Rayleigh, Kamloops - September 2026 Real Estate Report

Rayleigh, Kamloops: Your Home Is Worth More Than You Think - Or Is It?

If you live in Rayleigh 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. Here's the real picture.

The Vibe: What's Actually Happening in Rayleigh Right Now

Rayleigh is a neighbourhood where the numbers tell two stories depending on what you're looking at. We've got 727 properties assessed this year and 17 transactions recorded in 2026. That's not a flood of activity - it's a steady, deliberate market. Here's how houses and condos are each playing out.

Houses: Big Prices, Slow Sales

The headline number looks exciting - the average sale price for houses hit $1,058,050 this month, up 45.1% from last month. But before you pop the champagne, that jump is based on just 2 sales. Two. A small sample can swing the average hard, so treat that number as a data point, not a trend.

Here's what actually matters for us as homeowners. Houses in Rayleigh are sitting on the market for an average of 98 days. That's a long time. The days-on-market rank is 20 out of 21 neighbourhoods tracked in Kamloops - meaning our homes are among the slowest-selling in the city right now. Buyers are also paying about 96.38% of the list price, so they're negotiating discounts. That's a buyer's market signal, even if the price tag looks high.

• Average sale price (houses, this month): $1,058,050
• Average list price (this month): $1,099,950
• Price per square foot: $375
• Sale-to-list ratio: 96.38% - buyers are getting discounts
• Average days on market: 98 days
• Predicted market value (HonestDoor): $772,571
• 3-month moving average: $771,738 - values are inching up
• Rental yield: 5.12% - that's a solid return for investors
• Estimated monthly rent: $3,490
• Growth rank: 18 out of 27 neighbourhoods - below average
• Price rank: 5 out of 23 - Rayleigh houses are priced above most of Kamloops

The rental story is actually the bright spot here. A 5.12% yield on a house is strong. If you're an investor or thinking about holding rather than selling, the income potential is real.

Condos: Taking a Breather

Condos in Rayleigh are in a softer spot right now. The HonestDoor Price sits at $318,600, down 0.96% from the previous period. The predicted market value is $321,700, but that's actually lower than the 3-month moving average of $328,233 - meaning values have been sliding, not climbing. The recent change in property values is -4.14%, and the growth rank is 25 out of 27 neighbourhoods in Kamloops. That puts Rayleigh condos near the bottom of the local leaderboard.

• HonestDoor Price (condos): $318,600
• Predicted market value: $321,700
• 3-month moving average: $328,233 - values are drifting down
• Recent value change: -4.14%
• Estimated monthly rent: $1,720
• Rental yield: 4.17% - moderate, not spectacular
• Growth rank: 25 out of 27 - near the bottom in Kamloops
• Airbnb rank in Kamloops: 23 - low short-term rental demand

Compared to nearby neighbourhoods, Rayleigh condos are actually cheaper than Noble Creek ($352,700), Heffley Creek ($331,044), and well below Westsyde ($595,001). If you own a condo here and are thinking about selling, the window to get top dollar may be narrowing.

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

Here's something most Rayleigh homeowners don't realize. The city's average assessed value for houses is $777,108. The HonestDoor Price is $766,275. That's a gap of about $10,800 - and the HonestDoor Price is 1.39% lower than what the assessment says.

Why does that matter? Your tax assessment is a snapshot frozen in time. It's calculated months before you even receive it, using data that can be a year or more old. The HonestDoor Price is updated in real time using current sales, market signals, and neighbourhood trends. It's the number that reflects what a buyer would actually pay today - not what a government formula calculated last year.

If you're pricing a home to sell, or just trying to understand your net worth, the HonestDoor Price is your real-world check. In Rayleigh right now, that check is telling us the market has cooled slightly from what the assessment suggests. That's useful information before you set a list price or make any financial decisions tied to your home's value.

The 'So What?': Thinking About Selling This Summer?

If you own a house in Rayleigh and want to sell this summer, here's the honest take. Your price rank is strong - 5th out of 23 neighbourhoods means Rayleigh commands real money. But 98 days on market and a below-average growth rank (18 out of 27) mean you need to price smart, not just high. Buyers are already negotiating discounts. Overpricing will cost you time, and time on market in this neighbourhood is already a challenge.

If you own a condo, the picture is more urgent. Values are sliding, the growth rank is near the bottom of the Kamloops leaderboard, and nearby neighbourhoods are priced higher. If selling is on your radar, sooner is probably better than later.

For anyone on the fence, here's the simple version. Check your HonestDoor Price before you do anything else. It takes two minutes and it gives you the current number - not the government's number from last year. In a market that's shifting like Rayleigh's is right now, that difference could mean thousands of dollars in the right direction.

• Rayleigh house price rank in Kamloops: 5 out of 23 - above average
• Rayleigh house growth rank: 18 out of 27 - below average
• Rayleigh condo growth rank: 25 out of 27 - near the bottom
• Neighbourhood overall growth: -0.01% year over year
• Total transaction rank in Kamloops: 15 - moderate activity
• Airbnb rank (houses) in Kamloops: 12 - mid-tier short-term potential

Rayleigh is not a neighbourhood in freefall. It's a neighbourhood taking a breather. The key is knowing exactly where you stand before you make a move - and that starts with your HonestDoor Price.

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.