2.1 km away
$772K
Central City, Kelowna, BC Real Estate
Home prices, sales and market activity in Central City — prices moved -1.9% in 2026.
Avg. house price
$760,571
-1.5%2026 vs 2025
Avg. condo price
$416,610
-4.4%2026 vs 2025
Sales in 2026 so far
118
165 in 2025
Price rank in Kelowna
16th
of 20 neighbourhoods
How it ranks
Central City among 20 Kelowna neighbourhoods
Average house + condo price is 35% below the Kelowna average ($875,784).
Most expensive
Ranked by average property price against every neighbourhood in the city.
16th
of 20
LastAhead of 21%1st
$567,696 average price
-35%vs Kelowna average
Fastest growing
Ranked by year-over-year price growth against every neighbourhood in the city.
13th
of 20
LastAhead of 37%1st
-1.92% year over year
Most active
Ranked by number of recorded sales against every neighbourhood in the city.
5th
of 20
LastAhead of 79%1st
118 sales
Market trends
How Central City compares with Kelowna
Yearly averages from assessment records and recorded sales.
Average price
Central City: $567,696
Central City
Kelowna average
| Year | Central City | Kelowna average |
|---|---|---|
| 2022 | $533,412 | $791,512 |
| 2023 | $603,016 | $907,279 |
| 2024 | $608,625 | $909,207 |
| 2025 | $590,352 | $893,730 |
| 2026 | $567,696 | $875,784 |
Year-over-year change
Change in average price
Central City
Kelowna average
| Central City | Kelowna average | |
|---|---|---|
| 2022 | +23.4% | +29.8% |
| 2023 | +14.3% | +14.4% |
| 2024 | +1.1% | +0.1% |
| 2025 | -2.9% | -1.7% |
| 2026 | -1.9% | -0.9% |
Sales activity
Recorded sales per year · 2026 is year to date
| Central City | |
|---|---|
| 2022 | 220 sales |
| 2023 | 175 sales |
| 2024 | 159 sales |
| 2025 | 165 sales |
| 2026 YTD | 118 sales |
Current month
Central City price and rent estimates
Current-month figures for Central City, by property type.
Avg. Honestdoor price
$819,326
0.09%up from previous month
Avg. rental estimate
$3,511/mo
Sold price per sq ft
$337 / sqft
Est. gross rental yield
5.1%
Annual rent ÷ price
Never Miss a Listing
Get email notifications every time a new listing hits the market in Central City.
Nearby
Neighbourhoods near Central City
Closest neighbourhoods by distance, with their average house price.
2.3 km away
—
2.7 km away
$760K
3 km away
—
3.1 km away
$668K
3.3 km away
$769K
3.6 km away
—
4.5 km away
$691K
Honestdoor services
Buying or selling in Kelowna?
Sell with Honestdoor in Kelowna, BC
For only $500 Honestdoor can now list your home on Realtor.ca and the MLS®
Learn MoreBuy with Honestdoor in Kelowna, BC
Receive up to 50% cashback on commission, on average our clients have received $9,200
Learn MoreSell for sale by owner with Honestdoor in Kelowna, BC
For only $500, Honestdoor can list your home for sale by owner (FSBO) on REALTOR.ca and the MLS®, helping you reach more buyers and save on real estate commission fees.
Learn MoreAll neighbourhoods
Neighbourhoods in Kelowna
Largest neighbourhoods
- Rutland
- Glenmore Clifton
- South Pandosy KLO
- Central City
- South Central
- Highway 97
- South West Mission
- North End
- Pandosy Klo
- South East Kelowna
- North Mission Crawford
- Black Mountain
View all 20 neighbourhoods A–Z
Central City Kelowna Real Estate Market Report
Discover the latest insights into the Central City real estate market with Honestdoor's detailed report. Whether you're buying, selling, or investing, staying informed about Central City's housing market trends is essential. Our report offers a concise overview of average property prices, growing trends, and recent transactions in this sought-after Kelowna neighbourhood.
Average Property Prices and Market Trends
Get up-to-date information on average property prices in Central City, along with insights into market trends that show how this neighbourhood is evolving. Whether you're tracking price changes or looking for investment opportunities, Honestdoor's data helps you understand the dynamics of the Central City housing market.
Rental Estimates and Sold Prices per Square Foot
By integrating Big Data, machine learning, and predictive analytics, Honestdoor provides valuable information on average rental estimates and the sold price per square foot in Central City, offering a clear picture of the market's performance. This data is crucial for both homeowners and investors looking to maximize their returns.
Real Estate Listings in Central City
Explore current real estate listings in Central City to see what's available in this vibrant community. Whether you're looking for a new home or a solid investment, our listings give you access to the best properties on the market. Stay ahead in the Central City real estate market with our comprehensive report at Honestdoor, and make informed decisions in this thriving neighbourhood.