Penticton, British Columbia, Canada
As of September 7, 2026, the median asking price in Penticton is $652,500, across 447 active MLS® listings.
Those listings have been on the market an average of 128 days.
61 new listings came to market in Penticton in the last 30 days.
Asking prices work out to about $499 per square foot, based on the 391 listings that report floor area.
Detached homes in Penticton are listed at an average of $1,471,110 across 151 active listings.
Condos in Penticton are listed at an average of $534,055 across 92 active listings.
Townhouses in Penticton are listed at an average of $560,962 across 53 active listings.
Vacant land in Penticton are listed at an average of $1,028,313 across 37 active listings.
The Penticton neighbourhood encompasses the city’s central urban area between Okanagan Lake and Skaha Lake, including downtown, the waterfront, and nearby established residential blocks. It has a mixed demographic profile: retirees drawn to the climate and walkability, working households tied to health care, education, tourism and service sectors, and seasonal residents. The area’s character blends older single-family streets with newer low-rise and mid-rise condos and purpose-built rentals, giving a broad range of entry prices and tenant demand compared with more purely suburban pockets.
Key amenities include Downtown Penticton shopping and services, Okanagan Lake Beach, the South Okanagan Events Centre, the river channel, restaurants/breweries, and frequent recreation access. Schools in and near the central area include Penticton Secondary, Princess Margaret Secondary, and several elementary options (catchments vary by exact address). Transit is served by BC Transit’s Penticton local routes with the best coverage in the central core, and Highway 97 provides regional connectivity to Kelowna and the Osoyoos border corridor. Real estate trends here are typically driven by lifestyle migration, constrained developable land between the lakes, and a growing share of condos/townhomes; however, short-term fluctuations can occur with interest rates and the seasonal economy, so long-term demand is stronger than year-to-year volatility suggests.
Penticton’s market is offering buyers plenty of choice with 522 active listings and 85 new listings added in the past 30 days, helping keep conditions relatively competitive. The median asking price is $649,000 with an average of $486/sqft, and homes are taking about 112 days on market, suggesting buyers and investors have time to compare options and negotiate, while well-priced, well-located properties should still attract attention.
Walk Score 38 · Bike Score 24
The median asking price in Penticton is $652,500, across 447 active MLS® listings as of September 7, 2026. The average asking price is $1,136,194. These are list prices on homes currently for sale, not sale prices.
There are 447 active MLS® listings in Penticton as of September 7, 2026. 61 of them came to market in the last 30 days.
Homes currently listed in Penticton have been on the market an average of 128 days as of September 7, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 447 homes currently listed in Penticton, 34% detached houses, 21% condos, 12% townhouses, 8% vacant land.
Penticton has a Walk Score of 38 out of 100, which Walk Score classifies as Car-Dependent — most errands require a car. Bike Score is 24.
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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