Cherryville, British Columbia, Canada
As of August 12, 2026, the median asking price in Cherryville is $471,500, across 4 active MLS® listings.
Those listings have been on the market an average of 192 days.
Asking prices work out to about $529 per square foot, based on the 3 listings that report floor area.
Cherryville is a small rural community in the North Okanagan (within the Regional District of North Okanagan) east of Lumby and Vernon, characterized by larger lots, hobby farms, forested acreages, and a quiet, semi-remote lifestyle. The demographic mix skews toward families and long-term residents seeking space and affordability versus Vernon/Kelowna, alongside retirees drawn to the slower pace. Day-to-day amenities are limited in-neighbourhood (general services and small local businesses), with most shopping, healthcare, and employment accessed in Lumby and Vernon. Outdoor recreation is a major draw: access to trails, backcountry lakes, hunting/fishing areas, and proximity to the Monashee Mountains supports a lifestyle-driven housing market.
Schools serving the area are primarily in/around Lumby and Vernon within School District 22 (Vernon), meaning many households rely on school bus service and private vehicles. Public transit is minimal; commuting is car-dependent, and winter conditions can affect travel times. The real estate stock is dominated by detached houses on larger parcels, manufactured homes on land, and some rural estate properties, with relatively limited rental inventory. Market trends tend to track broader Okanagan dynamics but with more sensitivity to interest rates and buyer demand for rural acreages: price growth can be strong in expansion years yet more variable than urban cores, while rental yields are typically moderate due to higher carrying costs and limited tenant depth compared with Vernon/Kelowna.
Cherryville is currently a very tight market with just 4 active listings, and pricing sits around a $471,500 median asking price with an average of $529 per square foot. Homes are taking time to move—averaging 173 days on market—suggesting buyers and investors may have room to negotiate on terms and price even as limited inventory supports overall values.
The median asking price in Cherryville is $471,500, across 4 active MLS® listings as of August 12, 2026. The average asking price is $732,000. These are list prices on homes currently for sale, not sale prices.
There are 4 active MLS® listings in Cherryville as of August 12, 2026.
Homes currently listed in Cherryville have been on the market an average of 192 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.