Vernon Real Estate

Listings last updated 07/24/2021
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Real estate roundup: Vernon, BC housing market overview

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Vernon is a Canadian city in the province of British Columbia.

It is found Northeast of Vancouver and covers an area of 95.76 square kilometers.

The city has a population of over 40,000 people and in 2015 it experienced a growth rate of 3.4%.

The city is immersed in nature with mountains, grasslands and three surrounding lakes for residents and visitors to enjoy.

Vernon hosts great opportunities for businesses.

It is easily accessible by railway and roadand the Kelowna International Airport is also close by.

The city encourages the growth of its local economy and it won the B.C.

Small Business Roundtable’s 2014 Open for Business Award because of this.


Vernon, British Columbia

Vernon, British Columbia
  • Country: Canada

  • Province: British Columbia

  • Population: 38,150

  • Area:

    City: 95.76 km2

    Metro: 1,040.82 km2



The largest industry in the city is agriculture, which includes cattle ranching, greenhouse farming, and poultry and egg production. Over 23,000 hectares are dedicated to farms in the area. Tourism is another large industry for Vernon with the city being the largest in the North Okanagan Regional District. This industry grew significantly from 2013 to 2014, showing how it is quickly becoming a major industry for the city. Another industry that has become larger here is the professional services sector.

This sector is thriving in Vernon due to the location of the city as well as theprogression of the companies within the sectorto outsource. 230 professional service companies are taking advantage of this in Vernon.


Entertainment and Tourism

Vernon is a great place to get outside and have some fun. The mountains provide a great opportunity for skiing and snowboarding. In the summer, mountain biking, cycling and hiking are popular activities. The city has four provincial parks to cater to residents and visitors who love to experience the diverse nature of the city.

Kekuli Bay Provincial Park provides fun for all ages with a beach and a playground for the kids. Silver Star Provincial Park is for snowshoeing and even horseback riding. It is also a great opportunity to see some interesting wildlife.

In addition to nature, Vernon provides many other attractions for residents and visitors alike. For agricultural history, O’Keefe Ranch provides tours to learn about the history of ranching in British Columbia. For art lovers, the Armstrong/Spallumcheen Museum and Art Gallery is your place to viewartworks from around the region.

Entertainment and Tourism

Main Sections of the City

Vernon is made up of many neighbourhoods that offer diverse amenities and attractions. Some notable neighbourhoods include Adventure Bay, Bella Vista, Predator Ridge, and Downtown Vernon.


Adventure Bay

Adventure Bay definitely lives up to its name. Located by Lake Okanagan it is a fast growing community in Vernon. Although it is very much surrounded by nature, Downtown Vernon is only a 10-minute drive from the community

Bella Vista

Bella Vista is another community that provides scenic views, and it is located next to Adventure Bay. The community is close to many schools and Okanagan College. There are many things to do in this community with parks, trails and shopping close by.

Predator Ridge

Predator Ridge is a unique community and it includes the Predator Ridge Golf Course. It is close to schools and the Vernon Jubilee Hospital. The community has many amenities, many places to dine, a fitness centre and a spa. It is also close to Downtown Vernon.

Downtown Vernon

Downtown Vernon is close to medical facilities and schools. There isthe excitement of shopping, dining and more throughout the area. One thing that is unique here is that there are 27 murals that decorate the buildings

Real Estate Market

Adventure Bay has condominiums.It is a rapidly growing community. The area is under development and new construction companies are chosen each year to further the development. Houses here are generally affordable but some can be at the higher end of the scale.

The homes in Bella Vista are townhouses and lakeshore estates. The lots are large and quite scenic with many surrounded by trees. Homes here range in price with some being affordable while others such as lakefront homes are more expensive.

Predator Ridge has condominiums, patio homes and townhouses. Many of the homes are located along the golf course and can be expensive depending on what you’re looking for. The homes have a modern look and some have small yards.

Downtown Vernon has condominiums, townhouses and commercial property. The homes are typically affordable in this area.Most have smaller yards and are in a great location near many amenities. The commercial properties here vary in use with industrial, retail and office space available.

Home Style Average Price
Home $570,973
Apartment Rent $1,175
Condo $298,550
Bungalow $654,064
Detached Home $810,157
2 Storey $966,250
Townhouse $438,767
Single Family Home $676,950

Data source: Regional District of North Okanagan (RDFNO) report for 2020/2021.



In Vernon, there are fourteen elementary and five secondary schools. Alternate schools and virtual learning is also an option for students in the city. These schools are included in School District 22, which serves Vernon and surrounding areas. An advantage for students in School District 22 is the partnership they share with Okanagan College.They offer the Secondary School Apprenticeship and Accelerated Credit Enrolment in Industry Training programs. High school students can receive training in many different trades, and they receive this training for free!
As for post-secondary, Vernon offers a few choices for students.Within Vernon, students can choose to attend Okanagan College. However, in close proximity to the city, the University of British Columbia Okanagan provides another option for students who choose to attend a post-secondary institution.

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