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Penticton, BC

Updated: Aug 2016
House
Median price $459,950
Monthly growth 31.79 %
Quarterly trend
Stock on market 1.15%
Apartment
Median price $298,400
Monthly growth 10.51 %
Quarterly trend
Stock on market 0.66%

Penticton Home Price

The median asking price in Penticton is $459,950, a substantial increase over the median three months ago which was $399,900 .

The median house price listed in Penticton this month is $459,950.

If you’re looking at investment properties in Penticton, then you’re most likely to find homes with 3 bedrooms on sale this month.

British Columbia has the third most amount of properties available to property investors, with Penticton having 22th most in the province, out of a total of 359.

Will prices rise across the next year in in Penticton? There are a number of real estate indicators to consider.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Penticton have dried up which would tend to indicate that demand is higher than the supply of new properties.

Canada’s national median home listing price this month is $244,900, which means that Penticton is in the top 40% for Canada.

In Aug the median listed house price of $298,400 in Penticton was an above average compared to the rest of British Columbia.

2 bedroom properties are the most common available for real estate investors this month in neighbourhood.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Penticton has a huge choice compared to the rest of the province

Can we guarantee how well Penticton is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Penticton have dried up which would tend to indicate that demand is higher than the supply of new properties.

Find a mortgage broker in Penticton, BC
Beds Median price (House) Median price (Apartment)
1 bedroom $324,900 $176,800
2 bedrooms $319,900 $260,750
3 bedrooms $369,000 $378,800
4 bedrooms $613,900 $444,450
5 bedrooms $650,000
6 bedrooms $479,450
Demographics
  • Population in 201132877
  • Population in 200631909
  • 2006 to 2011 population change (%)3
  • Total private dwellings16457
  • Private dwellings occupied by usual residents15234
  • Population density per square kilometre780.9
  • Land area (square km)42.1

Age Characteristics

Total population by age groups 32875
0 to 4 years 1335
5 to 9 years 1240
10 to 14 years 1515
15 to 19 years 1805
15 years 360
16 years 340
17 years 395
18 years 340
19 years 365
20 to 24 years 1700
25 to 29 years 1730
30 to 34 years 1650
35 to 39 years 1615
40 to 44 years 1815
45 to 49 years 2350
50 to 54 years 2790
55 to 59 years 2510
60 to 64 years 2340
65 to 69 years 1900
70 to 74 years 1730
75 to 79 years 1780
80 to 84 years 1510
85 years and over 1575
Median age of the population 49.4
% of the population aged 15 and over 87.6

Marital Status

Total population 15 years and over by marital status 28790
Married or living with a common-law partner 15560
Married (and not separated) 12990
Living common-law 2575
Not married and not living with a common-law partner 13235
Single (never legally married) 6615
Separated 960
Divorced 2880
Widowed 2785

Family Characteristics

Total number of census families in private households 9200
Size of census family: 2 persons 5885
Size of census family: 3 persons 1675
Size of census family: 4 persons 1240
Size of census family: 5 or more persons 400
Total number of census families in private households 9200
Total couple families by family structure and number of children 7550
Married couples 6270
Without children at home 3975
With children at home 2295
1 child 985
2 children 990
3 or more children 320
Common-law couples 1285
Without children at home 875
With children at home 410
1 child 210
2 children 155
3 or more children 45
Total lone-parent families by sex of parent and number of children 1655
Female parent 1315
1 child 820
2 children 385
3 or more children 115
Male parent 340
1 child 220
2 children 95
3 or more children 25
Total children in census families in private households 7135
Under six years of age 1595
6 to 14 years 2430
15 to 17 years 1030
18 to 24 years 1370
25 years and over 710
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 31720
Number of persons not in census families 7830
Living with relatives 635
Living with non-relatives only 1655
Living alone 5540
Number of census family persons 23890
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 7760
Number of persons not in census families aged 65 years and over 3075
Living with relatives 195
Living with non-relatives only 200
Living alone 2680
Number of census family persons aged 65 years and over 4685
Total number of private households by household type 15235
Census-family households 9000
One-family-only households 8215
Couple-family households 6925
Without children 4495
With children 2425
Lone-parent-family households 1290
Other family households 785
One-family households with persons not in a census family 600
Couple-family households 350
Without children 175
With children 180
Lone-parent-family households 250
Two-or-more-family households 185
Non-census-family households 6230
One-person households 5540
Two-or-more-person households 695
Total number of occupied private dwellings by structural type of dwelling 15235
Single-detached house 6955
Apartment, building that has five or more storeys 820
Movable dwelling 515
Other dwelling 6945
Semi-detached house 590
Row house 1485
Apartment, duplex 550
Apartment, building that has fewer than five storeys 4245
Other single-attached house 75
Total number of private households by household size 15230
1 person 5540
2 persons 5850
3 persons 1845
4 persons 1375
5 persons 410
6 or more persons 210
Number of persons in private households 31720
Average number of persons in private households 2.1

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