Prince George housing market, September 2026
City of Prince George sales and prices from the BC Northern Real Estate Board, what’s listed on MLS® right now, and what it means if you’re buying or selling.
Latest BCNREB figures cover Jan 1 - Sep 30, 2026, released October 7, 2026.
Prince George by the numbers
City of Prince George, Jan-Sep 2026, compared with the same months of 2025. Source: BCNREB release.
What is the average home price in Prince George?
The average detached (single-family) home in Prince George sold for $539,144 between January and September 2026, across 656 sales (BCNREB). That's down 1.2% on the same months of 2025. The full-year 2025 average was $537,028. Median detached prices by area ran from $400,000 east of the bypass to $590,000 in the Hart and in the Southwest (College Heights).
An average moves with the mix of homes that happened to sell, so it can jump around from one quarter to the next. The medians by area below are steadier. BC Assessment’s typical single-family value for the city was $459,000 on the 2026 roll (valued July 1, 2025), and its typical strata home (condo or townhouse) was $273,000.
Right now on MLS®
907 active listings in Prince George on MLS® right now, 478 of them homes. Median asking prices by type:
Detached houses
$506K
median asking, 366 listed
Condos and townhomes
$341K
median asking, 69 listed
Vacant land
$225K
median asking, 327 listed
Calculated from the CREA DDF® listing feed when this page last refreshed (hourly). Asking prices, not sale prices; plexes and commercial property are left out of the three types.
Detached prices by part of the city
Median detached sale price, Jan-Sep 2026. Half the homes sold for more, half for less. BCNREB’s four Prince George areas.
| Area | Median | Sold | Same months 2025 |
|---|---|---|---|
| Southwest / College Heights | $590,000 | 181 | $605,000 -2.5% |
| North / Hart | $590,000 | 151 | $585,000 +0.9% |
| West | $474,500 | 178 | $474,000 +0.1% |
| East of bypass | $400,000 | 135 | $419,500 -4.6% |
Period by period
City of Prince George. BCNREB reports year-to-date totals, so each 2026 row includes the months before it. A new row is added every quarter. Figures in grey are the same period a year earlier.
| Period | Sales | Volume | Detached sold | Detached avg | Active at end |
|---|---|---|---|---|---|
| Jan-Sep 2026 | 1,043 1,065 | $531.4M $525.2M | 656 630 | $539,144 $545,424 | 838 713 |
| Jan-Jun 2026 | 680 691 | $347.4M $333.8M | 427 403 | $542,905 $532,605 | 778 |
| Jan-Mar 2026 | 226 279 | $112.7M $124.1M | 144 151 | $526,262 $506,287 | 703 565 |
| 2025 (full year) | 1,362 1,335 | $669.7M $623.8M | 825 807 | $537,028 $514,924 | 591 575 |
Subtracting the earlier year-to-date total, about 363 homes sold in the latest 3 months alone. That’s our arithmetic on BCNREB’s totals, not a board figure.
Buyer’s market or seller’s market?
BCNREB doesn’t publish months of inventory for Prince George, but its own numbers give a rough figure. 838 listings were active at the end of September, and about 121 homes a month sold in the latest quarter. That’s roughly 6.9 months of supply, which by the usual yardstick is a balanced market, leaning toward buyers.
- Under 5 months: sellers usually have the edge, and multiple offers are more common.
- 5 to 8 months: balanced. Well-priced homes sell; overpriced ones sit.
- 8 months or more: buyers have room to negotiate.
That’s a citywide number across every property type. A three-bedroom in the Hart under $500,000 can be a very different market from an acreage over $800,000, so ask for the numbers for your price range before you set a price or an offer.
What it means for you
If you’re buying
- You have more to choose from than a year ago. 838 listings were active at the end of September, against 713 a year earlier.
- Detached prices are close to flat. The Jan-Sep 2026 average of $539,144 is down 1.2% on the same months of 2025.
- Where you buy matters more than when. The median detached home sold for $400,000 east of the bypass and $590,000 in the Southwest (College Heights).
- Fixed rates have moved up. The big banks' posted 5-year fixed rate was 6.19% (week of Oct 7, 2026), up from 6.09% (Bank of Canada). Few buyers pay the posted rate, but if your pre-approval is more than a few weeks old, ask your lender to run it again.
If you’re selling
- Buyers have more to compare. Sales are running a little behind last year (1,043 vs 1,065) while active listings are up 17.5%. Price against what’s selling now in your area, not what a neighbour got a couple of years ago.
- Detached medians by area, against the same months last year: East of bypass down 4.6%, West up 0.1%, North / Hart up 0.9%, Southwest / College Heights down 2.5%.
- From BCNREB’s October 7, 2026 release: Seasonally adjusted, Prince George sales eased from the second quarter to the third. Current 5-year fixed mortgage rates are above 5%, and markets expect "upwards of four rate hikes" in 2027. That’s the board’s read, not a certainty.
- The list price is the decision that matters most. Jason will give you a straight number built from recent sales near you, even if it’s lower than you hoped.
BC Northern board area figures
| Board area | September 2026 | April 2026 |
|---|---|---|
| Single-family HPI | $458,400 +1.2% | $454,600 +0.4% |
| Composite HPI | $439,300 +1.1% | $436,200 +1.0% |
| Townhouse HPI | $287,900 +1.3% | $275,300 -0.2% |
| Apartment HPI | $233,800 -6.0% | $257,200 +22.1% |
| Residential sales | 358 -2.7% | 344 -6.3% |
| Average price | $475,042 +7.6% | $467,869 +6.7% |
| New listings | 564 +5.8% | 722 -2.0% |
| Active listings | 2,093 +8.5% | 1,777 -2.4% |
| Months of inventory | 5.8 | 5.2 |
Source: CREA board statistics for the BC Northern Real Estate Board. Percentages are year over year. In Q2 2026 (Apr-Jun), board-wide, the median detached home sold for $492,250 after 13 days on the market (median), with 4.2 months of detached inventory.
Mortgage rates and rents
What borrowers actually paid is lower than posted: the average new insured 5-year fixed mortgage was 4.05% in July 2026, the latest month the Bank of Canada has published. CMHC surveys purpose-built rentals only. Basement suites and rented condos are not counted, and their asking rents usually run higher. More on rents and living costs on the cost of living page.
Prince George market questions
What is the average home price in Prince George?
The average detached (single-family) home in Prince George sold for $539,144 between January and September 2026, across 656 sales (BCNREB). That's down 1.2% on the same months of 2025. The full-year 2025 average was $537,028. Median detached prices by area ran from $400,000 east of the bypass to $590,000 in the Hart and in the Southwest (College Heights).
Is there a benchmark (HPI) price for Prince George?
BCNREB doesn't publish an MLS® Home Price Index for Prince George on its own. Its HPI covers the whole BC Northern Real Estate Board region, from Fort Nelson to 100 Mile House to Haida Gwaii. In September 2026 the board-area single-family benchmark was $458,400 (+1.2% year over year) and the composite was $439,300. That's useful for direction. For a Prince George price, use the city's detached average or the medians by area.
Is it a buyer's or seller's market in Prince George right now?
By the usual yardstick it's a balanced market, leaning toward buyers. BCNREB doesn't publish months of inventory for the city, but its own numbers give a rough figure: 838 active listings at the end of September against about 121 sales a month in the latest quarter is about 6.9 months of supply. Under 5 months usually favours sellers and 8 or more favours buyers. It varies a lot by price range and neighbourhood, and Jason can pull the current numbers for yours.
How long are homes taking to sell in Prince George?
BCNREB doesn't publish a days-on-market figure for Prince George alone. Across the whole BC Northern board area, the median detached home that sold in Q2 2026 was on the market 13 days (CREA). Homes priced right still go quickly. Overpriced ones sit, and the longer they sit the harder they are to sell. Jason can pull days on market for a specific area and price range from MLS®.
What is the sale-to-list price ratio in Prince George?
It isn't published anywhere public for Prince George. Jason can pull it from the MLS® system for a specific neighbourhood and price range, which is the version that matters when you're pricing a home or writing an offer.
Which parts of Prince George cost the most?
BCNREB splits the city into four areas for detached prices. Between January and September 2026, the medians were: Southwest / College Heights $590,000 (181 sold), North / Hart $590,000 (151 sold), West $474,500 (178 sold), East of bypass $400,000 (135 sold). Within each area, prices still vary street by street, so a neighbourhood-level comparison is the better guide for a specific home.
How does Prince George compare with the BC Northern board area?
Prince George is the biggest market on the board, but board-area numbers mix it with Fort St. John, Terrace, Smithers, Prince Rupert and smaller towns. For January to September 2026, the board-area average residential price was $456,912. The Prince George detached average was $539,144 between January and September 2026. They measure different things (all residential versus detached only), so don't read the gap as a discount.
How often is this report updated?
BCNREB publishes Prince George figures once a quarter, usually within two weeks of the quarter ending. The board-area table is updated monthly, and the "right now on MLS®" numbers refresh every hour from the listing feed.
Talk to Jason about your home’s value
Citywide numbers only go so far. Jason will pull recent sales near you and give you a straight read on what your home would sell for now. No obligation to list.
Get a home valuationWant numbers for your street?
These are citywide figures. Ask Jason for recent sales and current competition in your neighbourhood and price range.