Kamloops & District Real Estate: May 2026 Market Update
The No-Fluff Version of What's Actually Happening
Let's skip the part where I tell you the market is "dynamic" and "full of opportunity." Every real estate blog says that. Even in a full-on crash they'd call it dynamic. So here's what the numbers actually say about the Kamloops and District market in May 2026 — and what it means if you're thinking about buying or selling in this region.
The Big Picture: Kamloops Is One of the Bright Spots Right Now
Across the entire Interior of BC, the market is mostly softer than last year. Sales are down, listings are down, prices are largely flat or dipping. That's the honest regional picture.
Kamloops and District? A bit of a different story.
250 homes sold in May, which is up 7.3% from last May. Dollar volume came in at $160.1 million — up 9.6% year over year. In a region where most markets are posting red numbers, Kamloops is actually moving in the right direction.
That said, inventory did dip slightly (down 3.5%), and new listings were off 13.4% compared to last year. Fewer people are listing. That matters — we'll come back to it.
Single-Family Homes: The Market Is Moving, Prices Are Basically Flat
Here's the honest take on detached homes in Kamloops:
127 single-family sales in May, up 6.7% from a year ago. Homes are selling in about 47 days on average — which is pretty normal, and actually down slightly from last year (meaning things aren't slowing down). Inventory sits at 617 homes, which is down nearly 10% from last year.
The benchmark price for a typical Kamloops single-family home? $671,600 — basically unchanged, down just 0.4% year over year.
What that means in plain English: you're not catching a falling knife here, and you're also not chasing a rocket ship. Prices have been remarkably stable. If you've been waiting for some dramatic crash to swoop in, it hasn't shown up.
Townhouses: More Inventory, Slower Sales — The Segment Worth Watching
This is where buyers actually have some leverage right now.
Townhouse sales were down 16.2% year over year, clocking in at 31 sales. The benchmark price has slipped to $508,100 — down 3.1% from last year. And here's the kicker: inventory is up 23.1%, and homes are sitting for an average of 61 days (up 48% from last year).
That last number is the one that matters. When days-on-market jumps that much, sellers feel it. If townhouses are on your radar, May 2026 in Kamloops is about as much of a buyer's market as you're going to find in this segment. Negotiate. There's room.
Condos/Apartments: Quietly Heating Up
Bit of a flip side here. Condo sales were actually up 14.8% — 31 units sold — and the benchmark price of $378,900 is holding steady (up a hair at 0.6%). Days on market dropped 10.5%, meaning condos are moving faster than last year.
If you're an investor, a first-time buyer, or someone downsizing into Kamloops, the condo segment is arguably the most active right now. Inventory is down 6.1% — so don't expect a massive selection, but what's there is selling.
Now Let's Talk About Merritt
Merritt sits inside the Kamloops and District region for reporting purposes, so it shows up in the same data set. Here's what May looked like in Merritt specifically:
4 single-family sales at a benchmark price of $475,500 — up 0.7% from last year. Sales were down 50% from the same month last year, but let's be real: Merritt's market is small enough that four sales versus eight sales is just... a slow month. One deal can swing the percentage dramatically. Don't read too much into the volume number.
What matters more is the benchmark price. At $475,500 for a single-family home, Merritt is sitting at roughly $200,000 less than the Kamloops average. For someone who can work remotely, is tired of paying Kamloops or Lower Mainland prices, or just wants to actually afford a house with a yard — that gap is the whole story.
On the condo/apartment side, Merritt's benchmark is $286,000 — up 1.4% year over year. The townhouse benchmark is $325,200, though there were zero townhouse sales in May (again, small market — doesn't mean the demand isn't there).
The short version on Merritt: steady pricing, genuine affordability compared to every larger centre in the region, and a buyer's market feel with room to negotiate. If you've been on the fence about making the move, the numbers aren't working against you.
And Logan Lake Deserves a Mention
Logan Lake is a small community that often gets overlooked in these reports — but it shouldn't be.
5 single-family sales in May, up 150% from last year (that's not a typo — it was an extremely quiet May last year). The benchmark price sits at $469,900 — down just 0.7% year over year, which is essentially flat. There were also 2 apartment/condo sales, with a benchmark price of $182,500.
That condo benchmark is not a typo either. $182,500. In BC. In 2026.
Logan Lake is about 45 minutes from Kamloops, and it's the kind of place where people move and then wonder why they waited so long. If budget is the driving factor in your search, it belongs on your list.
The Bottom Line
The Kamloops and District market in May 2026 looks like this: sales are up, prices are stable, and the detached home market is moving at a reasonable pace. The townhouse segment is soft and negotiable. Condos are the most active segment by momentum.
Zoom out to Merritt and Logan Lake, and you're looking at meaningfully lower price points — not because anything is wrong with those communities, but because they're priced for the people who actually live and work there, not for the speculative frenzy that inflated everything else.
If you're relocating to this region and trying to figure out where your dollar goes furthest without sacrificing quality of life — that's exactly what the Moving to Merritt brand exists to help you figure out.
Reach out anytime. No pressure, no pitch — just straight answers.
778-694-6804
jared@movingtomerritt.ca
Data sourced from the Association of Interior Realtors, May 2026 Monthly Market Statistics. Benchmark prices represent a typical property in each market and exclude lakefront and acreage single-family homes.
Jared Thomas | Real Broker | Moving to Merritt
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