Penticton, British Columbia, Canada
As of August 12, 2026, the median asking price in Penticton is $635,000, across 484 active MLS® listings.
Those listings have been on the market an average of 115 days.
82 new listings came to market in Penticton in the last 30 days.
Asking prices work out to about $493 per square foot, based on the 420 listings that report floor area.
Detached homes in Penticton are listed at an average of $1,442,361 across 153 active listings.
Condos in Penticton are listed at an average of $531,514 across 105 active listings.
Townhouses in Penticton are listed at an average of $555,907 across 56 active listings.
Vacant land in Penticton are listed at an average of $955,805 across 43 active listings.
Penticton’s core neighbourhood (often referred to locally as the downtown/core area between Okanagan Lake and Skaha Lake) is a walkable, mixed-use district with older single-family homes, small apartment buildings, and a growing number of newer condos and townhomes. The area attracts a mix of retirees, service workers, young professionals, and seasonal residents, with lifestyle demand driven by the lakes, beaches, the Kettle Valley Rail Trail, wineries, and a strong summer tourism economy.
Key amenities cluster along Main Street and Lakeshore Drive, including restaurants, grocery options, the Penticton Community Centre, the South Okanagan Events Centre, and waterfront parks. Schools serving nearby pockets include Penticton Secondary and neighbourhood elementary options depending on catchment; transit is provided by BC Transit with local routes linking downtown with Skaha Lake, the hospital area, and shopping nodes, though most households still rely on cars. Real estate trends have been shaped by Okanagan in-migration, limited developable land between the lakes, and higher interest rates cooling demand; condos and entry-level homes tend to be more liquid, while short-term rental rules and seasonality can affect investor strategies. Overall, the area offers steady rental demand (especially for long-term rentals) with moderate yields and mid-cycle price growth potential.
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.
The median asking price in Penticton is $635,000, across 484 active MLS® listings as of August 12, 2026. The average asking price is $1,096,504. These are list prices on homes currently for sale, not sale prices.
There are 484 active MLS® listings in Penticton as of August 12, 2026. 82 of them came to market in the last 30 days.
Homes currently listed in Penticton have been on the market an average of 115 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 484 homes currently listed in Penticton, 32% detached houses, 22% condos, 12% townhouses, 9% vacant land.