Rayleigh, Kamloops - July 2026 Real Estate Report

Rayleigh, Kamloops: Your Neighbour Just Asked What Their House Is Worth - Here's the Real Answer

The Vibe Right Now

If you've been watching the "For Sale" signs in Rayleigh lately, here's what's actually happening. The market is taking a breather on the house side, while condos are quietly doing something interesting. Let's break it down.

Houses: Catching a Breather

We're seeing house prices pull back. The average sale price sits at $808,900 this month, down 11.8% from last month. Listings are averaging $819,900, and buyers are paying about 98.66% of list price - meaning sellers are giving a little ground to get deals done. Only 1 house sold this month, so we're working with a thin slice of data, but the direction is clear.

• Average sale price: $808,900
• Average list price: $819,900
• Price per square foot: $343
• Average days on market: 22
• Sale-to-list ratio: 98.66%
• Predicted market value: $765,450
• 3-month moving average: $774,029 (and falling)
• Recent value change: -2.53%

On the neighbourhood leaderboard, Rayleigh houses rank 23 out of 27 for growth in Kamloops right now. That's bottom-quarter territory. The one bright spot? Days on market ranks 1 out of 20 - meaning when a house here does sell, it moves fast. And on price, we sit at rank 6 out of 23, so we're still in the upper tier for what homes are worth. The market is cooling, but Rayleigh isn't cheap.

The rental story is solid though. Estimated rent of $3,467 per month with a 5.13% rental yield is a strong number. If you're holding a house here and not selling, the income potential keeps this asset working for you.

Condos: The Quiet Overachiever

Here's where it gets interesting. While houses are taking a step back, condos in Rayleigh are on a run. The predicted market value is $327,400, up sharply from a 3-month moving average of $260,833. That's a 48.48% recent change in value - and it's earned Rayleigh condos a rank of 2 out of 27 in Kamloops for growth. That's top-tier.

• Average HonestDoor Price: $335,600 (up 2.50% from previous period)
• Predicted market value: $327,400
• 3-month moving average: $260,833
• Estimated rent: $1,750/month
• Rental yield: 4.16%
• Airbnb estimate: $90/night

For context, nearby Noble Creek condos are sitting at $366,800 predicted value and Heffley Creek at $336,500 - both slightly ahead of us. But with that growth rank of 2 out of 27, Rayleigh condos are closing the gap fast.

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

Here's the thing about your BC Assessment notice. It's a snapshot from July 1st of the previous year. By the time it lands in your mailbox, the market has already moved on. In a neighbourhood like Rayleigh where condo values have shifted dramatically in recent months, that government number can be seriously out of date.

The HonestDoor Price updates in real time using actual sales data, listing activity, and market trends. Right now, the average HonestDoor Price for houses in Rayleigh is $777,191 - sitting 0.01% above the average assessed value of $777,108. Those numbers are close today, but with house values declining 2.53% recently and condo values surging, the gap between your assessment and your real-world value could widen fast in either direction.

If you're a condo owner, your HonestDoor Price at $335,600 is the number that actually reflects what a buyer would pay today - not what the city calculated over a year ago. That's the number worth knowing.

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

For house sellers, the honest take is this: the window where you could name your price and expect a bidding war has narrowed. Buyers are paying below list, prices are off from last month, and the growth rank puts us near the bottom of the Kamloops leaderboard right now. That doesn't mean don't sell - it means price it right from day one. The days-on-market rank of 1 out of 20 tells us that well-priced homes here still move quickly. Overprice it and you'll sit. Price it sharp and you'll sell.

For condo owners, the timing looks more interesting. A growth rank of 2 out of 27 in Kamloops is a real number. Values have moved hard and fast. If you've been on the fence, this summer is worth a serious conversation about what your unit is actually worth today.

Either way, the first step is the same - check your HonestDoor Price at honestdoor.com before you call anyone. Know your number before the negotiation starts.

• Rayleigh houses: 727 properties assessed, 14 transactions in 2026
• House HonestDoor Price: $777,191 (up 1.53%)
• Condo HonestDoor Price: $335,600 (up 2.50%)
• Average rental estimate (house): $3,507/month
• Average rental estimate (condo): $1,790/month
• Airbnb rank in Kamloops: 11 (houses), 21 (condos)

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.