worth knowing if you are comparing neighbourhoods for a condo purchase - you get a lower entry price here with above-average growth.
Here is the thing about your city tax assessment - it is a snapshot from the past. The city reassesses on a fixed schedule, which means your official assessment can be months or even years behind what your home is actually worth today.
The HonestDoor Price is updated in real time. It is pulling from actual market activity right now, not from a government office playing catch-up. For a Chicoutimi house owner, the difference between a stale assessment and a current HonestDoor Price of $401,472 - with a predicted value already climbing to $404,776 - could be tens of thousands of dollars in equity you did not know you had.
If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check you need. Do not negotiate your biggest asset using outdated numbers.
Thinking about listing this summer? Here is the straight talk.
For house owners, the timing is genuinely interesting. Yes, the HonestDoor Price dipped 0.82% recently - but the predicted value is already trending back up toward $404,776, above the 3-month average. The market is not running away from you, but waiting too long to see where things land is a gamble. A 5.83% rental yield also means buyers with investment intentions are actively looking at Chicoutimi houses. That is real demand.
For condo owners, the story is similar but a little more patient. The 1.09% dip is slightly steeper, and the rental yield at 4.16% is solid but not a headline grabber. If your condo is well-located and well-maintained, you are still in above-average territory for Saguenay. Price it right and you will find a buyer - just do not overprice based on an old assessment.
Bottom line: Chicoutimi is not the cheapest option in the region, but it is earning that premium. Houses here are the top Airbnb market in Saguenay and rank second for growth. That is a strong story to tell a buyer. Know your real number before you list - and your HonestDoor Price is where you start.
chicoutimi | saguenay | september 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.