If you own a home in North Kamloops and you haven't checked your HonestDoor Price lately, now is the time. The city's assessment says one thing. The actual market is saying something a little different - and the gap matters for your wallet.
North Kamloops is a neighbourhood of two stories this season. Houses and condos are moving in very different directions, and if you lump them together, you'll miss what's actually going on.
Let's be straight with you. The house market in North Kamloops is cooling off. The average sale price for houses sits at $544,806 - down 5.6% from last month. Homes are sitting on the market for an average of 42 days, which is twice as long as nearby West End at 21 days. Buyers are paying about 97.43% of list price, meaning sellers are giving a little ground to get deals done.
That said, the predicted market value for houses is $595,648 - up from the 3-month moving average of $590,156. So while the short-term numbers show a softer month, the underlying trend is still pointing upward. We're not in freefall. We're just catching our breath.
Here's a stat worth bragging about at the next block party: North Kamloops houses rank 3rd out of 27 neighbourhoods in Kamloops for growth rate. That puts us near the top of the leaderboard, even when the month-to-month numbers look soft. On affordability, we rank 22nd out of 23 - which means we're one of the most accessible entry points in the city. That's not a weakness. That's an opportunity for buyers who've been priced out elsewhere.
The rental picture is strong too. Estimated rent comes in at $2,793 per month with a rental yield of 5.47%. For anyone thinking about holding a property as an investment, that's a number worth paying attention to.
The condo side of North Kamloops is where things get interesting - and a little unusual. Only 3 condos sold this month, but that's up 50% from last month. The average sale price jumped to $362,800, up 32.7% month over month. Small sample sizes can swing numbers hard, so take the monthly jump with some context. But the direction is clear: condo activity is picking up.
The HonestDoor Price for condos here is $1,744,044 - well above the city assessment of $342,292. That's a massive gap, and it reflects the real-world demand picture that a static government number simply cannot capture. The predicted market value is $1,770,971, up from the 3-month average of $1,758,071. Condo values have moved 4.53% recently, ranking 7th out of 27 neighbourhoods in Kamloops for growth. That's above average, and it's a signal worth watching.
Rental potential on condos is also notable - estimated at $5,569 per month. The rental yield of 2.89% is moderate, but the raw income number is hard to ignore for investors already in the market.
Here's the thing about your city assessment. It's a snapshot taken months ago, using data that's even older than that. It doesn't know what sold on your street last Tuesday. It doesn't factor in what buyers are actually willing to pay right now.
The HonestDoor Price is updated in real time. For houses in North Kamloops, the average HonestDoor Price is $590,203 - that's 1.58% below the average city assessment of $599,706. That gap might not sound huge, but if you're pricing a home based on your assessment, you could be starting the conversation in the wrong place entirely.
The HonestDoor Price is your real-world check. It's what the market is actually doing, not what a government spreadsheet decided last year. If you haven't looked yours up, you're making decisions with old information.
If you own a house in North Kamloops and you're thinking about listing this summer, here's the honest take. The market is softer than it was a few months ago. Buyers have more choices and they know it. Homes are taking longer to move, and you'll likely need to price sharp to get traction. The 42-day average days-on-market is a signal - not a crisis, but a reality check.
The good news is that North Kamloops sits near the top of the Kamloops growth leaderboard - 3rd out of 27 neighbourhoods. That's a real selling point. Buyers looking for value in a city where prices have climbed elsewhere are landing here. You have a story to tell. Just make sure your price tells it accurately.
For condo owners, the momentum is on your side right now. Activity is up, prices jumped last month, and the predicted value trend is moving in the right direction. If you've been waiting for a window, this one is worth a closer look.
Either way, start with your HonestDoor Price - not your assessment notice. That's the number that reflects what a real buyer would pay today. Everything else is just paperwork.
north kamloops | kamloops | july 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.