Lumby, British Columbia
As of September 27, 2026, the median asking price in Lumby is $674,900, across 25 active MLS® listings.
Those listings have been on the market an average of 128 days.
4 new listings came to market in Lumby in the last 30 days.
Asking prices work out to about $341 per square foot, based on the 25 listings that report floor area.
Detached homes in Lumby are listed at an average of $743,410 across 19 active listings.
The Lumby neighbourhood in the District of Lumby is a small-town, family-oriented community at the east end of the North Okanagan, functioning as a quieter alternative to nearby Vernon while still within commuting distance for work, shopping, and services. The area is characterized by low-rise, low-density housing—primarily single-family homes on larger lots, some townhomes, and limited purpose-built rental supply—appealing to families, trades and resource-sector workers, retirees, and lifestyle buyers drawn to outdoor recreation and a slower pace of life.
Amenities cluster along the village core (local shops, services, parks, community facilities), with broader retail, health services, and employment access typically sourced from Vernon. Schools in and around Lumby (including local elementary options and secondary schooling in the community/area) support stable family demand, while regional bus connections and car-dependent travel patterns shape mobility—most residents rely on Highway 6/nearby arterial routes for commuting. Real estate trends tend to be more volatile than larger centres: prices benefited from the Okanagan’s pandemic-era surge, then cooled with higher rates, with recent movement supported by constrained listings and continued interest from buyers priced out of bigger markets; rental demand is steady but the tenant pool is smaller and liquidity can be slower than in Vernon or Kelowna.
Lumby’s current for-sale market is modest in size with 25 active listings, showing a range from smaller in-town homes to larger properties on the city’s edges; the median asking price is $674,900 and the average is $341 per square foot. With listings averaging 128 days on market and only 4 new listings in the past 30 days, conditions suggest measured demand and more time for due diligence and negotiation, especially on homes that have been listed longer. Buyers and investors should expect pricing and value to vary by location and lot type across the city, with newer or more updated options typically carrying a premium versus older housing closer to the core.
AI-written commentary on the active MLS® listing snapshot as of September 27, 2026. Not financial advice.
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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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