Okanagan & Thompson · updated hourly
Where the asking price looks favourable in Salmon Arm.
10 active Salmon Arm 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
10
Strong value
4
Median asking
$650K
Average score
71.8
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.
4 of them reach 75 or higher, which reads as strong value, about 40% of what is scored here.
The median asking price across them is $649,500.
The average score is 71.8. Figures reflect current asking prices on active listings and refresh on the hour.
The top of the board in Salmon Arm
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Other Okanagan & Thompson cities
Kelowna
50 scored · median $439K
Avg score 68.2
Kamloops
43 scored · median $520K
Avg score 65.9
Osoyoos
29 scored · median $189K
Avg score 68.2
Penticton
23 scored · median $570K
Avg score 67.6
West Kelowna
17 scored · median $650K
Avg score 70.2
Summerland
11 scored · median $849K
Avg score 73.7
Merritt
10 scored · median $429K
Avg score 68.3
Westbank
7 scored · median $229K
Avg score 64.7
Keremeos
7 scored · median $360K
Avg score 71.1
What paying for a home in Salmon Arm looks like
Salmon Arm households earn a median of $75,000 a year, and owners here carry a median shelter cost of $830 a month, about 13% of that income before tax.
18% of Salmon Arm households already spend more than 30% of their income on shelter, which is the line Statistics Canada uses to call housing unaffordable.
Owners hold 78% of Salmon Arm homes and renters the other 22%.
The census valued the average Salmon Arm dwelling at $542,000 in 2021. The median asking price among the listings scored here is $649,500, 20% above 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.
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.