5 Things to Be Thankful For in the Merritt Real Estate Market

As fall rolls in and the Nicola Valley lights up with golden hillsides and cool mornings, it’s the perfect time to take stock of what we’re thankful for — not just in life, but right here in the Merritt real estate market.

Despite the ups and downs of interest rates, inventory, and the broader economy, Merritt continues to offer something special: a mix of affordability, opportunity, and small-town lifestyle that you just can’t find in many parts of BC anymore.

Here are five things to be thankful for in Merritt’s housing market right now.

1️⃣ Affordability That’s Still Within Reach

While prices across BC have climbed dramatically over the past few years, Merritt has stayed surprisingly attainable. The benchmark price for a single-family home sits around $456,000 — significantly lower than Kamloops (~$660K) or Kelowna (~$900K).

For first-time buyers, investors, and young families, that means your money simply goes further here. You can own a detached home with a yard instead of stretching for a condo somewhere else.

2️⃣ Strong Rental Demand and Cash Flow Potential

With more people discovering Merritt as an affordable alternative to Kamloops and the Lower Mainland, rental demand remains high. One-bedroom suites often rent for $1,000–$1,200, two-bedrooms for $1,300–$1,800, and three-bedroom units can fetch $1,900+ depending on condition and location.

That steady demand and lower purchase price create some of the best cash-flow opportunities in the Interior.

3️⃣ A Balanced Market — Not Too Hot, Not Too Cold

After the highs of 2021 and the uncertainty of 2023, 2025 has shaped up to be a steady, balanced market. Homes are selling at fair prices, buyers have a bit more time to decide, and sellers who prepare properly are still seeing great results.

It’s the kind of healthy, sustainable market that helps families move with confidence.

4️⃣ Ongoing Growth and Investment in Merritt

From downtown revitalization projects to new commercial developments and improved recreation spaces, Merritt is quietly growing. Its position as a transportation hub between the Coast and the Interior continues to attract business and investment — and with that comes jobs, infrastructure, and housing demand.

For homeowners, that means long-term stability and appreciation potential.

5️⃣ A Lifestyle You Can Actually Enjoy

Let’s be honest — life’s better when you have time to enjoy it. In Merritt, there’s no long commute, no gridlock, and no shortage of outdoor recreation. Lakes like Harmon, Kentucky-Alleyne, Lundbom, and Bluey are all within a short drive, offering year-round adventure just outside your doorstep.

For many who’ve moved here recently, that balance of affordability, space, and lifestyle is exactly what they were looking for.

🍁 Final Thoughts

In a world where so many markets feel out of reach, Merritt continues to stand out as a place where homeownership, investment, and lifestyle still align. Whether you’re a local, an investor, or someone thinking about making the move, there’s a lot to be thankful for here in the heart of the Nicola Valley.

Thinking about buying, selling, or investing in Merritt?
I’d be happy to walk you through the latest market trends and help you find your perfect fit.

📞 Jared Thomas – Real Broker
🌐 www.movingtomerritt.ca
📧 jared@movingtomerritt.ca
Helping families buy and sell in the Nicola Valley since 2019.