Jewel Lake, British Columbia, Canada
As of August 12, 2026, the median asking price in Jewel Lake is $1,049,000, across 3 active MLS® listings.
Those listings have been on the market an average of 163 days.
Asking prices work out to about $447 per square foot, based on the 3 listings that report floor area.
Jewel Lake is a residential neighbourhood in the City of Vernon anchored by Jewel Lake itself and the surrounding parkland/trails. It has a quiet, outdoors-oriented feel with a mix of long-time residents, young families, and retirees, and housing stock that ranges from older post-war single-family homes and lake-adjacent properties to newer infill, townhomes, and small strata developments. Proximity to beaches, walking paths, and quick access to Highway 97 make it attractive for both full-time living and lifestyle-focused buyers.
Amenities are largely nearby along Vernon’s north-south commercial corridor (grocery, services, recreation), with schools in and around the broader Vernon area and straightforward driving access to downtown Vernon and employment nodes. Transit service is present but most trips are car-oriented. Real estate demand is supported by lifestyle migration and limited lake-area supply, while recent market conditions in the Okanagan have been more balanced than the 2020–2022 surge—typically showing moderate price growth, decent liquidity for well-located homes, and rental demand driven by workers and households priced out of ownership (with yields generally mid-range rather than high due to elevated purchase prices near water).
Jewel Lake currently has just 3 active listings, with a median asking price of $1,079,000 and an average of $453 per square foot, pointing to a tight selection at premium pricing. Homes are averaging 160 days on market, suggesting buyers have time to compare options and negotiate, while investors may find opportunities in listings that have lingered but should plan for longer holding and exit timelines.
The median asking price in Jewel Lake is $1,049,000, across 3 active MLS® listings as of August 12, 2026. The average asking price is $884,333. These are list prices on homes currently for sale, not sale prices.
There are 3 active MLS® listings in Jewel Lake as of August 12, 2026.
Homes currently listed in Jewel Lake have been on the market an average of 163 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.