Terrebonne house market — April 2026

Market context: house in Terrebonne

In April 2026, the Terrebonne housing market recorded 16 documented sales, with a median price of $867,450 and an average price of $984,488. These figures place this neighbourhood 8.4 percent above the median price for Terrebonne as a whole, which stands at $800,000 over the trailing twelve months based on 328 sales across the city. This premium reflects the relative appeal and positioning of the neighbourhood within the broader municipal market. The average time on market for these properties was 40 days, indicating a reasonably brisk pace of sales. Properties moved through the market at a steady clip, suggesting neither a heavily congested inventory nor an exceptionally tight supply situation. This duration reflects a balanced market where motivated buyers and sellers are able to transact within a timeframe that allows for meaningful consideration without extended holding periods. The neighbourhood's six-month trend shows a median price increase of 11.2 percent, demonstrating notable upward momentum in recent months. This growth trajectory suggests sustained interest in the area and continued appreciation relative to the starting point of that half-year period, though it should be evaluated in the context of the modest number of transactions and normal market fluctuations. The building profile of the neighbourhood is relatively contemporary and mixed. Among the 16 documented sales, 6 percent of properties were built before 1980, while 56 percent date from the 1980 to 2010 period, and 38 percent are newer construction from after 2010. This composition indicates a predominantly mid-to-modern housing stock with a meaningful proportion of newer builds, offering buyers a range of age profiles from which to choose. In the course of due diligence, prospective buyers should note that 13 percent of the documented sales were concluded without a legal warranty of quality. This circumstance is not uncommon in real estate transactions and underscores the importance of conducting standard inspections and customary checks before proceeding with any purchase, regardless of warranty status. Buyers are advised to engage qualified professionals to evaluate property condition and identify any considerations that may inform their purchasing decision. For buyers, this neighbourhood presents a moderately paced market where thorough due diligence remains essential before committing to purchase. For sellers, the 40-day average and ongoing price appreciation suggest a receptive market where well-presented properties can attract meaningful interest. To assess the current value of a specific property in this neighbourhood, consider using the real estate estimator to obtain a detailed analysis based on recent comparable sales data.

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