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      Downtown, Kelowna, BC Real Estate

      Home prices, sales and market activity in Downtown — prices moved -0.1% in 2026.

      View mapHomes for sale

      Avg. condo price

      $806,415

      -7.7%2026 vs 2025

      Sales in 2026 so far

      6

      4 in 2025

      Price rank in Kelowna

      7th

      of 20 neighbourhoods

      How it ranks

      Downtown among 20 Kelowna neighbourhoods

      Average house + condo price is 4% below the Kelowna average ($875,784).

      Most expensive

      Ranked by average property price against every neighbourhood in the city.

      7th

      of 20

      LastAhead of 68%1st

      $836,454 average price

      -4%vs Kelowna average

      Fastest growing

      Ranked by year-over-year price growth against every neighbourhood in the city.

      6th

      of 20

      LastAhead of 74%1st

      -0.14% year over year

      Most active

      Ranked by number of recorded sales against every neighbourhood in the city.

      15th

      of 20

      LastAhead of 26%1st

      6 sales

      Market trends

      Yearly averages from assessment records and recorded sales.

      Average price

      Downtown: $836,454

      Downtown

      Kelowna average

      Average house + condo price by year in Downtown
      YearDowntownKelowna average
      2022—$791,512
      2023$981,991$907,279
      2024$968,036$909,207
      2025$913,109$893,730
      2026$836,454$875,784

      Year-over-year change

      Change in average price

      Downtown

      Kelowna average

      Year-over-year change in average price in Downtown
      DowntownKelowna average
      2022—+29.8%
      2023—+14.4%
      2024-1.4%+0.1%
      2025-5.7%-1.7%
      2026-0.1%-0.9%

      Sales activity

      Recorded sales per year · 2026 is year to date

      Recorded sales per year in Downtown
      Downtown
      20228 sales
      202310 sales
      20244 sales
      20254 sales
      2026 YTD6 sales

      Current month

      Downtown price and rent estimates

      Current-month figures for Downtown, by property type.

      Avg. Honestdoor price

      $1,142,705

      1.73%up from previous month

      Avg. rental estimate

      $4,516/mo

      Sold price per sq ft

      —

      Est. gross rental yield

      4.7%

      Annual rent ÷ price

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      Nearby

      Neighbourhoods near Downtown

      Closest neighbourhoods by distance, with their average house price.

      All of Kelowna

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      All neighbourhoods

      Neighbourhoods in Kelowna

      Largest neighbourhoods

      View all 20 neighbourhoods A–Z

      Downtown Kelowna Real Estate Market Report

      Discover the latest insights into the Downtown real estate market with Honestdoor's detailed report. Whether you're buying, selling, or investing, staying informed about Downtown'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 Downtown, 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 Downtown 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 Downtown, 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 Downtown

      Explore current real estate listings in Downtown 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 Downtown real estate market with our comprehensive report at Honestdoor, and make informed decisions in this thriving neighbourhood.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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