As we move through 2025, Kamloops continues to attract attention from homebuyers seeking affordability, lifestyle, and investment potential. Whether you're a first-time buyer, upgrading, or relocating, understanding the local market dynamics is key to making smart decisions in this evolving real estate landscape.

🏡 Current Market Snapshot

Home Prices: As of early April 2025, the average sale price for residential properties in Kamloops is approximately $655,000, though prices vary significantly by property type and neighborhood.

Inventory & Listings: Inventory remains below pre-pandemic levels, though new listings are gradually increasing. The market is currently relatively balanced, but certain areas—particularly Aberdeen and Sahali—remain highly competitive.

Days on Market: Homes are selling in an average of 28–35 days, reflecting steady demand and selective buyer behavior.

🔍 Key Trends Shaping the Kamloops Market

Population Growth & Migration: With continued migration from larger B.C. cities like Vancouver and Kelowna, Kamloops is experiencing steady population growth, particularly among young families and retirees.

Interest Rates & Affordability: While interest rates have stabilized after the sharp increases of 2023, affordability remains a concern for many buyers. Fixed-rate mortgages are popular again, offering predictability in monthly payments.

Construction & Development: New housing developments in areas like Westsyde and Juniper are helping to ease supply pressures, but the pace of construction still lags behind demand.

Urban vs. Suburban Appeal: While traditional neighborhoods like Sahali and Valleyview remain popular, more buyers are exploring outer areas such as Barnhartvale and Dallas for larger lots and better value.

✅ Tips for Buyers in 2025

Get Pre-Approved: With inventory moving quickly in many areas, securing mortgage pre-approval gives you a competitive edge and helps set a realistic budget.

Work with a Local Agent: A Kamloops-based real estate agent brings neighborhood-specific knowledge and can alert you to listings before they hit public platforms.

Focus on Long-Term Value: Consider future resale value and development plans in the area—buying in an up-and-coming neighborhood may offer better returns.

Be Ready to Act: While the market isn’t as frantic as it was in 2021–2022, well-priced homes still sell quickly. Be prepared to view and offer within days of a listing going live.

Understand Property Types: Detached homes continue to command higher prices, while townhouses and apartments offer more accessible entry points for first-time buyers.

🧭 Final Thoughts

Buying a home in Kamloops in 2025 offers a mix of opportunity and challenge. With its growing population, active development, and natural beauty, the city remains a strong choice for both lifestyle and investment. By staying informed, working with the right professionals, and being prepared to act decisively, you can navigate the current market with confidence.

Whether you're actively searching or just starting to plan, the Kamloops market rewards buyers who are proactive, patient, and informed.

Are you ready to start the selling or buying process? Contact Parker to get started