Updated October 16, 2026
South Vernon covers the residential streets on the south side of the city, with modest single-family homes and townhomes and easy access to Highway 97 and south-end shopping.
South Vernon market update: September 2026
The short answer: In the 12 months to September 30, 2026, 19 homes sold in South Vernon at a median price of $575,000, up about 5% from $549,900 the year before. Homes took a median of 35 days to sell at about 97.8% of the final asking price, and 11 are for sale now (about 6.9 months of supply, a buyer-leaning market).
Watch: South Vernon market update, September 2026
Watch page and chapters: South Vernon Real Estate Market Update – September 2026 Numbers →
South Vernon home values by type, 12 months to September 30, 2026
| Type | Median sold price | Sold (12 mo) | Median days on market | Sold vs. asking | For sale now |
|---|---|---|---|---|---|
| Houses | $610,000 | 13 | 28 | 98.3% | 3 |
| Townhomes and half duplexes | $485,000 | 4 | 59 | 97.7% | 8 |
| Condos and apartments | too few sales | 2 | – | – | 0 |
| Manufactured homes (counted separately) | no sales | 0 | – | – | 1 |
September 2026 and right now
- September 2026: 3 homes sold in South Vernon (excluding manufactured homes): 1 house, 1 townhome or half duplex, 1 condo.
- For sale now: 11 homes (excluding manufactured homes), with a median asking price of $500,000. 4 have had a price reduction.
- Months of supply: about 6.9, which points to a buyer-leaning market.
- A year earlier: 23 homes sold at a median of $549,900 in the 12 months to September 30, 2025.
What it means
- Well-priced South Vernon homes still sell in about a month, close to asking.
- About 6.9 months of supply gives buyers time to compare.
- The median rose about 5% from the year before.
- Sellers: overpriced homes sit, so price it right from day one.
Source: Association of Interior REALTORS® MLS® System, residential sales in the South Vernon sub-area for the 12 months October 1, 2025 to September 30, 2026, and listings for sale on October 16, 2026. Houses, townhomes, half duplexes, duplexes and condos; manufactured homes are excluded from the main figures and shown separately. Compiled by Sean Phillips, not the Association. Months of supply worked out by Sean Phillips (homes for sale ÷ average monthly sales over the past year). Medians from small numbers of sales can swing; deemed reliable but not guaranteed.
Updated October 16, 2026. Next update: mid-November 2026 with October figures. Market updates: September 2026 (this page) · Vernon & North Okanagan market update
What's your South Vernon home worth?
Medians describe the neighbourhood, not your home. Your lot, view, updates, suite and condition can put your home well above or below them. For a number you can plan around, ask for a free evaluation based on the sales closest to your home.
Homes for sale in South Vernon now
Your competition if you sell, and your options if you're buying. Live MLS® listings, newest first.
New$1,533,0005895 Okanagan AvenueSouth Vernon, VernonLot / landListed by Royal LePage Downtown Realty
$559,9005503 South Vernon CourtSouth Vernon, Vernon2 bd · 1 ba · 1,073 sq ft · Single-family homeListed by RE/MAX Vernon Salt Fowler
$399,0004100 24 Avenue Unit# 103South Vernon, Vernon3 bd · 2 ba · 1,811 sq ft · Townhome / duplexListed by Royal LePage Downtown Realty
$464,9004501B 15 AvenueSouth Vernon, Vernon3 bd · 2 ba · 1,380 sq ft · Townhome / duplexListed by Coldwell Banker Executives Realty
$500,0004200 14 Avenue Lot# 44South Vernon, Vernon3 bd · 1 ba · 717 sq ft · Single-family homeListed by 3 Percent Realty Inc.
$2,650,0001711 Kalamalka Lake RoadSouth Vernon, Vernon13,850 sq ft · CommercialListed by Venture Realty Corp.See all 11 South Vernon listings →
Live MLS® listings from CREA's DDF®, updated through the day. Each listing shows the brokerage that listed it. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA.
What's my Vernon home worth?
See a ballpark range from recent sales in your neighbourhood right away. For your exact number, add your address on the next screen and I’ll send a free evaluation, usually within one business day.
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Frequently asked questions
What is the median home price in South Vernon?
The median sale price in South Vernon was $575,000 over the 12 months October 1, 2025 to September 30, 2026, based on 19 sales on the MLS® system (houses, townhomes and condos; manufactured homes excluded). A year earlier it was $549,900.
How long does it take to sell a home in South Vernon?
Homes took a median of 35 days on the market to sell over the 12 months to September 30, 2026, and sold for about 97.8% of their final asking price.
Is South Vernon a buyer's or seller's market right now?
On October 16, 2026, 11 homes were for sale in South Vernon, about 6.9 months of supply at the past year's pace, which points to a buyer-leaning market. 4 of the homes for sale had had a price reduction.
How many homes sold in South Vernon in September 2026?
3 homes sold in South Vernon in September 2026, excluding manufactured homes. Because monthly numbers are small, the 12-month figures are a better guide.