2.1 km away
$537K
-4.0%Shannon Lake, West Kelowna, BC Real Estate
Home prices, sales and market activity in Shannon Lake — prices moved -2.2% in 2026.
Avg. house price
$936,375
-2.7%2026 vs 2025
Avg. condo price
$485,997
-0.8%2026 vs 2025
Sales in 2026 so far
85
98 in 2025
Price rank in West Kelowna
7th
of 14 neighbourhoods
How it ranks
Shannon Lake among 14 West Kelowna neighbourhoods
Average house + condo price is 10% below the West Kelowna average ($953,592).
Most expensive
Ranked by average property price against every neighbourhood in the city.
7th
of 14
LastAhead of 54%1st
$853,515 average price
-10%vs West Kelowna average
Fastest growing
Ranked by year-over-year price growth against every neighbourhood in the city.
9th
of 14
LastAhead of 38%1st
-2.18% year over year
Most active
Ranked by number of recorded sales against every neighbourhood in the city.
1st
of 14
LastAhead of 100%1st
85 sales
Market trends
How Shannon Lake compares with West Kelowna
Yearly averages from assessment records and recorded sales.
Average price
Shannon Lake: $853,515
Shannon Lake
West Kelowna average
| Year | Shannon Lake | West Kelowna average |
|---|---|---|
| 2022 | $748,824 | $883,040 |
| 2023 | $851,707 | $986,145 |
| 2024 | $881,251 | $971,546 |
| 2025 | $869,345 | $965,726 |
| 2026 | $853,515 | $953,592 |
Year-over-year change
Change in average price
Shannon Lake
West Kelowna average
| Shannon Lake | West Kelowna average | |
|---|---|---|
| 2023 | +14.3% | +11.8% |
| 2024 | +3.2% | -1.6% |
| 2025 | -1.3% | -0.7% |
| 2026 | -2.2% | -1.0% |
Sales activity
Recorded sales per year · 2026 is year to date
| Shannon Lake | |
|---|---|
| 2022 | 163 sales |
| 2023 | 121 sales |
| 2024 | 92 sales |
| 2025 | 98 sales |
| 2026 YTD | 85 sales |
Current month
Shannon Lake price and rent estimates
Current-month figures for Shannon Lake, by property type.
Avg. Honestdoor price
$932,162
0.49%down from previous month
Avg. rental estimate
$3,954/mo
Sold price per sq ft
$368 / sqft
Est. gross rental yield
5.1%
Annual rent ÷ price
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Nearby
Neighbourhoods near Shannon Lake
Closest neighbourhoods by distance, with their average house price.
2.8 km away
$666K
+3.3%2.8 km away
—
2.8 km away
—
3 km away
$535K
+2.3%4 km away
$465K
+0.1%4.2 km away
$1.02M
+0.6%4.9 km away
West Kelowna Estates-Rose Valley
$700K
+2.9%Honestdoor services
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Shannon Lake West Kelowna Real Estate Market Report
Discover the latest insights into the Shannon Lake real estate market with Honestdoor's detailed report. Whether you're buying, selling, or investing, staying informed about Shannon Lake'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 West Kelowna neighbourhood.
Average Property Prices and Market Trends
Get up-to-date information on average property prices in Shannon Lake, 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 Shannon Lake 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 Shannon Lake, 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 Shannon Lake
Explore current real estate listings in Shannon Lake 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 Shannon Lake real estate market with our comprehensive report at Honestdoor, and make informed decisions in this thriving neighbourhood.