Average home price in Prince George, BC (2026)
By Jason Luke · · Updated
The short answer: the average single-family home in Prince George sold for $539,144 from January to September 2026, across 656 sales (BCNREB). That is 1.2% below the $545,424 average for the same months of 2025. For all of 2025, the average was $537,028 on 825 sales, up 4.3% from 2024.
So call it roughly $540,000. Here is what that number tells you, and what it hides.
Prices by part of the city
An average blends very different markets. BCNREB also reports a median single-family price for four parts of Prince George. For January to September 2026:
- North (the Hart): $590,000, on 151 sales
- Southwest (College Heights): $590,000, on 181 sales
- West: $474,500, on 178 sales
- East of the bypass: $400,000, on 135 sales
The median is the sale in the middle, so a few big acreage or executive sales do not pull it around the way they pull the average. Two of these areas sit above the citywide average and two sit well below it. At the middle of the market, a house east of the bypass and one in College Heights are about $190,000 apart.
Inside each of those areas, neighbourhoods vary again. The neighbourhood guides show what is listed in each one right now, and you can see everything active on the homes for sale in Prince George page.
Condos and townhomes
The BCNREB city figures above are for single-family homes. For strata, the best public number I have is from BC Assessment: the typical condo or townhome in the City of Prince George was assessed at $273,000 for 2026, up 3% from $265,000. BC Assessment's typical single-family home was $459,000, up 2% from $451,000.
Those are assessed values as of July 1, 2025, and BC Assessment reports the typical (median) property rather than sale prices. They are good for comparing one type with another, less good for what something sells for today. You can browse current strata listings on the condos and townhomes page.
About the "benchmark price"
You will find a benchmark price quoted for Prince George on a lot of websites, including an earlier version of this page. That number comes from BCNREB's MLS® Home Price Index, and it covers the whole board area, from Fort Nelson to 100 Mile House to Haida Gwaii, not Prince George on its own. There is no public benchmark for the city.
For reference, the board-area single-family benchmark was $458,400 in September 2026, up 1.2% from a year earlier, and the composite benchmark was $439,300. Useful for trends across the north. It is not a Prince George house price.
Are prices going up or down?
Roughly flat this year. The single-family average was up 3.9% on the year after the first quarter and up 1.9% at the half-year mark, then sat 1.2% below 2025's pace at the end of September. Meanwhile active listings climbed to 838 at the end of September, from 713 a year earlier. That means more choice for buyers and less room for sellers to push the price. I go through the details on the Prince George market report.
What it takes to buy at the average
At $539,144, the minimum down payment in Canada is $28,914 (5% of the first $500,000 and 10% of the rest). With 10% down and mortgage insurance added, a 4.5% five-year fixed rate over 25 years comes to about $2,770 a month. Property tax at the 2026 rate is about $372 a month after the home owner grant. That is before insurance, utilities and upkeep. Rates move, so treat it as an October 2026 snapshot, and see my 2026 property tax breakdown for the tax side.
What your home is worth
Averages are fine for getting your bearings. They cannot tell you what a specific house will sell for. That takes recent sales of similar homes on similar streets. I wrote about why online home estimates miss in Prince George, and if you want a real number for your place, start with a home valuation.
What is your home worth?
I'll put together a free valuation from recent Prince George sales and the details of your home, not an algorithm. No obligation.
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Jason Luke
REALTOR® · SRES® · RE/MAX Core Realty · Prince George, BC
Questions about this article or the Prince George market? Call (250) 301-9960 or send a message.