ACTIVE LISTINGS
58
homes currently available
KELOWNA NEIGHBOURHOOD GUIDE
Newer homes, campus proximity, and rental demand by UBC Okanagan.
UNIVERSITY DISTRICT, KELOWNA
University District wraps around UBC Okanagan in north Kelowna, a newer, fast-growing area of condominiums, townhomes, and the Quail Ridge community, shaped by the campus, the airport, and a strong rental market.
Housing here is among the newest in the city, weighted toward condominiums, townhomes, and purpose-built rentals along Academy Way, alongside the established Quail Ridge golf community. Buyers are often investors or families drawn by UBC Okanagan, Kelowna International Airport, and quick highway access, in a market where rentability and proximity to campus drive demand.
CURRENT MARKET INTELLIGENCE
UPDATED NOVEMBER 7, 2026
ACTIVE LISTINGS
58
homes currently availableNEW LISTINGS · 30 DAYS
5
added to the MLS feedINVENTORY BREAKDOWN
3 TYPES14 houses · 31 apartments · 13 townhomesHOMES SOLD · 90 DAYS
17
closed salesMEDIAN SOLD PRICE
$465,000
$454/sqftSALE TO LIST
96.4%
median 63 days to sellMONTHS OF INVENTORY
10.2
active ÷ monthly salesPRICE REDUCTIONS · 30 DAYS
8
cut in 30 days, 14% of activeMEDIAN ASKING $ / SQ. FT.
$409
58 eligible listingsBy property type
Active and sold market data from the Association of Interior REALTORS MLS, as of November 7, 2026. Sold figures are totals and medians of residential sales that closed in the last 90 days; medians are shown only with 5 or more sales. Residential only (houses, apartments, townhouses). Months of inventory requires at least 6 closed sales in the window to be meaningful and reads N/A below that.

SCOTT JENVEY
REAL ESTATE ADVISOR

SCOTT’S MARKET PERSPECTIVE
Updated November 6, 2026 · monthly · 90-day figures
University District has quietened noticeably. Over the past 90 days, 17 homes sold against 30 in the same 90 days last year, and new listings fell by a similar margin, so buyers and sellers have both stepped back rather than one side pulling away. Even so, supply is running well ahead of the sales pace. At 10.2 months of inventory over the past 90 days, the neighbourhood sits firmly in buyers' territory and looser than Kelowna as a whole at 7.8. Most sales in that window landed under $750,000, and a median sale-to-list ratio of 96.4% points to buyers negotiating, though modestly, rather than deep discounting. Figures from Association of Interior REALTORS MLS data for the 90 days to November 6, 2026.
In this market, building quality, strata health, parking, and how well a unit rents drive value more than square footage. Pricing against comparable campus-area buildings beats leaning on a broad neighbourhood average.
Read the Okanagan Market Report, the monthly view across the valley by area, home type and price range.
DISCUSS YOUR MOVENeighbourhood Access
How connected homes here are to daily life, measured along the real walking, cycling and road network for every active listing, not straight-line distance.
Average Access Score
Across 58 homes for sale. Higher means more reachable on foot and by bike.
Median drive to main groceries
The nearest full grocery store is more than a 30-minute walk, so this is a typical drive along the road network.
Homes near a park
Share of homes within a 10-minute walk of a park or trail.
Destinations in a 15-min walk
Shops, cafes, restaurants and services reachable on foot from a typical home.
Median walk to transit
Typical walking time to the nearest bus stop.
Cycling
Reach by a 10-minute bike ride, with the area's terrain factored in.
Network walking, cycling, transit and driving distances from every active listing, computed on OpenStreetMap, BC Transit and BC school data with an Okanagan terrain adjustment. Produced by A.L.I.C.E.
See each home’s Neighbourhood Access score →Local Facts
University District wraps around UBC Okanagan in north Kelowna, a newer, fast-growing area of condominiums, townhomes, and the Quail Ridge community, shaped by the campus, the airport, and a strong rental market.
Housing here is among the newest in the city, weighted toward condominiums, townhomes, and purpose-built rentals along Academy Way, alongside the established Quail Ridge golf community. Buyers are often investors or families drawn by UBC Okanagan, Kelowna International Airport, and quick highway access, in a market where rentability and proximity to campus drive demand.
Common Questions
What should I know before buying in University District, Kelowna?
University District wraps around UBC Okanagan in north Kelowna, a newer, fast-growing area of condominiums, townhomes and the Quail Ridge community, shaped by the campus, the airport and a strong rental market. Housing is among the newest in the city, so rentability and proximity to campus drive much of the demand.
What is University District known for?
UBC Okanagan at the door, the established Quail Ridge golf community, and quick access to Kelowna International Airport and Highway 97.
What types of homes are in University District?
Among the newest stock in the city: condominiums, townhomes and purpose-built rentals along Academy Way, alongside the established Quail Ridge community.
How is the University District real estate market?
University District is a newer, rental-driven market where proximity to campus and rentability shape demand and value. For current active, sold and days to sell figures, see the market snapshot on this page.
Is University District a good area to live in Kelowna?
University District suits investors, students' families and downsizers who want newer, attainable homes with UBC Okanagan, the airport and the highway minutes away.
HOMES FOR SALE
LIVE INVENTORY FROM THE MLS
Listing information last updated on November 7, 2026 at 7:57 AM.
Data provided by: Association of Interior REALTORS®. Listing information is deemed reliable but not guaranteed accurate. REALTOR®, MLS® and the associated logos are trademarks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
Weighing University District against the rest of the valley? Browse Sotheby’s Okanagan real estate from the local office, across Kelowna and the Okanagan.
SCHOOL CATCHMENT GUIDE
Enter any Central Okanagan street address to identify its elementary, middle, and secondary catchment schools. Results come from geocoding and SD23 boundary data; always confirm enrollment eligibility with the school district.
LIFESTYLE & ACCESS
The UBCO campus anchors the neighbourhood, driving steady rental demand and a young, active community.
The established Quail Ridge community and its golf course sit alongside newer condominium and townhome development.
Kelowna International Airport and Highway 97 are minutes away, with quick connections downtown and to Lake Country.
One of the city’s newest housing stocks makes this a practical entry point for investors, students’ families, and downsizers.
KEEP EXPLORING

YOUR NEXT MOVE
Get a local read on the streets, homes, and opportunities that fit what you’re looking for.
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