If you have been glancing at your latest property assessment and feeling pretty good about yourself, sit down for a second. The real-world numbers in Rose Hill tell a different story - and it is one every homeowner here needs to hear before making any moves this summer.
Let us be straight with each other. Rose Hill is one of the priciest addresses in Kamloops - our average assessed value ranks number 1 in the city. But the market is taking a breather, and the gap between what the city says our homes are worth and what buyers are actually paying is significant.
That 156-day average is the number we need to talk about. Our days-on-market ranks 21 out of 22 neighbourhoods tracked in Kamloops. That means houses here are sitting longer than almost everywhere else in the city. It is not panic territory, but it is a clear signal that buyers have options and they know it. On the neighbourhood growth leaderboard, Rose Hill houses rank 14 out of 27 - right in the middle of the pack, trending slightly below average.
The condo side of Rose Hill is under more pressure. A -3.15% recent value change and a growth rank of 24 out of 27 in Kamloops puts us near the bottom of the leaderboard for condos. The one bright spot is that the HonestDoor Price jumped 6.33% from the previous period - but the predicted market value is still trending down against the 3-month average. Worth watching closely.
Here is the thing about your city assessment - it is a snapshot from months ago, built on formulas that do not account for what is happening on the ground today. In Rose Hill, that disconnect is massive. The city says the average house here is worth $1,119,777. The HonestDoor Price says $895,960. That is a $223,817 difference.
If you are making any financial decision - refinancing, selling, even just understanding your net worth - using the government assessment number right now is like navigating with an old map. The HonestDoor Price pulls from real-time transaction data and current market signals. It is the number that reflects what a buyer would actually put on the table today, not what an assessor calculated last year.
With 130 properties assessed in Rose Hill this year, there is enough data to get a clear read. And that read says the city is overvaluing homes here by roughly 20%. That matters.
If you are considering listing this summer, here is the honest advice a good friend would give you.
Bottom line - Rose Hill is still one of Kamloops' most expensive neighbourhoods. That is a real advantage. But the market right now belongs to patient, well-informed buyers. The sellers who win this summer will be the ones who come in with accurate pricing and realistic expectations. Start with your HonestDoor Price. It is the most honest number you have got.
rose hill | 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.