Avg Price
$821,248
▼ -27.8% MoM
Homes Sold
21
▼ -25% MoM
New Listings
0
Active Listings
1,684
▼ -0.9% MoM
Avg DOM
75
▼ -18.5% MoM
Supply
80.2 mo
▲ +32.1% MoM
Kelowna is the largest city in British Columbia's Okanagan Valley, located on the eastern shore of Okanagan Lake in a semi-arid climate that delivers over 2,000 hours of sunshine annually - making it one of Canada's sunniest and warmest cities. The...
Read Full City Guide →The average home price in Kelowna is $821,248. The median price is $765,000. Prices have decreased by 27.8% compared to last month.
There are currently 1,684 homes for sale in Kelowna.
The most popular neighbourhoods in Kelowna based on sales activity include Lower Mission, Rutland, Downtown Kelowna, Ellison and North Glenmore. Each neighbourhood has its own character with different price ranges and amenities.
Homes in Kelowna spend an average of 75 days on market, indicating a slower real estate market.
The median household income in the Kelowna area is approximately $74,182 based on census data. About 70% of residents are homeowners.
Based on recent sales in Kelowna, median prices are: 1-bedroom homes at $395,000, 2-bedroom homes at $519,800, 3-bedroom homes at $795,000, 4-bedroom homes at $1,049,470. Prices vary by neighbourhood and property condition.
Popular neighbourhoods in Kelowna include Rutland (65 listings, avg $1,064,400), Glenmore (58 listings, avg $1,188,723), Lower Mission (44 listings, avg $1,499,664), Rutland North (35 listings, avg $1,033,320), Upper Mission (30 listings, avg $1,454,127). Lower Mission is the most expensive area with an average price of $1,499,664, while Rutland North offers more affordable options at $1,033,320 on average.
| City | Distance | Listings | Avg. price |
|---|---|---|---|
| West Kelowna | 12 km | 566 | $1,220,840 |
| Lake Country | 18 km | 210 | $1,754,301 |
| Peachland | 24 km | 99 | $1,294,835 |
| Naramata | 34 km | 55 | $1,251,753 |
| Summerland | 36 km | 153 | $1,064,104 |
| Coldstream | 41 km | 99 | $1,519,215 |
| Vernon | 42 km | 791 | $916,715 |
| Big White | 42 km | 64 | $850,900 |
| Penticton | 46 km | 380 | $1,102,631 |
| Lumby | 58 km | 107 | $1,078,335 |
| City | Distance | Listings | Avg. price |
|---|---|---|---|
| Osoyoos | 96 km | 353 | $640,982 |
| Kamloops | 110 km | 950 | $860,927 |
| Chilliwack | 199 km | 777 | $907,145 |
| Mission | 213 km | 474 | $1,203,390 |
| Abbotsford | 227 km | 908 | $1,113,461 |
| Langley | 233 km | 1269 | $1,558,196 |
| Maple Ridge | 239 km | 720 | $1,340,332 |
| Surrey | 250 km | 3590 | $1,428,685 |
| Coquitlam | 254 km | 811 | $1,221,720 |
| Squamish | 258 km | 303 | $1,429,091 |