Highway 97, Big White - October 2026 Real Estate Report
Highway 97, Big White: Your Neighbour Just Got a 7% Raise on Their Home Value. Did You?
If you own on Highway 97 and you haven't checked your HonestDoor Price lately, you're flying blind. The average home here is sitting at $797,259 - up 7.30% from the previous period. That's real money moving in your direction. Here's what's actually going on in the market right now.
The Vibe: Houses vs. Condos on Highway 97
We're seeing two very different stories play out depending on what you own. Let's break it down.
Houses - Taking a Breather, But Don't Panic
If you've been watching the "For Sale" signs on Highway 97, here's what's actually happening with houses. The average sale price came in at $609,100 this month - down 17.1% from last month. That sounds alarming, but with only 1 house sold this month, one transaction can swing the average hard. Don't read too much into a single data point.
- Average list price this month: $625,000
- Homes sold for 97.46% of list price - buyers are getting a small discount
- Average days on market: 40 days
- Price per square foot: $508
- Predicted market value: $709,979
- 3-month moving average: $714,253 - values are easing slightly
- Rental yield: 5.31% - that's a strong return if you're holding
- Estimated monthly rent: $3,035
- Growth rank: 6 out of 19 neighbourhoods in Kelowna - above average
- Days-on-market rank: 3 out of 16 - houses here move fast when priced right
- Price rank: 13 out of 16 - one of the more affordable options in the city
The neighbourhood leaderboard tells us something useful here. A top-3 days-on-market rank means buyers are still showing up. The market is cooling, not collapsing. Houses are sitting 2 days longer than nearby Mc Kinley Landing, but that gap is nothing to lose sleep over.
Condos - Slow and Steady
The condo side of Highway 97 is a different animal. Nine units sold this month - a stable number - but they're sitting on the market for an average of 110 days. That's a long time. For context, nearby Glenmore Clifton condos are moving in 92 days. We're trailing there.
- Average sale price: $420,122 - essentially flat month over month
- Average list price: $434,150
- Homes sold for 96.79% of list price - buyers have some negotiating room
- Price per square foot: $557
- Predicted market value: $458,562
- 3-month moving average: $457,600 - values are nudging upward
- Rental yield: 3.90% - moderate, but still positive cash flow territory
- Estimated monthly rent: $2,426
- Growth rank: 12 out of 17 neighbourhoods in Kelowna - below average
- Days-on-market rank: 12 out of 14 - condos here are slow movers right now
- Price rank: 11 out of 14 - below average pricing in Kelowna
The leaderboard ranking for condos is honest - we're near the bottom for speed and growth. But the predicted value is still climbing past the 3-month average, and we're priced above nearby Mc Kinley Landing condos at $436,885. There's a floor here.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here's the thing about your city assessment - it's a snapshot from months ago, built on old sales data and a formula that doesn't know your street, your view, or what your neighbour's reno did to the block's value. The HonestDoor Price is the real-world check. It's updated in real time using actual market activity.
On Highway 97, the average HonestDoor Price is $797,259 - up 7.30%. Your tax assessment almost certainly doesn't reflect that jump yet. If you're making any financial decision - refinancing, selling, even just figuring out your net worth - using a stale government number is like navigating with last year's map.
And if you're thinking about short-term rental income, Highway 97 holds the number 1 Airbnb rank in Big White. The average nightly rate estimate is $180. That's not a side hustle - that's a real income stream that your assessment will never capture.
The "So What?" - Thinking About Selling This Summer?
If you own a house on Highway 97 and you're thinking about listing this summer, here's the straight talk.
The market is taking a breather on the house side. Buyers are paying slightly below list price and taking 40 days to commit. But your growth rank of 6 out of 19 in Kelowna means this neighbourhood is still outperforming most of the city. You're not in a race to the bottom - you're just in a market that rewards smart pricing.
For condo owners, patience is the word. With 110 days on market being the current average, you need to go in priced sharp from day one. Sitting at $434,150 on the list and watching buyers walk is a costly strategy right now.
For both - check your HonestDoor Price before you call an agent. Know your number. The average here is $797,259 with a 7.30% gain behind it. That's your starting point, not whatever the city mailed you last January.
- HonestDoor Price average: $797,259 - up 7.30%
- Average rental estimate: $3,654 per month
- Airbnb estimate: $180 per night
- Big White Airbnb rank: 1st - the top spot in the area
- Nearby comparison - Mc Kinley Landing HD Price: $1,279,458
- Nearby comparison - Glenmore Clifton HD Price: $1,078,640
Highway 97 is affordable relative to its neighbours, ranked in the top Airbnb territory in Big White, and showing real price growth. If you're selling, price it right and move with confidence. If you're holding, the numbers are working in your favour.
highway 97 | big white | october 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.