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The Prince George real estate market — Feb 2026
- Reference price (Feb 2026)
- $446,800 (+2.6%)
- Average price
- $526,262
- Market conditions
- Figures six months old
Prince George sits at the geographic centre of British Columbia, where the Fraser and Nechako rivers meet, and serves as the service, transport and university hub for the province's north. It is the most affordable of the BC cities Payotte covers by a wide margin. The MLS® HPI benchmark price of a single-family home was $446,800, up 2.6% year-over-year — but that figure is from February 2026, and it is the most recent one the BC Northern Real Estate Board has published in a form Payotte could verify. Everything below should be read with that six-month lag in mind.
Quarterly figures fill in part of the picture. In the first three months of 2026, 144 single-family homes sold in Prince George at an average price of $526,262, roughly $20,000 above the comparable 2025 figure. The city divides cleanly in two for pricing purposes: west of the bypass, 119 single-family sales carried a median of $473,796, while east of it 86 sales came in at a median of $399,500 — a spread of about $74,000 between the two halves of the same city.
Payotte is explicit about the weakness of this page rather than papering over it. The board's own website currently serves an invalid TLS certificate, which blocked automated verification of its latest release on 21 August 2026, so no monthly figure newer than February could be confirmed at source. Estimating a current number from an older one would be inventing data, which this site does not do. Treat the benchmark above as a historical reference point, and ask a local professional for the current month before making any decision that turns on price.
How Payotte selects
For every sector, Payotte publishes a single professional per profession — the highest-scoring on its 100-point grid (Google reviews 35, experience 30, active provincial licence 15, local presence 15, bonus 5). No paid placement, no ads, no commissions.
Frequently asked questions
How much does a house cost in Prince George?
The most recent verified MLS® HPI benchmark for a single-family home was $446,800, up 2.6% year-over-year — but that is a February 2026 figure. For the first quarter of 2026, 144 single-family sales averaged $526,262. Both numbers are several months old; confirm the current month with a local professional.
Why is Payotte showing a February figure in August?
Because it is the most recent one that could be verified at source. The BC Northern Real Estate Board's website serves an invalid TLS certificate, which blocked automated retrieval of its current release on 21 August 2026. Rather than estimate a newer number or borrow a regional one, Payotte publishes the last verified figure and says plainly how old it is.
Is one side of Prince George cheaper than the other?
Yes, and the gap is substantial. In the first quarter of 2026, single-family homes west of the bypass sold at a median of $473,796 across 119 sales, while those east of it came in at a median of $399,500 across 86 sales — a difference of roughly $74,000 for the same property type in the same city.
Is Prince George affordable compared with the rest of British Columbia?
Markedly so. Its last verified single-family benchmark of $446,800 sits far below Victoria's Victoria Core benchmark of $1,311,000 and Nanaimo's $822,200, both from July 2026. Even allowing for the difference in reference dates, Prince George is in a different price bracket from the coastal markets.
Are prices in Prince George rising?
They were as of the last verified reading: the single-family benchmark was up 2.6% year-over-year in February 2026, and the first-quarter average was about $20,000 higher than a year earlier. Whether that has continued through the spring and summer is not something Payotte can confirm from a verified source right now.
Source : BC Northern Real Estate Board (BCNREB) · Prince George (territoire BC Northern Real Estate Board). · 2026-02 — figures refreshed quarterly.
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