Updated November 3, 2026
South Vernon covers the residential streets on the south side of the city, with modest single-family homes and townhomes and easy access to Highway 97 and south-end shopping.
South Vernon market update: October 2026
The short answer: In the 12 months to October 31, 2026, 27 homes sold in South Vernon at a median price of $530,000, down about 3% from $545,000 the year before. Homes took a median of 32 days to sell at about 97.7% of the final asking price, and 7 are for sale now (about 3.1 months of supply, a market leaning toward sellers).
This month's video: South Vernon market update, October 2026
South Vernon home values by type, 12 months to October 31, 2026
| Type | Median sold price | Sold (12 mo) | Median days on market | Sold vs. asking | For sale now |
|---|---|---|---|---|---|
| Houses | $607,500 | 16 | 29 | 97.7% | 3 |
| Townhomes and half duplexes | $485,000 | 8 | 51 | 97.8% | 4 |
| Condos and apartments | too few sales | 2 | – | – | 0 |
| Duplexes to fourplexes | too few sales | 1 | – | – | 0 |
| Manufactured homes (counted separately) | no sales | 0 | – | – | 1 |
October 2026 and right now
- October 2026: 8 homes sold in South Vernon (excluding manufactured homes): 3 houses, 4 townhomes or half duplexes, 1 fourplex.
- For sale now: 7 homes (excluding manufactured homes), with a median asking price of $499,900. 5 have had a price reduction.
- Months of supply: about 3.1, down from about 6.9 a month earlier, which leans toward sellers.
- A year earlier: 21 homes sold at a median of $545,000 in the 12 months to October 31, 2025.
What it means
- Choice is thin: only 7 homes for sale, so buyers should be ready to move when the right one comes up.
- House prices held up (median $607,500, up about 2% on the year before); townhomes and half duplexes eased, and two lower-priced condo sales pulled the overall median down.
- Well-priced homes still sell in about a month, close to asking.
- Sellers: 5 of the 7 homes for sale have already cut their price, so start at the right number.
Source: Association of Interior REALTORS® MLS® System, residential sales in the South Vernon sub-area for the 12 months November 1, 2025 to October 31, 2026, and listings for sale on November 3, 2026. Houses, townhomes, half duplexes, duplexes to fourplexes and condos; manufactured homes are excluded from the main figures and shown separately. Compiled by Sean Phillips, not the Association. Months of supply worked out by Sean Phillips (homes for sale ÷ average monthly sales over the past year). Medians from small numbers of sales can swing; deemed reliable but not guaranteed.
Updated November 3, 2026. Next update: early December 2026 with November figures. Market updates: October 2026 (this page) · September 2026 video · Vernon & North Okanagan market update
What's your South Vernon home worth?
Medians describe the neighbourhood, not your home. Your lot, view, updates, suite and condition can put your home well above or below them. For a number you can plan around, ask for a free evaluation based on the sales closest to your home.
Homes for sale in South Vernon now
Your competition if you sell, and your options if you're buying. Live MLS® listings, newest first.
$390,0004100 24 Avenue Unit# 117South Vernon, Vernon2 bd · 2 ba · 1,780 sq ft · Townhome / duplexListed by Royal LePage Downtown Realty
$1,533,0005895 Okanagan AvenueSouth Vernon, VernonLot / landListed by Royal LePage Downtown Realty
$544,9005503 South Vernon CourtSouth Vernon, Vernon2 bd · 1 ba · 1,073 sq ft · Single-family homeListed by RE/MAX Vernon Salt Fowler
$599,9004202 16 AvenueSouth Vernon, Vernon4 bd · 2 ba · 1,696 sq ft · Townhome / duplexListed by Royal LePage Kelowna
$249,0005484 25 Avenue Unit# 123South Vernon, Vernon2 bd · 2 ba · 1,211 sq ft · Manufactured homeListed by Coldwell Banker Executives Realty
$484,9001816 43 StreetSouth Vernon, Vernon3 bd · 2 ba · 1,297 sq ft · Townhome / duplexListed by RE/MAX Vernon Salt FowlerSee all 7 South Vernon listings →
Live MLS® listings from CREA's DDF®, updated through the day. Each listing shows the brokerage that listed it. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA.
What's my Vernon home worth?
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Frequently asked questions
What is the median home price in South Vernon?
The median sale price in South Vernon was $530,000 over the 12 months November 1, 2025 to October 31, 2026, based on 27 sales on the MLS® system (houses, townhomes, half duplexes, condos and one fourplex; manufactured homes excluded). A year earlier it was $545,000. Houses alone had a median of $607,500 (16 sales).
How long does it take to sell a home in South Vernon?
Homes took a median of 32 days on the market to sell over the 12 months to October 31, 2026, and sold for about 97.7% of their final asking price.
Is South Vernon a buyer's or seller's market right now?
On November 3, 2026, 7 homes were for sale in South Vernon, about 3.1 months of supply at the past year's pace, which leans toward sellers. 5 of the 7 homes for sale had had a price reduction.
How many homes sold in South Vernon in October 2026?
8 homes sold in South Vernon in October 2026, excluding manufactured homes: 3 houses, 4 townhomes or half duplexes and 1 fourplex. Because monthly numbers are small, the 12-month figures are a better guide.