Naramata, British Columbia
As of September 27, 2026, the median asking price in Naramata is $1,314,500, across 18 active MLS® listings.
Those listings have been on the market an average of 94 days.
5 new listings came to market in Naramata in the last 30 days.
Asking prices work out to about $681 per square foot, based on the 18 listings that report floor area.
Detached homes in Naramata are listed at an average of $2,287,282 across 17 active listings.
Naramata is a lakeside village and rural-residential neighbourhood on the east bench of Okanagan Lake, about 15–20 minutes south of downtown Penticton. It’s known for its small-town, wine-country character (Naramata Bench wineries), beaches and lake access (including Naramata Beach and Manitou Park), and a strong seasonal tourism economy that supports short-term and furnished mid-term rentals. Housing is a mix of older cottages and lake-view homes in the village, larger single-family properties on acreages, and newer custom builds on the bench; inventory is typically limited, with pricing influenced by views, proximity to the village core, and lake access.
Demographically, the area skews to homeowners, retirees, and higher-income households, alongside year-round locals working in hospitality, agriculture, and professional services in the broader Penticton area. Daily amenities in the village are modest (restaurants, cafes, small shops, marina/boat launch), with most major shopping and services in Penticton. Schools are served locally by Naramata Elementary (SD67) with secondary options in Penticton; transit is limited and most residents rely on cars, with cycling popular in-season. Real estate trends tend to track Okanagan resort markets: strong long-run demand driven by lifestyle buyers and constrained land, but more sensitivity to interest rates and regulatory changes affecting short-term rentals. For investors, returns are often yield-light but appreciation-leaning, with the best performance typically coming from well-located, lake-view properties that can command premium seasonal rents (subject to local rules and licensing).
Naramata’s market is currently defined by a small inventory of 18 active listings with a median asking price of $1,314,500 and an average of $681/sqft, reflecting a mix that ranges from compact village-area homes to larger lakeview acreages and vineyard-adjacent properties across the broader community. With listings averaging 94 days on market so far and only 5 new listings in the past 30 days, conditions point to a measured pace where well-positioned, appropriately priced homes can still draw interest while buyers and investors have room to be selective on features, views, and land value.
AI-written commentary on the active MLS® listing snapshot as of September 27, 2026. Not financial advice.
Walk Score 10 · Bike Score 10
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code.
Powered by CREA DDF®