Photo: Jack Borno · CC BY-SA 3.0Homes in Naramata are worth 25% more than the median of British Columbia’s towns
The census median was $900,000 in 2021, against $720,000 for British Columbia’s towns. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates. In 2023, 95 homes changed hands at a median price of $653,000, by Statistics Canada’s count.
What Naramata’s homes are worth, three ways
Each source sits beside its own median for British Columbia’s towns; none compares across provinces, which value homes in their own ways.
median, owners’ estimate
- Average
- $1.02M
- Owners
- 725
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $970K
- ÷ buyers’ income
- 3.7×
- Buyers
- 95
- British Columbia’s towns
- $682K
all residential
- British Columbia’s towns
- $671K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Houses in Naramata carry assessments 40% over the middle of British Columbia’s towns
Of Naramata’s 1,045 residential properties on the 2024 roll, 89% are detached houses.
Median assessment by type, 2024 the tick is the median of British Columbia’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of British Columbia’s towns with their own figure; assessments compare within a province only.
Single-detached houses are 93% of Naramata’s homes, against 62% for British Columbia’s towns
Naramata had 890 occupied homes at the 2021 census. At least half predate 2001.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Naramata | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 7% | 10% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | under 1% | 4% | 3% |
| Households in core housing need | 7% | 10% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Naramata is 25% above the $720,000 median of British Columbia’s towns
The census values of British Columbia’s towns, 254 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Naramata: Electoral Area F, Okanagan-Similkameen, Summerland and Penticton
The places around Naramata at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Naramata | $900K | $1.02M | 85% | |
| Electoral Area F, Okanagan-Similkameen | $850K | $962K | 94% | 6.7 |
| Summerland | $650K | $714K | 82% | 7.5 |
| Penticton | $524K | $569K | 63% | 12.4 |
| Penticton 1 | – | – | 89% | 14.4 |
Census 2021 values; km.
Questions about property prices in Naramata
How many households in Naramata are in core housing need?
7% of Naramata’s households, under the 10% of British Columbia’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Is Naramata expensive for British Columbia?
Above the norm for British Columbia’s towns, whose median home is worth $720,000; Naramata’s is worth more.
What is the average house price in Naramata?
Homes sold for an average $970,000 in 2023; the median buyer paid 3.7 times their household income.
Can I see individual sales or prices by street?
Only in total: Statistics Canada releases each town’s median and average sale and its number of buyers, never a single sale.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).