ACTIVE LISTINGS
65
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 OCTOBER 18, 2026
ACTIVE LISTINGS
65
homes currently availableNEW LISTINGS · 30 DAYS
16
added to the MLS feedINVENTORY BREAKDOWN
3 TYPES17 houses · 35 apartments · 13 townhomesHOMES SOLD · 90 DAYS
21
closed salesMEDIAN SOLD PRICE
$465,000
$475/sqftSALE TO LIST
96.9%
median 59 days to sellMONTHS OF INVENTORY
9.3
active ÷ monthly salesPRICE REDUCTIONS · 23 DAYS
8
cut in 23 days, 12% of activeMEDIAN ASKING $ / SQ. FT.
$432
65 eligible listingsBy property type
Active and sold market data from the Association of Interior REALTORS MLS, as of October 18, 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
Over the past 90 days University District has cooled noticeably: 21 homes sold, against 34 in the same 90 days last year. New listings also fell over that window, but not as sharply as sales. With sales slowing faster than supply, months of inventory now sits at 9.3. That is firmly in buyer's territory and softer than Kelowna as a whole at 7.8. Even so, sellers are not giving much away at the table. The median sale-to-list ratio over the past 90 days is 96.9%, about where the city sits. Most of the activity is concentrated under $750,000, and that is also where buyers have the widest choice and the most room to compare. Figures from Association of Interior REALTORS MLS data for the 90 days to October 16, 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.
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 69 active listings. 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 listings 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 October 17, 2026 at 10:02 PM.
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.
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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