Kelowna is a market where the citywide median can hide a very large lifestyle divide. A condo/apartment buyer and a detached-home buyer may both be searching Kelowna real estate, but the budgets in July were not remotely the same. Based on residential sale listings entering the Casakibo dataset from January 1 through July 31, 2026, the citywide median listed asking price moved from $789,000 in January to $799,700 in July. The headline number stayed within a relatively tight range, but the July home-type split shows why buyers need to read beneath the median.
Kelowna's monthly pattern was uneven rather than steadily rising. May was the highest month in the period at $824,950, while March and June were both close to $749,000. That movement may reflect differences in the homes coming to market, including larger detached properties, condo/apartment listings, townhomes, and properties with different location or view characteristics. For buyers, the best use of the monthly line is to understand that Kelowna remained a high-price market through the first seven months of 2026, even when the exact median moved around.
July's home-type split is the heart of the report. Condo/apartment listings had a median listed asking price of $432,450, while detached homes reached $1,049,950. That is a $617,500 difference in July listings, and it explains why Kelowna affordability depends so heavily on property type.
| July 2026 Home Type | Sale Listings | Median Listed Asking Price |
|---|---|---|
| Condo/apartment | 164 | $432,450 |
| Townhome/attached | 80 | $699,000 |
| Detached | 286 | $1,049,950 |
Townhome/attached listings created a middle lane at $699,000, but even that was well above the condo/apartment median. Detached homes had the largest July listing count and the highest major median, which means the city's full-home market pulled the overall number upward. A buyer reading only the citywide July median of $799,700 could overestimate the condo/apartment entry point and underestimate the detached-home budget.
The bedroom view makes the lifestyle premium even more visible. One-bedroom listings had a July median of $380,000, while three-bedroom listings were at $899,800 and four-bedroom listings reached $1,122,450. The two-to-three-bedroom step was $399,800, or about 80.0%, among July listings. That is the moment where the search often changes from compact ownership to family-sized or lifestyle-focused housing.
| July 2026 Bedroom Count | Sale Listings | Median Listed Asking Price |
|---|---|---|
| 1 bed | 45 | $380,000 |
| 2 bed | 164 | $500,000 |
| 3 bed | 133 | $899,800 |
| 4 bed | 82 | $1,122,450 |
| 5+ bed | 101 | $1,299,000 |
Within specific home types, the July numbers become easier to use. Two-bedroom condo/apartment listings had a median of $478,000, while three-bedroom townhome/attached listings were $759,900. Three-bedroom detached listings were $977,250, and four-bedroom detached listings were $1,149,000. A buyer moving from a three-bedroom townhome to a three-bedroom detached home faced a $217,350 difference, or about 28.6%, among July listings.
Kelowna's consumer takeaway is that the market is not just expensive; it is segmented. Condo/apartment listings created a real ownership entry point below the citywide median, while detached homes often sat above $1 million in July. Townhomes offered a middle path, but buyers looking for three or more bedrooms still needed to prepare for a much higher budget than compact-home shoppers. Review current Kelowna real estate listings, continue city comparisons in the Market Research Blog, or use Casakibo Home Worth for pricing context.
The Casakibo Data Labs prepare market reports using structured Canadian real estate listing data, city-level comparisons, and property-type checks. This report was prepared by the Casakibo Data Labs using residential sale listings from participating Canadian real estate boards and CREA member feeds. For data questions, market research, or partnership inquiries, contact Casakibo through the contact page.