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Kamloops Housing Market: March 2026 Prices & Data

Updated

Kamloops Housing Market Report — March 2026

Kamloops is located at the confluence of the North and South Thompson Rivers in BC’s Interior, approximately 350 kilometres northeast of Vancouver. With a Census Metropolitan Area population of approximately 115,000, Kamloops is BC’s fourth-largest city and serves as the regional hub for the Thompson-Nicola region. Major employers include Royal Inland Hospital and Interior Health, Thompson Rivers University, the City of Kamloops, BC Transit, and industries including mining, forestry, and agriculture.

Kamloops data is reported by the Association of Interior REALTORS® (AIR), which amalgamated the former Kamloops and District Real Estate Association, and tracked provincially by the BC Real Estate Association (BCREA).

Key Highlights — March 2026 (AIR):

  • Single-family benchmark price: $675,400 (+2.1% year-over-year)
  • Total residential sales: 202 (+9.2% year-over-year)
  • Active listings: 1,186 (+4.0% year-over-year)
  • Sales-to-active-listings ratio: 17.0% (balanced-to-buyer’s conditions)
  • Market: conditions tightening as spring activity picks up

Kamloops Home Prices — March 2026

Home TypeBenchmark PriceY/Y Change
Single Family$675,400+2.1%
Townhouse$498,100-1.9%
Condo/Apartment$360,100-5.4%

Benchmark prices reflect a home of “typical attributes” and are reported by the Association of Interior REALTORS®. Pricing varies significantly across Kamloops’ sub-markets — South Kamloops, Brock, and riverfront properties command premiums over newer subdivisions in Sahali or Aberdeen.


Market Metrics — March 2026

MetricValue
SF Benchmark Price$675,400
SF Benchmark YoY+2.1%
SF Benchmark MoM+2.2%
Total Residential Sales202
Sales YoY+9.2%
New Listings486
New Listings YoY+2.1%
Active Listings1,186
Active Listings YoY+4.0%
Sales-to-Active Ratio (STAR)17.0%
Avg Days on Market (SF)50
Market ConditionBalanced-to-buyer’s
Data SourceAssociation of Interior REALTORS® (AIR)

Income Required to Buy in Kamloops

Assumptions: 20% down payment, 3.99% contract rate (5.99% qualifying rate), 25-year amortization, GDS ratio of 32%, property tax $354/month, heating $150/month.

Home PriceMortgage (80%)Income Required
$675,400 (SF benchmark)$540,320$149,300
$498,100 (TH benchmark)$398,480$115,500
$360,100 (condo benchmark)$288,080$88,200
$800,000 (premium detached)$640,000$173,100
$1,000,000 (luxury detached)$800,000$211,300

Spring Momentum Building: March saw a clear seasonal pickup, with 202 residential sales — up 9.2% year-over-year and a 33% jump from February’s 152 units. Single-family sales surged 24.4% year-over-year. As the Association of Interior REALTORS® noted, “recent sales activity is a positive sign as we head into the typically busy spring market.”

Prices Stabilizing — SF Gaining Ground: The single-family benchmark rose 2.1% year-over-year and 2.2% month-over-month to $675,400, suggesting the single-family segment has found a floor after the post-pandemic correction. However, townhouses (-1.9% YoY) and condos (-5.4% YoY) continue to soften, reflecting weaker multi-family demand.

Thompson Rivers University Demand: TRU’s approximately 28,000 students (including international students) create consistent rental demand in central and south Kamloops. Income properties near TRU (3–4 bedroom homes or suites) have historically maintained above-average occupancy rates, supporting investor interest.

Diversified Economy: Unlike resource-dependent BC Interior communities that experience cyclical boom-bust patterns, Kamloops benefits from a large public sector base (healthcare, education, government) that provides income and employment stability regardless of commodity cycles.

Highway and Rail Hub: Kamloops sits at the intersection of Highway 1 and the Coquihalla Highway (Highway 5), and is a major CN Rail hub. This logistics centrality supports industrial and commercial employment and makes Kamloops a distribution hub for the BC Interior.

Inventory Elevated But Contained: Active listings grew just 4% year-over-year to 1,186 — the highest increase among Association of Interior REALTORS® sub-regions but still moderate compared to Fraser Valley or Metro Vancouver. Days on market for single-family homes fell to 50, down from 58 in March 2025, signalling improving absorption.


Notable Neighbourhoods in Kamloops

South Kamloops (Downtown): The city’s urban core, straddling the Thompson River confluence. Heritage homes, riverfront views, walkable amenities, and proximity to Royal Inland Hospital. Detached $700k–$1.0M.

Sahali: Central hillside neighbourhood with excellent city and river views. Mix of established post-war and newer character homes. One of Kamloops’ most desirable addresses. Detached $750k–$1.1M.

Aberdeen: Master-planned community on the north Kamloops bench. Newer homes, excellent schools (Sa-Hali Secondary), Aberdeen Mall nearby. Detached $700k–$1.0M; townhouses $500k–$650k.

Westsyde: North Kamloops along the North Thompson River. More affordable with rural character, hobby farms, and acreage options. Detached from $550k; acreage $700k–$1.4M.

Brock / Brendan Park: Established west Kamloops neighbourhood. Mix of family homes and some multi-family. Close to TRU via Southwest Hills. Detached $600k–$850k.

TRU / Thompson Rivers University Area: Student-oriented neighbourhood with high rental demand. Properties close to TRU campus attract student renters. Detached $600k–$800k; condos $280k–$400k.

Valleyview: East Kamloops near the airport. Mix of residential and industrial. More affordable; growing community. Detached $560k–$780k.


Getting to Other BC Cities from Kamloops

DestinationDrive TimeNotes
Vancouver3.5–4 hrs via Highway 1 or CoquihallaBC’s most important corridor
Kelowna1.5–2 hrs via Highway 97C (Okanagan Connector)Popular day-trip and relocation route
Prince George3.5–4 hrs via Highway 5 (Yellowhead)Northern BC hub
Revelstoke~2.5 hrs via Highway 1 EastMountain tourism gateway

Kamloops is a practical distance from Metro Vancouver for weekend trips but is not a daily-commute city. Residents are self-sufficient within Kamloops’ local economy.


BC Property Transfer Tax — Kamloops

BC PTT on a $675,400 home (SF benchmark):

PortionRateTax
First $200,0001.0%$2,000
$200,001–$675,4002.0%$9,508
Total≈ $11,508

First-time buyers may qualify for the BC First Time Home Buyers’ Exemption (full exemption on homes under $500,000; partial exemption from $500,000 to $525,000). At the SF benchmark of $675,400, the exemption does not apply; however, buyers of townhouses under $500,000 or condos ($360,100 benchmark) will benefit. Kamloops’ lower price points relative to Metro Vancouver mean more buyers fall within the exemption threshold.



Data Sources

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