March 2026 Real Estate Market Update: Merritt, Logan Lake & Kamloops District (No-Nonsense Breakdown)

by Jared Thomas

If you’re trying to figure out what’s happening in the real estate market right now—without the fluff—here’s the March 2026 story:

The Kamloops & District region is busier than last year. Merritt is holding value (prices up slightly), detached sales were a bit slower, but townhomes picked up real steam. Logan Lake stays steady, just low volume as usual.

Below is the full breakdown, Merritt-first, with Logan Lake and the regional picture for context.

Quick Market Snapshot (March 2026)

Kamloops & District Region (Big Picture)

202 sales (+9.2% year-over-year)
$122.9M in total volume (+18.7%)
1,186 active listings (+4.0%)
486 new listings (+2.1%)

Kamloops & District – Marc…

Translation: More movement, more money changing hands, and a touch more inventory. No chaos—just activity.

Merritt Market Update (March 2026)

Detached Homes in Merritt (Single-Family)

5 sales (-16.7% year-over-year)
Benchmark price: $473,300 (+2.2%)

Kamloops & District – Marc…

What this means:
Detached sales were down a bit compared to last March, but pricing didn’t flinch. That’s a sign of a market that’s steady, not sliding.

Townhomes in Merritt

4 sales (+300% year-over-year)
Benchmark price: $321,400 (+0.1%)

Kamloops & District – Marc…

What this means:
Townhomes were the surprise of the month. This usually points to first-time buyers and budget-conscious buyers being active again.

Condos/Apartments in Merritt

1 sale
Benchmark price: $276,500 (-2.0%)

Kamloops & District – Marc…

What this means:
One sale doesn’t make a trend, but condo pricing is basically flat. No major swings.

Logan Lake Market Update (March 2026)

Logan Lake is always a small sample size market. A couple of sales can make the percentages look dramatic, so focus on the benchmark pricing trend.

2 detached sales (-50% year-over-year)
Benchmark price: $474,900 (+3.8%)

Kamloops & District – Marc…
1 townhouse sale
Apartment benchmark: $174,200 (-0.2%)

Kamloops & District – Marc…

Plain English:
Less volume, prices holding, typical Logan Lake rhythm.

Merritt vs Kamloops: The “Why Merritt?” Answer

If you’re wondering why people keep looking at Merritt (and why Merritt holds up), look at the price gap:

Merritt detached benchmark: $473,300
Kamloops & District detached benchmark: $675,400

That’s roughly a $200,000 difference.

Translation: Merritt is still the affordability play in this region. Buyers who want a detached home without Kamloops pricing continue to pay attention here.

Region-Wide Trends (Kamloops & District by Property Type)

Single-Family (Region)

97 sales (+24.4%)
Benchmark price: $675,400 (+2.1%)
Days to sell: 50 (faster than last year)
Inventory: 517 (slightly lower)

Townhomes (Region)

44 sales (+51.7%)
Benchmark price: $498,100 (-1.9%)
Inventory: 146 (+18.7%)

Condos/Apartments (Region)

18 sales (-35.7%)
Benchmark price: $360,100 (-5.4%)
Inventory: 187 (+10.7%)

Takeaway: Detached and townhomes are doing the heavy lifting. Condos are quieter and have more inventory.

What This Means for Buyers and Sellers in Merritt (The Practical Part)

If You’re Buying in Merritt

Prices are steady—don’t expect a dramatic “market drop.”
Townhome activity suggests buyers are stepping back in, especially at entry price points.
Merritt still offers major value compared to Kamloops—this keeps demand alive.