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Ray Rasouli is a licensed REALTOR® with the Greater Vancouver board, providing clarity-first guidance for buyers and sellers. No pressure, no hype.

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Home/Hot deals/Okanagan & Thompson/Kelowna

Okanagan & Thompson · updated hourly

Where the asking price looks favourable in Kelowna.

60 active Kelowna listings score at 55 or higher against comparable sales, price-cut history, and market context. The cards below are the top of that field, ranked against the whole of it.

Scored listings

60

Strong value

31

Median asking

$489K

Average score

73

Two things are being measured. The score out of 100 says how the asking price holds up against comparable sales. The standing on each card says how rare that score is in that city, counted against every scored listing there rather than the handful shown. Only listings with at least three comparable sales appear at all, because a score with nothing to compare against is not a score. All of it is a starting point for your own diligence, not financial advice.

31 of them reach 75 or higher, which reads as strong value, about 52% of what is scored here.

The median asking price across them is $488,500.

The average score is 73. Figures reflect current asking prices on active listings and refresh on the hour.

The top of the board in Kelowna

Strong value
Highest scoring of 60 scored in Kelowna

$198,000

89

Kelowna

2 bd · 2 ba · 984 sqft

Asking / sqft

$201

Comparable median

$476

Below 50 comps

57.8%

Listed by REMAX KelownaMLS® 10388383
Strong value
Top 4% of 60 scored in Kelowna

$249,000

89

Kelowna

1 bd · 1 ba · 588 sqft

Asking / sqft

$423

Comparable median

$870

Below 50 comps

51.3%

Listed by REMAX KelownaMLS® 10391028
Strong value
Top 5% of 60 scored in Kelowna

$338,800

88

Kelowna

2 bd · 1 ba · 750 sqft

Asking / sqft

$452

Comparable median

$793

Below 50 comps

43.1%

Listed by REMAX KelownaMLS® 10391019
Strong value
Top 7% of 60 scored in Kelowna

$299,900

87

Kelowna

1 bd · 1 ba · 815 sqft

Asking / sqft

$368

Comparable median

$843

Below 50 comps

56.3%

Listed by Century 21 Assurance Realty LtdMLS® 10376914
Strong value
Top 9% of 60 scored in Kelowna

$864,900

87

Kelowna

4 bd · 3 ba · 2,260 sqft

Asking / sqft

$383

Comparable median

$516

Below 50 comps

25.9%

Listed by REMAX KelownaMLS® 10390839
Strong value
Top 10% of 60 scored in Kelowna

$169,800

86

Kelowna

1 bd · 1 ba · 357 sqft

Asking / sqft

$476

Comparable median

$894

Below 50 comps

46.8%

Listed by REMAX KelownaMLS® 10390800
Strong value
Top 12% of 60 scored in Kelowna

$699,900

85

Kelowna

3 bd · 3 ba · 1,923 sqft

Asking / sqft

$364

Comparable median

$461

Below 50 comps

21.1%

Listed by Royal LePage KelownaMLS® 10374751
Strong value
Top 14% of 60 scored in Kelowna

$375,000

85

Kelowna

1 bd · 1 ba · 688 sqft

Asking / sqft

$545

Comparable median

$858

Below 50 comps

36.5%

Listed by Real Broker B.C. LtdMLS® 10394207
Strong value
Top 15% of 60 scored in Kelowna

$400,000

85

Kelowna

2 bd · 1 ba · 612 sqft

Asking / sqft

$654

Comparable median

$813

Below 50 comps

19.6%

Listed by Century 21 Assurance Realty LtdMLS® 10364791
Strong value
Top 17% of 60 scored in Kelowna

$477,000

85

Kelowna

2 bd · 2 ba · 1,048 sqft

Asking / sqft

$455

Comparable median

$590

Below 50 comps

22.9%

Listed by Century 21 Assurance Realty LtdMLS® 10343249
Strong value
Top 19% of 60 scored in Kelowna

$500,000

85

Kelowna

2 bd · 2 ba · 1,077 sqft

Asking / sqft

$464

Comparable median

$666

Below 50 comps

30.3%

Listed by Royal LePage KelownaMLS® 10386249
Strong value
Top 20% of 60 scored in Kelowna

$999,000

85

Kelowna

6 bd · 4 ba · 3,641 sqft

Asking / sqft

$274

Comparable median

$453

Below 50 comps

39.4%

Listed by Royal LePage KelownaMLS® 10384651
Strong value
Top 22% of 60 scored in Kelowna

$739,900

84

Kelowna

3 bd · 3 ba · 1,591 sqft

Asking / sqft

$465

Comparable median

$609

Below 50 comps

23.6%

Listed by Coldwell Banker Horizon RealtyMLS® 10388541
Strong value
Top 24% of 60 scored in Kelowna

$399,900

84

Kelowna

2 bd · 2 ba · 848 sqft

Asking / sqft

$472

Comparable median

$669

Below 50 comps

29.5%

Listed by Realty One Real Estate LtdMLS® 10382900
Strong value
Top 25% of 60 scored in Kelowna

$510,000

84

Kelowna

2 bd · 1 ba · 1,039 sqft

Asking / sqft

$491

Comparable median

$688

Below 50 comps

28.6%

Listed by REMAX KelownaMLS® 10388653
Strong value
16 of 60 scored in Kelowna

$539,000

84

Kelowna

3 bd · 2 ba · 1,486 sqft

Asking / sqft

$363

Comparable median

$600

Below 50 comps

39.5%

Listed by Royal LePage KelownaMLS® 10374613
Strong value
17 of 60 scored in Kelowna

$749,900

84

Kelowna

3 bd · 4 ba · 1,750 sqft

Asking / sqft

$429

Comparable median

$558

Below 50 comps

23.1%

Listed by Royal LePage KelownaMLS® 10385074
Strong value
18 of 60 scored in Kelowna

$428,500

84

Kelowna

2 bd · 2 ba · 1,057 sqft

Asking / sqft

$405

Comparable median

$672

Below 50 comps

39.6%

Listed by Canada Flex Realty Group Ltd.MLS® 10376687
Strong value
19 of 60 scored in Kelowna

$469,900

84

Kelowna

2 bd · 2 ba · 1,117 sqft

Asking / sqft

$421

Comparable median

$734

Below 50 comps

42.7%

Listed by REMAX KelownaMLS® 10390024
Strong value
20 of 60 scored in Kelowna

$289,900

84

Kelowna

2 bd · 2 ba · 1,133 sqft

Asking / sqft

$256

Comparable median

$634

Below 50 comps

59.7%

Listed by REMAX KelownaMLS® 10390952
Strong value
21 of 60 scored in Kelowna

$399,900

83

Kelowna

2 bd · 2 ba · 1,097 sqft

Asking / sqft

$365

Comparable median

$629

Below 50 comps

42%

Listed by Royal LePage KelownaMLS® 10390972
Strong value
22 of 60 scored in Kelowna

$415,000

83

Kelowna

2 bd · 2 ba · 855 sqft

Asking / sqft

$485

Comparable median

$690

Below 50 comps

29.7%

Listed by Oakwyn Realty OkanaganMLS® 10354358
Strong value
23 of 60 scored in Kelowna

$449,000

83

Kelowna

2 bd · 2 ba · 1,255 sqft

Asking / sqft

$358

Comparable median

$448

Below 50 comps

20.1%

Listed by Royal LePage KelownaMLS® 10389689
Strong value
24 of 60 scored in Kelowna

$324,900

82

Kelowna

2 bd · 1 ba · 684 sqft

Asking / sqft

$475

Comparable median

$845

Below 50 comps

43.8%

Listed by Coldwell Banker Executives RealtyMLS® 10374032

Smart search

Deals in Kelowna move quickly.

The listings on this page change daily. Set your search once and the ones worth seeing come to you instead.

Alerts when it matters

A new listing, a price drop or an open house in what you are watching, sent as it happens.

A shortlist that stays put

Save homes as you find them and they are still there next week, on any device.

Your own dashboard

Compare what you saved side by side, with the mortgage math and neighbourhood detail attached.

Or build your search properly →

A few questions about budget, area and must-haves, and the shortlist is built around your answers.

KELOWNA ALERTS

1 / 3

What do you want to hear about?

Pick as many as you want. You can change this later.

New listings

The moment something comes to market

Price drops

When a seller cuts their asking price

Open houses

Before you plan your weekend

Other Okanagan & Thompson cities

Kamloops

49 scored · median $635K

Avg score 70.2 →

Penticton

28 scored · median $537K

Avg score 66.6 →

Osoyoos

24 scored · median $490K

Avg score 78.1 →

West Kelowna

18 scored · median $549K

Avg score 70.5 →

Salmon Arm

16 scored · median $727K

Avg score 72.2 →

Merritt

11 scored · median $429K

Avg score 72.3 →

Summerland

10 scored · median $849K

Avg score 83.1 →

Westbank

7 scored · median $560K

Avg score 72.2 →

Lake Country

6 scored · median $957K

Avg score 72.3 →

What paying for a home in Kelowna looks like

Kelowna households earn a median of $82,000 a year, and owners here carry a median shelter cost of $1,340 a month, about 20% of that income before tax.

27% of Kelowna households already spend more than 30% of their income on shelter, which is the line Statistics Canada uses to call housing unaffordable.

Owners hold 65% of Kelowna homes and renters the other 35%.

The census valued the average Kelowna dwelling at $796,000 in 2021. The median asking price among the listings scored here is $488,500, 39% below that figure. Census values are self-reported and four years old, so read the gap as context rather than a measure of the market today.

Source: Statistics Canada, 2021 Census of Population, census subdivision level.

How a deal earns its place

Scored out of 100 against comparable sales, price history and market context, then ranked against every other scored listing in the same city. Nothing is hand-picked and no listing can pay to appear.

See the full method and browse every region

All Kelowna listingsKelowna market reportOkanagan & Thompson

Source: BCRES MLS® via Bridge Interactive. Listing content is provided under MLS® Reciprocity and is deemed reliable but not guaranteed accurate. Scores reflect current asking prices on active listings and refresh on the hour. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of CREA.