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Kelowna

Why you'd want to live in Kelowna

Kelowna is a popular destination for people looking to relocate to British Columbia due to its mild climate and abundance of outdoor recreational activities. The city has a strong economy, driven by industries such as technology, healthcare, and tourism, providing a wide range of job opportunities. Kelowna is also known for its vibrant cultural scene, with numerous festivals and events throughout the year, including the Kelowna Jazz Festival and the Okanagan Blues and Brews Festival. The city's scenic location on the shores of Lake Okanagan makes it an attractive choice for those who enjoy water sports and activities. Additionally, Kelowna is home to a number of wineries and vineyards, offering wine tastings and tours. You would want to live in Kelowna for its unique blend of outdoor recreation, cultural activities, and economic opportunities.

Kelowna Market Report

$1,365,012

AVERAGE PRICE OF 1,253 HOMES

$2,158,294

AVERAGE PRICE OF 578 MULTI-MILLION DOLLAR HOMES

$1,046,766

AVERAGE PRICE OF 221 NEWLY BUILT HOMES

$1,609,613

AVERAGE PRICE OF 379 HOMES WITH A POOL

$1,049,826

AVERAGE PRICE OF 43 REDUCED PRICE HOMES

Average Home

Average Price $1,365,012
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.87 baths

Average Price by Bedrooms

1 bedroom $751,415
2 bedrooms $807,635
3 bedrooms $1,264,292
4 bedrooms $1,703,307
5 bedrooms $2,130,878
Kelowna Home Price Trends
  2/2026 1/2026 12/2025 11/2025 10/2025
Total Listings 1,165 1,097 1,222 1,366 1,474
Average Price $1,386,996 $1,394,237 $1,411,597 $1,376,481 $1,356,519
Avg Price Change -0.52% -1.25% +2.55% +1.47% +1.39%
Median Price $968,871 $980,663 $980,385 $986,696 $975,700
Med Price Change -1.22% +0.03% -0.64% +1.13% +1.00%
Avg Bedrooms 3.34 beds 3.33 beds 3.35 beds 3.37 beds 3.36 beds
Avg Bathrooms 2.86 baths 2.85 baths 2.88 baths 2.88 baths 2.89 baths
Total Homes Average Price Avg Days on Site
All Homes 1,253 $1,365,012 79 days
Multi-Million Dollar Homes 578 $2,158,294 95 days
Newly Built Homes 221 $1,046,766 71 days
Homes with a Pool 379 $1,609,613 75 days
Reduced Price Homes 43 $1,049,826 70 days
Oakwyn Realty Okanagan
Jo-Jo Amichand
473 Bernard Avenue
Kelowna, BC V1Y 6N8
778-363-5411

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