Nazareth house market — July 2026
Based on 5 actual sales · CourtiConnect
Market context: house in Nazareth
The Nazareth neighbourhood in Rimouski recorded five documented sales during July 2026, establishing a median price of $360,000 for the period. This median sits approximately 8.9 percent below the trailing twelve-month median for the city of Rimouski as a whole, which stood at $395,000 across 239 transactions. The neighbourhood therefore represents a more affordable segment within the broader Rimouski housing market, offering entry and mid-range buyers access to residential properties at a measurably lower price point than the municipal average. Properties in Nazareth remained on the market for an average of 56 days before closing, a timeframe that reflects a steady, moderately-paced sales environment. This duration indicates neither rapid absorption typical of highly competitive markets nor extended holding periods associated with slower demand, suggesting balanced conditions where motivated sellers and serious buyers meet at reasonable intervals. Among the five documented sales used for this analysis, properties sold at an average of 100.1 percent of their asking price, meaning the aggregate group of buyers paid marginally above list price. This ratio demonstrates that sellers in the neighbourhood maintained reasonable pricing discipline during this period, with the market supporting modest upward negotiation without systematic discounting. The housing stock reflected in these sales skews notably toward older construction, with 60 percent of properties built before 1980 and 40 percent constructed between 1980 and 2010. No properties sold during this period dated after 2010, indicating that Nazareth's residential inventory consists primarily of established homes requiring buyers to factor ongoing maintenance and potential system upgrades into their purchase decisions. This vintage mix is consistent with many Quebec neighbourhoods where mid-century and late twentieth-century residential development dominates the available supply. All five documented sales in the neighbourhood were concluded without a legal warranty of quality, a contractual structure that places standard due diligence responsibility on the buyer. Prospective purchasers acquiring property in Nazareth should expect to conduct thorough building inspections, verify system functionality, and perform customary pre-purchase investigations to establish the condition of mechanical, electrical, and structural components. For buyers, Nazareth offers median pricing roughly 9 percent below the Rimouski average, making it an efficient choice for budget-conscious acquisition. For sellers, the market demonstrated price stability with transactions closing at asking-price parity, indicating realistic listing strategies find responsive market conditions. To estimate the current value of a specific property in Nazareth, consider using the Quebec real estate estimator tool, which incorporates neighbourhood transaction patterns and market data to support informed pricing decisions.