Salmon Arm Real Estate

  • 186 homes for sale in Salmon Arm, BC.

  • $600,005 Avg List

Refine your Salmon Arm real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Salmon Arm.

Showing results 1 — 24 of 186
  1. Canada
  2. British Columbia
  3. Salmon Arm Real Estate

Home Prices in Salmon Arm

The asking price of homes for sale in Salmon Arm has decreased -18.52% since November last year, while the number of homes for sale has decreased -9.76%. See more Salmon Arm Home Prices & Values.

House
Median Asking Price
$609K
65 Houses
Townhouse
Median Asking Price
$492K
20 Townhouses
Condo
Median Asking Price
$274K
18 Condos

Find Real Estate & MLS® Listings in Salmon Arm

Zolo has the most thorough, up-to-date set of Salmon Arm real estate listings. At the moment, Salmon Arm has 185 homes for sale, including 65 houses, 18 condos, and 19 townhouses on the market.

With Zolo you'll be able to find the hottest Salmon Arm neighbourhoods, the top schools in the city, and evaluate nearby amenities. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

MLS® Listing data for Salmon Arm is added every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Salmon Arm real estate agents to get started on landing your dream home today.

Salmon Arm City Guide

17K
Population
9.1%
Population Growth
8%
Unemployment

Located in British Columbia, the city of Salmon Arm has a population of 17,464. The 9.1% population growth for this city is average when compared to other Canadian cities.

There are 11.13% of immigrants in in Salmon Arm, 0.8% of which are recent immigrants to Canada. Other than English, the most common language spoken is German, with 3% of residents reporting it as their mother tongue. The largest cultural community within Salmon Arm is English at 37%, followed by Scottish at 27% and Canadian at 25%.

Salmon Arm offers good employment opportunities with an unemployment rate that sits near 8%, which is average when compared to other cities. Approximately 50% of residents hold a university degree. Residents can expect good quality of life in Salmon Arm based upon an average median family income of $49,334.

According to Statistics Canada 90% of Salmon Arm residents drive. About 12% of residents that are already established within the city will move within a year, while 40% will move within five years.

Salmon Arm's population is average when it comes to homeownership, with 76% owning a home and 24% renting. The median monthly mortgage cost is estimated to be about $653, which is average when compared to renters in other Canadian cities.

In the Canadian real estate context, Salmon Arm is a good place to to buy a home.

Demographics

Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of Salmon Arm’s demographics, including median age, schools and income, using census information from Statistics Canada.

24%
Rent
76%
Own
$765
Monthly Rent (Median)
$653
Monthly Mortgage (Median)
4,945
Total Families
$49,334
Family Income (Median)
48
Age (Median)
50%
College Educated

Schools

For those interested in buying Canadian real estate in order to raise a family, take heart: Salmon Arm is home to top-rated elementary and secondary schools. To help you narrow down your Salmon Arm housing market search, here’s the top five schools in each category. (Learn more in our school guide.)

Elementary Schools

7.8 King's Christian
5.8 Bastion
4.9 Hillcrest
4.4 South Broadview
n/a Ranchero

Secondary Schools

6.4 King's Christian
6.0 Salmon Arm

Commuters

According to Statistics Canada, residents in Salmon Arm use a variety of ways to get around.

90%
Drive
1%
Transit
1%
Bike
8%
Walk

FAQs About Salmon Arm Real Estate

According to current Salmon Arm MLS© statistics, the average home listing price in Salmon Arm, BC is $596,000.

Based on current Salmon Arm MLS© data, the average detached house in Salmon Arm, BC has a listing price of $831,000. In Salmon Arm, detached houses are on the market for 0 days on average.

According to current Salmon Arm MLS© data, the average condo in Salmon Arm, BC has a listing price of $344,000. In Salmon Arm, the average price for a 2-bedroom condo is $349,000 and the average price for a 1-bedroom condo is $0.

The average townhouse in Salmon Arm has an average listing price of $572,000, which represents a 37.4% change in price from last year. There are currently 20 townhouses for sale in Salmon Arm, BC.

According to Statistics Canada Census data, the median total household income in Salmon Arm is $49,334 per year, which is below the national median income of $67,000 per year.

In Salmon Arm, BC, fewer people rent their homes than own at 24.2% rent versus 75.8% own. The median monthly rent price is $300 per month versus the median monthly mortgage of $2,200 per month.

salmon-arm
The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association nor Zolo.