North Kamloops, Kamloops - August 2026 Real Estate Report

North Kamloops Real Estate: What Your Neighbours Are Not Telling You

If you own a home in North Kamloops and you have not checked your HonestDoor Price lately, you might be making decisions based on numbers that are already out of date. Here is the straight story on what is actually happening in our corner of Kamloops right now.

The Vibe: Houses vs. Condos in North Kamloops

Houses - Steady, Affordable, and Moving

We are sitting in one of the most affordable house markets in Kamloops - ranked 22 out of 23 neighbourhoods on price. That sounds like a knock, but flip it around: buyers are noticing. Seven houses sold this month at an average of $555,929, which is up 2.0% from last month. That is real momentum.

• Average sale price: $555,929 (up 2.0% month over month)
• Average list price this month: $617,786
• Price per square foot: $322
• Homes sold for 97.04% of list price on average
• Average days on market: 43
• Predicted market value: $592,242
• Estimated monthly rent: $2,779
• Rental yield: 5.47%

Houses here are taking about 43 days to sell, which puts us at rank 8 out of 20 on days-on-market in Kamloops - that is actually on the faster side of average. Buyers are not sprinting, but they are not sleeping either. The 5.47% rental yield is the number that should catch every investor's eye. That is a strong return in today's market.

On the neighbourhood leaderboard, our house growth rate sits at 21 out of 27 in Kamloops. We are taking a breather on appreciation, no question. But the combination of affordability and solid rental income is keeping this market active.

Condos - A Smaller Market With Big Numbers

Our condo segment is a different story, and honestly, the numbers here need some context. Only 4 condos sold this month, and the average sale price sits at $359,450. That is the on-the-ground reality for most buyers and sellers in our neighbourhood.

• Average sale price: $359,450
• Average list price this month: $367,400
• Price per square foot: $471
• Condos sold for 97.92% of list price on average
• Average days on market: 25
• Predicted market value: $1,744,044
• Estimated monthly rent: $5,512
• Rental yield: 2.89%

Condos are moving in about 25 days, which is faster than nearby West End at 21 days - close enough that we are competitive. On the leaderboard, condo growth ranks 22 out of 27, so we are near the bottom of the pack on appreciation right now. The market is stable, not exciting. If you own a condo here and are thinking about selling, timing matters more than ever.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing about your BC Assessment notice: it reflects what your property was worth on July 1st of last year. It is a snapshot from the past. The market has moved since then - sometimes up, sometimes sideways.

For houses in North Kamloops, the average assessed value is $599,706. The average HonestDoor Price is $590,872. That is 1.47% lower than what the city has on the books. If you are pricing a home based on your assessment alone, you could be starting the conversation in the wrong place.

For condos, the gap is even more striking. The average assessed value is $342,292, while the HonestDoor Price is tracking at $1,827,537 - up 4.79% from the previous period. The HonestDoor Price pulls in real transaction data, current listing activity, and neighbourhood trends to give you a live read on value. Your assessment cannot do that. It is updated once a year. The market moves every single month.

Think of the HonestDoor Price as the real-world check - what a buyer would actually pay today, not what a government formula calculated eight months ago.

The "So What?" - Thinking About Selling This Summer?

If you are a house owner in North Kamloops and you are considering listing this summer, here is the honest take. Prices are up month over month, buyers are active, and our affordability ranking means we attract people who are priced out of pricier Kamloops neighbourhoods. That is a real advantage. With 63 property transactions recorded in 2026 across 2,705 assessed properties, there is consistent activity here - not a frenzy, but a reliable market.

The catch is that homes are sitting for 43 days on average. You need to price right from day one. Overpricing by even a little will cost you time, and time on market sends the wrong signal to buyers. Check your HonestDoor Price before you call your agent - not after.

For condo owners, the stable market means you are not in a rush, but you are also not in a position to push price. Buyers are paying about 97.92% of list, so there is not much room to negotiate upward. Price it accurately and you will move it in under a month. Price it with wishful thinking and you will be watching West End condos sell while yours sits.

Bottom line for North Kamloops: this is a neighbourhood where doing your homework pays off. Know your real number before you make a move.

This 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.