North Kamloops, Kamloops - October 2026 Real Estate Report
North Kamloops Real Estate: What Your Neighbour Isn't Telling You
If you own a home in North Kamloops and you're still relying on your BC Assessment notice to know what your place is worth, you're working with old information. The market has moved - and not entirely in the direction you might hope. Here's the straight story.
The Vibe: Houses vs. Condos
Houses - Taking a Breather
We saw 6 houses sell in North Kamloops this period, and the average sale price came in at $495,933 - down 14.3% from last month. That's a number worth paying attention to. Listings are sitting at an average of $646,175, which means there's a real gap between what sellers want and what buyers are paying. On average, homes sold for 95.69% of list price, so buyers are negotiating and winning.
- Average sale price: $495,933
- Average list price: $646,175
- Price per square foot: $286
- Average days on market: 36 days
- Sale-to-list ratio: 95.69%
- Properties sold: 6
Thirty-six days on market tells us homes aren't flying off the shelf. Compare that to West End, where houses are moving in 21 days, and you get the picture - our market is slower right now. The predicted market value for houses sits at $588,854, which is actually dipping below the 3-month moving average of $591,352. The trend line is pointing down, not up.
On the neighbourhood leaderboard, North Kamloops houses rank 23 out of 27 for growth. That puts us near the bottom of the pack in Kamloops right now. The one bright spot - days-on-market ranks 5 out of 22, meaning relative to price performance, homes here still move at a decent clip. And for price, we rank 22 out of 23, which makes us one of the most affordable options in the city. That's a real draw for buyers watching their budget.
Condos - A Different Story Altogether
The condo numbers in North Kamloops are unusual, and we want to be upfront about that. Only 2 condos sold this period, with an average sale price of $196,800 - down 46.1% from last month. With that few transactions, the numbers swing hard. Properties sat on the market for an average of 109 days, and the sale-to-list ratio came in at 92.24%. Buyers are getting significant discounts here.
- Average sale price: $196,800
- Average list price: $284,900
- Price per square foot: $335
- Average days on market: 109 days
- Sale-to-list ratio: 92.24%
- Properties sold: 2
On the leaderboard, condo growth ranks 17 out of 27 - below average. Days-on-market ranks 13 out of 14, meaning condos here are among the slowest-selling in Kamloops. If you own a condo and need to move it, pricing strategy is everything right now.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here's the thing about your BC Assessment - it's a snapshot from July 1st of last year. The market doesn't care about last year. It cares about right now.
For houses in North Kamloops, the average assessed value is $599,706. The HonestDoor Price is $589,305 - that's 1.73% lower than what the government says your home is worth. That gap matters if you're pricing a listing, negotiating a purchase, or just trying to understand your actual equity position. The HonestDoor Price updates in real time and reflects what buyers are actually doing in the market today, not what they were doing 12 months ago.
For condos, the divergence is even more dramatic. The average assessed value is $342,292. The HonestDoor Price is $1,776,603 - a difference of 419%. That kind of gap signals that the assessed value is significantly out of step with current market conditions. Whether you're a condo owner or a buyer, you need a current number, not a stale one.
The HonestDoor Price is your real-world check. Use it.
The "So What?" - Thinking About Selling This Summer?
If you're a homeowner in North Kamloops eyeing a summer sale, here's the honest take.
For house sellers - the market is cooling but not collapsing. You're still in a neighbourhood that ranks 5th in Kamloops for total transaction volume, which means buyers are active here. With 78 property transactions recorded in 2026 across 2,705 assessed properties, there's real movement. But with homes selling at 95.69% of list price and 36 days on market, you need to price sharp from day one. Overpricing and then chasing the market down is the worst play right now.
For condo sellers - patience and pricing are your two tools. With 109 days on market and buyers paying 92.24% of list, the condo segment is a slow burn. If you have flexibility on timing, waiting for more transactions to stabilize the data could work in your favour. If you need to sell now, price it to move and don't anchor to the assessed value.
For anyone thinking about renting instead of selling - houses here carry a rental yield of 5.48% with an estimated rent of $2,772 per month. That's a strong return by any measure. Holding and renting is a legitimate strategy if the sale price isn't where you need it to be.
Bottom line - North Kamloops is affordable, active, and right now it favours buyers. If you're selling, go in with clear eyes and a current HonestDoor Price in hand. That's the number that reflects today's market, not last year's.
north kamloops | kamloops | 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.