Sean Phillips, REALTOR® · Coldwell Banker Executives Realty · Vernon, BC · Text Sean: 236-599-5898
Vernon Home Values
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Updated November 3, 2026

Vernon home values and market update: October 2026

The real numbers for Vernon and the North Okanagan, with a short video, updated every month.

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The short answer: In October 2026, the median price of a home sold in Vernon and the North Okanagan was $575,000, and the median single-family home (excluding lakefront and acreage) sold for $710,000. 132 homes sold, down 13% from October 2025, and homes took a median of 54 days to sell at about 97% of the asking price.

Updated November 3, 2026 with October 2026 figures: AIR MLS® data compiled by Sean Phillips (residential sales in the North Okanagan). Next update: early December 2026. Checked November 6, 2026 against the Association of Interior REALTORS® official October release (see below).

Linking or quoting these numbers? Please credit “AIR MLS® data compiled by Sean Phillips, October 2026” and link to this page. The board’s official October figures are on a permanent page: October 2026 statistics (earlier: September 2026). Reporters: free chart and credit line.

$575,000Median sold price, October
$710,000Median single-family home*
132Homes sold in October
54 daysMedian time to sell
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The board’s official October 2026 figures: the Association of Interior REALTORS® reported 126 residential sales in the North Okanagan, down 15.4% from October 2025. The single-family benchmark price rose 1.5%, to $755,100; townhouses rose 7.4%, to $594,200; condos and apartments fell 1.6%, to $305,000. Single-family homes took 78 days to sell. Full table: October 2026 statistics.

Sean’s own count below is a separate MLS® search pulled November 3 and uses median prices, not benchmark prices, so the two sets of numbers differ slightly.

Watch: October 2026 market update

Vernon Real Estate Market Update – October 2026 Numbers
Vernon Real Estate Market Update – October 2026 Numbers · 1:55 · AI-generated presenter

October 2026 at a glance

North Okanagan, residentialOctober 2026September 2026October 2025
Homes sold132130152
New listings200218201
Median sold price$575,000$637,000$653,750
Median days on market547755
Sale price as % of asking (median)97.1%97.1%97.3%
Homes for sale now (November 3, 2026)829
Months of supply**about 6.3

Median price by home type, October 2026

Home typeMedian priceHomes soldSeptember 2026October 2025
Single-family (excluding lakefront and acreage)$710,00063$718,750 (64)$699,000 (81)
Townhouse$548,78622$421,200 (18)$495,000 (23)
Condo or apartment$304,00018$420,000 (13)$300,000 (10)

AIR MLS® data compiled by Sean Phillips from Matrix on November 3, 2026: residential sales (houses, acreages, townhouses, half duplexes, condos, plexes and manufactured homes) in the North Okanagan by sold date, all three months pulled the same day with the same search. Medians, not benchmark prices. *Single-family excludes lakefront homes and acreages. **Months of supply is worked out by Sean Phillips by dividing homes for sale now by October’s sales. These are not the Association of Interior REALTORS® official statistics. The board’s October residential count (which also excludes land) was 126, a slightly different search; see October 2026 statistics. A few late-reported October sales may still be added; this page is re-checked about a week into the month.

What it means

Frequently asked questions

What is the average home price in Vernon right now?

In October 2026 the median sold price of a home in Vernon and the North Okanagan was $575,000 across 132 residential sales. The median single-family home (excluding lakefront and acreage) sold for $710,000, townhouses for $548,786 and condos or apartments for $304,000. Source: AIR MLS® data compiled by Sean Phillips, October 2026.

Are home prices in Vernon going down?

The overall median fell in October 2026, to $575,000 from $637,000 in September and $653,750 in October 2025, but part of that is the mix of homes that sold: more condos and apartments sold in October. The single-family median (excluding lakefront and acreage) was $710,000, close to September’s $718,750 and above October 2025’s $699,000. Source: AIR MLS® data compiled by Sean Phillips.

Is Vernon a buyer's or seller's market right now?

It leans toward buyers. With 829 homes for sale on November 3, 2026 and 132 sales in October, there are about 6.3 months of supply. Well-priced homes still sell close to asking, at about 97% of the asking price, in a median of 54 days. Source: AIR MLS® data compiled by Sean Phillips.

How long does it take to sell a house in Vernon?

In October 2026, homes in Vernon and the North Okanagan took a median of 54 days to sell, down from 77 days in September 2026 and close to the 55 days of October 2025. Days to sell varies a lot by neighbourhood and price; see the neighbourhood table on this page for Vernon areas.

Neighbourhood market updates: September 2026

Each neighbourhood page has its own September 2026 update: home values by type, days to sell, homes for sale now and what it means, with a short video. Figures are for the 12 months to September 28, 2026, excluding manufactured homes.

Vernon neighbourhoods, last 12 months

NeighbourhoodMedian sold priceSold (12 mo)Median days on marketSold vs. askingFor sale now
Middleton Mountain (Coldstream)$1,295,000147896.7%21
Adventure Bay$1,200,000194797.3%20
Predator Ridge$1,105,0004710496.6%60
Lavington$1,053,500612498.3%10
North BX$1,050,000475996.4%35
Foothills$994,450404798.2%25
Coldstream$955,0001015597.4%52
South BX$857,45072998.3%4
Bella Vista$815,000755997.8%22
Middleton Mountain (Vernon)$797,500444198.1%19
East Hill$662,8001274797.5%44
Okanagan Landing$642,950885497.8%64
Mission Hill$635,000473697.7%11
Swan Lake West$633,750326996.3%16
Westmount$588,000234297.2%10
Harwood$555,000673897.8%28
South Vernon$530,000273297.7%7
Okanagan North$428,500446796.9%30
City of Vernon (central)$379,9501324897.2%66
All Vernon-area neighbourhoods above$685,0009865197.4%544

Houses, townhomes, half duplexes, plexes and condos; manufactured homes excluded. AIR MLS® data compiled by Sean Phillips: sales for the 12 months November 1, 2025 to October 31, 2026; homes for sale as of November 3, 2026. Not the Association’s official statistics; deemed reliable but not guaranteed.

For more detail on your part of town, see home values by neighbourhood. For your specific home, ask for a free evaluation.

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Source: AIR MLS® data compiled by Sean Phillips for October 2026 (pulled from Matrix on November 3, 2026), for the monthly figures and the neighbourhood table. These are Sean’s own compiled figures, not the Association of Interior REALTORS® official statistics; its North Okanagan release is a slightly different search, so its totals differ a little; see October 2026 statistics. Figures are general information, not an appraisal of any home. Sean Phillips, REALTOR®, Coldwell Banker Executives Realty. Each office is independently owned and operated. Not intended to solicit buyers or sellers currently under contract.

Updated November 7, 2026 to include late-reported sales.

Common questions

Answered by Sean Phillips, REALTOR®, Coldwell Banker Executives Realty. Updated November 2026.

Are property prices dropping in Vernon, BC?

The overall median dipped in October 2026, but single-family prices held steady.

The median sold price in Vernon and the North Okanagan was $575,000 in October 2026, down from $637,000 in September and $653,750 in October 2025. Part of that is the mix: more condos and apartments sold in October. The median single-family home (excluding lakefront and acreage) sold for $710,000, close to September’s $718,750 and above October 2025’s $699,000. Source: AIR MLS® data compiled by Sean Phillips. A single home’s value can differ, so ask Sean for numbers on your street.

Should I sell now or wait until 2027?

Your own timeline matters more than the calendar: in October 2026, Vernon and the North Okanagan leaned toward buyers, with about 6.3 months of supply.

Well-priced homes are still selling, in a median of 54 days at about 97% of the asking price, faster than in September. No one can promise where prices will be in 2027, so weigh your plans, your next home and your carrying costs. Sean can pull current Vernon numbers for your property type: call or text 236-599-5898.