Summerland Real Estate

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

213 homes for sale in Summerland, BC.

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  3. Summerland Real Estate

Home Prices in Summerland

The asking price of homes for sale in Summerland has decreased 13.25% since June last year, while the number of homes for sale has decreased 23.74%. See more Summerland Home Prices & Values.

House
Median Asking Price
$1.1M
95 Houses
Townhouse
Median Asking Price
$639K
31 Townhouses
Condo
Median Asking Price
$335K
22 Condos

Find Real Estate & MLS® Listings in Summerland

Zolo has the most thorough, up-to-date set of Summerland real estate listings. Currently, Summerland has 94 homes for sale, including 95 houses, 22 condos, and 31 townhouses listed for sale.

With Zolo you'll be able to find the hottest Summerland neighbourhoods, the highest-rated 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 Summerland is added every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Summerland real estate agents to get started on landing your dream home today.

Summerland City Guide

11K
Population
4.2%
Population Growth
9%
Unemployment

Located in British Columbia, the city of Summerland has a population of 11,280. The 4.2% population growth for this city is - when compared to other Canadian cities.

There are 11.67% of immigrants in in Summerland, 1.32% of which are recent immigrants to Canada. Other than English, the most common language spoken is Panjabi (Punjabi), with 1% of residents reporting it as their mother tongue. The largest cultural community within Summerland is English at 37%, followed by Scottish at 28% and Canadian at 21%.

Summerland offers good employment opportunities with an unemployment rate that sits near 9%, which is - when compared to other cities. Approximately 57% of residents hold a university degree. Residents can expect good quality of life in Summerland based upon a - median family income of $56,380.

According to Statistics Canada 90% of Summerland residents drive. About 10% of residents that are already established within the city will move within a year, while 30% will move within five years.

Summerland's population is average when it comes to homeownership, with 84% owning a home and 16% renting. The median monthly mortgage cost is estimated to be about $541, which is - when compared to renters in other Canadian cities.

In the Canadian real estate context, Summerland is a good place to set down roots.

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 Summerland’s demographics, including median age, schools and income, using census information from Statistics Canada.

16%
Rent
84%
Own
$907
Monthly Rent (Median)
$541
Monthly Mortgage (Median)
3,295
Total Families
$56,380
Family Income (Median)
52
Age (Median)
57%
College Educated

Schools

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

Elementary Schools

5.2 Giant's Head

Secondary Schools

5.8 Summerland

Commuters

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

90%
Drive
0%
Transit
2%
Bike
9%
Walk

FAQs About Summerland Real Estate

According to current Summerland MLS© statistics, the average home listing price in Summerland, BC is $1,209,000.

Based on current Summerland MLS© data, the average detached house in Summerland, BC has a listing price of $1,321,000. In Summerland, detached houses are on the market for 0 days on average.

According to current Summerland MLS© data, the average condo in Summerland, BC has a listing price of $416,000. In Summerland, the average price for a 2-bedroom condo is $466,000 and the average price for a 1-bedroom condo is $217,000.

The average townhouse in Summerland has an average listing price of $797,000, which represents a 9.2% change in price from last year. There are currently 31 townhouses for sale in Summerland, BC.

According to Statistics Canada Census data, the median total household income in Summerland is $56,380 per year, which is below the national median income of $67,000 per year.

In Summerland, BC, fewer people rent their homes than own at 16.4% rent versus 83.6% own. The median monthly rent price is $800 per month versus the median monthly mortgage of $4,400 per month.

summerland
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. The information provided on this page, including the Affordability, Afford Score™, and Affordability Coach, are provided for informational purposes only and should not be used or construed as financial or investment advice by any individual. No representations or warranties, express or implied, are made by Zolo or its affiliates as to the accuracy or completeness of the information on this page.