Prince Rupert property values on the decline despite regional increase

Prince Rupert homeowners looking to sell should expect lower prices, according to statistics from the B.C. Northern Real Estate Board.

While Terrace and Kitimat both saw increases in the average price of a residential detached home, Prince Rupert recorded a decline of nearly $100,000 — the largest drop in northern B.C.

So far this year, the average selling price in Prince Rupert is $392,025. In March 2025, the average home sold for $486,596.

Homes in Prince Rupert remain on the market for about 40 days before selling.

So far this year, 26 properties have sold in Prince Rupert for a combined total of $9 million, compared with 27 properties sold during the same period last year for a combined total of $13 million.

Kolten Bezooyen
Kolten Bezooyen
Kolten began his career with Vista Radio in Prince Rupert in July 2025 before moving to the Okanagan in May 2026. He is from Lethbridge, Alberta, and graduated from the Digital Communications and Media program at Lethbridge Polytechnic. His favourite topics to cover are sports and politics.

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