Place-Montmigny, Drummondville - August 2026 Real Estate Report

Place-Montmigny Is Holding Its Ground - And Your Condo Might Be the Real Winner Right Now

The Vibe: What's Actually Happening on Our Streets

If you've been watching the "For Sale" signs in Place-Montmigny, here's what's actually happening. We're sitting at the top of the Drummondville price ladder compared to our neighbours, and the numbers back that up. Whether you own a house or a condo here, your property is worth more than almost anything nearby - and that gap is real.

Houses: Steady, Not Flashy

The average HonestDoor Price for a house in Place-Montmigny is $665,958 - up 0.87% from last period. The predicted market value sits at $660,189, which is climbing above the 3-month moving average of $642,952. That upward trend matters. It means momentum is building, not fading.

• Average HonestDoor Price: $665,958
• Predicted Market Value: $660,189
• 3-Month Moving Average: $642,952
• Recent Value Change: +1.26%
• Estimated Monthly Rent: $2,995
• Rental Yield: 5.37% - that's a strong return
• Airbnb Rank in Drummondville: #1
• Neighbourhood Growth Rank: 11 out of 12

That growth rank is the honest part. On the neighbourhood leaderboard for price growth, houses here rank 11th out of 12 in Drummondville. So values are high, but they're not racing upward. Think of it as a market taking a breather at altitude. You're already up the mountain - you're just not sprinting right now.

Compare that to neighbours: Dveloppement-Du-Sapin-Vert houses sit around $551,686 and Domaine-Du-Repos at $520,405. We're $100,000 to $145,000 ahead. That premium is real and it's consistent.

Condos: This Is Where It Gets Interesting

Condos in Place-Montmigny are a different story. The average HonestDoor Price is $612,750 - up a solid 4.30% from last period. The predicted market value is $587,500, up from a 3-month moving average of $563,417. That's a clear upward curve.

• Average HonestDoor Price: $612,750
• Predicted Market Value: $587,500
• 3-Month Moving Average: $563,417
• Recent Value Change: +4.50%
• Estimated Monthly Rent: $2,875
• Rental Yield: 3.66%
• Airbnb Rank in Drummondville: #3
• Neighbourhood Growth Rank: 2 out of 8

On the condo leaderboard, we rank 2nd out of 8 comparable neighbourhoods in Drummondville. That's above average growth, full stop. If you own a condo here, that number should get your attention. Nearby Terrasse-Saint-Francois condos average $414,100. We're nearly $200,000 higher. That's not a small gap.

The Secret Sauce: Why Your HonestDoor Price Beats Waiting for the Tax Man

Here's the thing about municipal assessments - they're snapshots from the past. By the time the city updates your property's assessed value, the market has already moved. The HonestDoor Price is a real-time estimate that reflects what buyers are actually paying right now, not what someone decided your home was worth two or three years ago.

In Place-Montmigny, that difference is not small. If your city assessment still reflects pre-2023 values, you could be sitting on a gap of tens of thousands of dollars - and not even know it. The HonestDoor Price is your real-world check. It's the number a buyer's agent is going to walk in with. You should know it before they do.

With house values up 1.26% recently and condo values up 4.50%, checking your HonestDoor Price today gives you a current baseline - not a stale government number that hasn't caught up to your street.

The "So What?" - Thinking About Selling This Summer?

If you're a house owner in Place-Montmigny and you're thinking about listing this summer, here's the honest read. You're in one of the highest-priced pockets in Drummondville. Demand for short-term rentals is strong - we hold the #1 Airbnb rank in the city, with an estimated $150 per night. Long-term rental demand is there too, at $3,014 per month average. Buyers looking at your home have options, but none of the nearby alternatives match your price point for a reason.

The growth rank of 11 out of 12 means you're not riding a hot wave right now. But you're also not losing ground. If you need to sell, the fundamentals are solid. If you can wait, watch the 3-month moving average - it's trending up.

If you own a condo here, the case for selling this summer is stronger. A 4.50% recent value change and a top-3 growth rank in Drummondville means you have real momentum on your side. Buyers comparing condos across the city will see that Domaine-Brouillette is the only nearby option priced higher than us. That positions Place-Montmigny condos as a premium choice without being the most expensive option on the list - which is exactly where you want to be when negotiating.

Bottom line - check your HonestDoor Price before you call an agent, before you set a list price, and before you assume the city's assessment tells the whole story. It doesn't. Your HonestDoor Price does.

This 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.