Thompson Okanagan Houses For Sale & MLS Real Estate Listings

Welcome to Thompson Okanagan! Below you will find the newest homes for sale and real estate in Thompson Okanagan, BC. If you would like more information on any of these Thompson Okanagan real estate listings, simply click on the property, register for a free account, and you’ll have access to the full details. From there you can click Schedule a Tour to request more information from our Loyal Homes Client Care Coordinators or schedule a viewing. Our Client Care Coordinators will be happy to provide you with property disclosure statements, past sales history, comparable properties which have recently sold nearby, and more, so please don’t hesitate to ask for help!

Thompson Okanagan Real Estate Listings May 21, 2022
4415
Listed
32
Avg. DOM
$528.81
Avg. $ / Sq.Ft.
$824,900
Med. List Price
4415 Properties
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About Thompson Okanagan

The Thompson Okanagan region of British Columbia is located in the southern interior portion of the province. It includes the major interior cities of Kelowna, Kamloops, Merrit, and Vernon, as well as many smaller cities and communities. The Thompson Okanagan region has a wide array of different styles of landscape and numerous distinct biogeoclimatic regions. 

The Thompson Okanagan is home to numerous mountain ranges, interesting grassland ecosystems, and some of the country’s hottest, sunniest, and driest areas. It is also peppered with beautiful lakes and numerous rivers, making it a popular destination for tourists and adventure lovers, particularly in the hot summer months. 

The Southern Okanagan area is home to extensive orchards and vineyards, known for being the province's top wine and fruit-producing region. The major cities in the Thompson Okanagan area are known for their top-notch recreational facilities; sports tournaments for youth in these communities are widely embraced. There are plenty of high-end golfing opportunities to be had in the summer months, and in the winter, people come from far and wide to hit the slopes.

Thompson Okanagan has thriving tourism, forestry, and agricultural industries. The region is a vacation destination for residents of other parts of British Columbia. Natural beauty is in abundance, from the rolling Thompson River to the scenic waters of the area’s lakes to the foothills of the majestic Columbia Mountains. For this reason, the region is particularly popular with real estate investors looking for vacation homes or income-producing rental properties. 

The Thompson Okanagan region may have the best weather in the province, and many people choose it as a place to retire. Of course, it also draws plenty of sports enthusiasts and lovers of the great outdoors. Those seeking a new place to call home and real estate investors alike are sure to find exciting options among the region’s diverse communities. There’s truly something for everyone in the Southern Okanagan. 

Thompson Okanagan Weather

The Thompson Okanagan region is a large area, around the same size as the entire country of Ireland. The North Thompson area is mainly mountainous, containing the Rocky Mountains’ highest peak, Mount Robson. The South Thompson area, near the city of Kamloops, is among the mildest and sunniest regions in Canada.

The Gold Country area—home to the city of Merritt—has semi-arid desert areas, leading to a frontier atmosphere in this region. The Okanagan Valley is the leading wine and fruit-producing area in the Thompson Okanagan region. It has the warmest weather anywhere in Canada. With over two thousand hours of sunshine annually and comfortable temperatures year-round, it may have the most desirable weather conditions anywhere in the region. Meanwhile, the Boundary Country area—located along the Kettle River Valley at the border of Canada and the United States—is similar to the Okanagan Valley but slightly colder during the winter and marginally hotter during summers. 

The city of Kelowna is seen as being something of a transition point in the region between the wetter northern area and the dryer southern area. The dryer area south of Kelowna is known for having the only desert area in Canada. 

Thompson Okanagan Real Estate

The Thompson Okanagan region is a large geographical area with around 600,000 residents. Over the past few years, it has been growing more quickly than any other part of the province. New developments are being built to accommodate the demand, leading to attractive real estate investment opportunities in a dynamic market. 

Kelowna is the main population center in the province—behind only Victoria and Vancouver—and offers the most diversity of choice regarding real estate investment opportunities. In Downtown Kelowna, you’ll find newly built condos and highrise units that make excellent vacation properties or homes for young professionals, retirees, and those looking to downsize. Meanwhile, slightly outside of the city's core area, you’ll find spacious family homes and luxurious estates on large lots. Located near extensive wineries, properties in the rural areas outside Kelowna offer a Napa Valley-style experience in British Columbia. Of the Thompson Okanagan region communities, properties in Kelowna have among the highest average property values. 

Another one of the most prized communities is Lake Country, a district municipality with around 15,000 residents. The real estate investment opportunities come primarily in the form of beautiful properties along the shores of the Okanagan, Wood, and Kalamalka Lakes, which offer great potential as vacation homes or primary residences for those looking for a beautiful waterfront home. 

The most affluent community in the whole Thompson Okanagan region is Sun Peaks, the largest ski resort in the province's interior. The many craftsman homes in Sun Peaks offer luxurious mountain living amidst beautiful recreational facilities and a charming village. 

On the other end of the spectrum, there are communities in the Thompson Okanagan region that remain truly affordable, representing excellent value for those looking to enter the area’s real estate market or real estate investors looking to invest in up and coming neighbourhoods. Communities like Lillooet, Cache Creek, and Princeton offer affordable homes in scenic locations. The abundance of undeveloped land in communities like these offers great potential for real estate investors with ambition and a vision.

Things to Do in Thompson Okanagan

Check Out a Local Farmers’ Market

It’s well known that the Thompson Okanagan region has some of the best fruit and vegetables that you’ll find anywhere. In most communities throughout this region, you’ll find local farmers’ markets that allow local growers and craftspeople to sell their products directly to customers. In addition to offering you an opportunity to bring home the freshest produce available, local farmers’ markets are a great place to learn more about where your food comes from. One of the best farmers’ markets in the region is the Penticton Farmers’ Market, which has been running for over thirty years and offers dozens of vendors for visitors to choose from. 

Explore the Local Parks

Among the top perks of living in the Thompson Okanagan area is that inspiring nature surrounds you everywhere you turn. The area has impressive options, whether you’re after mountain adventure, golfing amidst beautiful backdrops, hiking along the river, or getting active on the lake. One of the best hiking areas is the Myra Canyon Trestles Trail, a half-day hike near Kelowna offering views of scenic train tunnels and trestle bridges along the portion of the Kettle Valley Railway that follows the edge of a canyon. 

Tour the Region’s Acclaimed Wineries

Much of the tourism to the Thompson Okanagan region is centered around the area’s wine-producing facilities, and for a good reason. Almost ninety percent of the vineyard space in the province is located in the Okanagan Valley. Whether you’re drawn towards small, family-run vineyards or large, acclaimed wineries, you’ll find inspiring grape growing operations across the four subregions that make up this wine-producing area. There are more than two hundred wineries to choose from across the region, meaning even locals would be hard-pressed to run out of new options. Booking a winery tour is a great way to engage with and learn about the acclaimed local wine scene.