Located in the heart of Centre-du-Québec, midway between Montreal and Quebec City on Highway 20, Drummondville is attracting more and more buyers thanks to some of the most affordable prices in the province. Whether you’re a first-time buyer in Quebec or an investor, this growing market deserves your attention.
1. Market portrait 2026
$290K
Median home price
+7%
Annual increase
80,000+
Population
According to APCIQ data for the Centre-du-Québec region, the Drummondville market shows robust growth in 2026. The median price for single-family homes sits around $290,000, up approximately 7% year-over-year. The city benefits from the exodus of Montreal buyers seeking affordability without sacrificing quality of life.
Transaction volume increased by approximately 12% in 2025-2026, indicating a dynamic market. The average selling time is about 45 days, suggesting a slightly seller-friendly market without the frenzy of major urban centres.
2. Comparison with Montreal
| Criteria | Drummondville | Montreal |
|---|---|---|
| Median home price | $290,000 | $550,000 |
| Down payment 20% | $58,000 | $110,000 |
| Monthly payment* | ~$1,187/mo | ~$2,252/mo |
| Salary needed (GDS 32%) | ~$65,000 | ~$110,000 |
| Price growth | +7% / year | +5% / year |
*5-year fixed rate at 3.69%, 25-year amortization, 20% down payment.
3. Affordability calculation: Drummondville vs Montreal
Let’s compare the monthly mortgage payment and required salary for a median-priced home in each city, with 20% down and a 5-year fixed rate of 3.69%.
Drummondville: $290,000
• Down payment (20%): $290,000 × 20% = $58,000
• Mortgage amount: $232,000
• Monthly payment (3.69%, 25 years): ~$1,187/mo
• Salary needed (GDS 32%): ~$65,000/year
Montreal: $550,000
• Down payment (20%): $550,000 × 20% = $110,000
• Mortgage amount: $440,000
• Monthly payment (3.69%, 25 years): ~$2,252/mo
• Salary needed (GDS 32%): ~$110,000/year
Result: Buying in Drummondville instead of Montreal saves approximately $1,065/month ($2,252 − $1,187), or nearly $12,780 per year. The down payment required is $52,000 less ($58K vs $110K). The required salary is $45,000 less per year (~$65K vs ~$110K). For a detailed salary calculation, check our guide.
4. Economy and growing industrial sector
Drummondville is recognized as a major industrial hub in Quebec. The city benefits from several economic advantages that support its real estate market:
Food processing sector
Major food processing hub with employers like Girardin, Cascades, and many growing SMEs.
Logistics and transportation
Strategic location on Highway 20, between Montreal (1h15) and Quebec City (1h30), a natural logistics crossroads.
Expanding industrial park
New industrial land available, attracting businesses from across Quebec and creating stable employment.
Quality of life
Clean, safe city with access to nature, the Festival de la Poutine, and an active cultural scene.
5. Buying opportunities in 2026
Drummondville combines several advantages for buyers in 2026:
Most affordable prices in the region
At $290K, the median home is accessible with a salary of ~$65K. FHSA and HBP programs further help first-time buyers.
Favourable interest rates
The 5-year fixed rate around 3.69% improves affordability. Compared to the 5%+ rates of 2023-2024, payments are significantly lower.
Appreciation potential
With 7%/year price growth and an expanding economy, Drummondville offers solid medium-term appreciation potential.
Ready to buy in Drummondville? Discover our free tools for buyers.
Access the buyer portal →