North Okanagan housing prices starting to climb

May 6, 2026 | 10:06 AM

Though still mainly in favour of the buyers, the housing prices in the North Okanagan started to climb in April.

The Association of Interior Realtors (AoIR) said the benchmark prices for single family homes and for condominiums and apartments were down on an annual basis, except single homes saw prices rise when compared to March.

Single Family Homes: $758,000 (-0.5 per cent monthly / -0.6 per cent annually)
Townhouse: $600,700 (+9.4 per cent monthly / +4.3 per cent annually)
Condos/Apartments: $320,000 (+5. per cent monthly / -0.9 per cent annually)

The Central Okanagan also saw a similar trend in its housing prices.

The AoIR said the benchmark prices for all housing types in the area were down on an annual basis, but only townhouse prices feel on a month-to-month comparison.

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Single Family Homes: $1,049,900 (+0.2 per cent monthly / -1.0 per cent annually)
Townhouses: $724,000 (-0.2 per cent monthly / -1.5 per cent annually)
Condos/Apartments: $497,500 (+5.4 per cent monthly / -2.3 per cent annually)

Across the entire Interior the AoIR said the average benchmark price for all housing types were up on a monthly basis but down when compared to the same point the year before. It also said there were 1,319 homes sold across the region in April, which was up compared to March and virtually unchanged from the sales in April of 2025.

With sales closely tracking last year’s activity, the Interior real estate market remains comparatively resilient amid other provincial markets that are experiencing increased volatility,” Association of Interior Realtors President, Ryan Mayne, stated.

“With healthy inventory levels, balanced market conditions and prices staying fairly steady, it remains important for sellers to price appropriately at the onset so listings don’t go stale.”

by Liam Verster

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