Avg Price
$379,000
▼ -36.9% MoM
Homes Sold
1
▼ -75% MoM
New Listings
0
Active Listings
255
▲ +4.5% MoM
Avg DOM
176
▼ -17.4% MoM
Supply
255 mo
▲ +318% MoM
Salmon Arm sits on the shore of Salmon Arm Bay on Shuswap Lake - the largest community on the lake and the main regional service centre for the Shuswap. Centrally located on the Trans-Canada Highway between Calgary and Vancouver, the city is also th...
Read Full City Guide →The average home price in Salmon Arm is $379,000. The median price is $379,000. Prices have decreased by 36.9% compared to last month.
There are currently 255 homes for sale in Salmon Arm.
Homes in Salmon Arm spend an average of 176 days on market, indicating a slower real estate market.
The median household income in the Salmon Arm area is approximately $64,282 based on census data. About 81% of residents are homeowners.
Based on recent sales in Salmon Arm, median prices are: 1-bedroom homes at $264,900, 2-bedroom homes at $439,900, 3-bedroom homes at $639,900, 4-bedroom homes at $835,000. Prices vary by neighbourhood and property condition.
Popular neighbourhoods in Salmon Arm include Ne Salmon Arm (13 listings, avg $962,354), Downtown Salmon Arm (11 listings, avg $814,045), Canoe (10 listings, avg $1,425,980), Hillcrest (8 listings, avg $1,233,862), Se Salmon Arm (5 listings, avg $1,238,400). Canoe is the most expensive area with an average price of $1,425,980, while Downtown Salmon Arm offers more affordable options at $814,045 on average.
| City | Distance | Listings | Avg. price |
|---|---|---|---|
| Enderby Homes For Sale | 19 km | 115 | $890,482 |
| Blind Bay Homes For Sale | 21 km | 101 | $765,528 |
| Sicamous Homes For Sale | 26 km | 73 | $756,750 |
| Lee Creek Homes For Sale | 30 km | 51 | $174,529 |
| Anglemont Homes For Sale | 31 km | 51 | $383,280 |
| Chase Homes For Sale | 31 km | 73 | $583,649 |
| Sun Peaks Homes For Sale | 47 km | 76 | $1,063,114 |
| Vernon Homes For Sale | 49 km | 796 | $911,417 |
| Coldstream Homes For Sale | 52 km | 95 | $1,574,847 |
| Lumby Homes For Sale | 53 km | 108 | $1,065,012 |
| City | Distance | Listings | Avg. price |
|---|---|---|---|
| Kamloops Homes For Sale | 75 km | 934 | $862,375 |
| Kelowna Homes For Sale | 91 km | 1743 | $1,166,171 |
| West Kelowna Homes For Sale | 97 km | 565 | $1,216,577 |
| Penticton Homes For Sale | 137 km | 372 | $1,107,937 |
| Osoyoos Homes For Sale | 186 km | 359 | $685,529 |
| Chilliwack Homes For Sale | 258 km | 763 | $910,671 |
| Mission Homes For Sale | 268 km | 469 | $1,232,292 |
| Abbotsford Homes For Sale | 285 km | 882 | $1,117,474 |
| Langley Homes For Sale | 289 km | 1270 | $1,543,282 |
| Maple Ridge Homes For Sale | 289 km | 717 | $1,337,356 |