Avg Price
$865,443
▲ +2% MoM
Homes Sold
28
▲ +180% MoM
New Listings
0
Active Listings
763
▲ +0% MoM
Avg DOM
74
▲ +48% MoM
Supply
27.3 mo
▼ -64.2% MoM
Nanaimo is Vancouver Island's central hub city with an estimated population of 114,830 (2026), up from 104,022 in the 2021 Census. Growing at 1.83% annually, the city is projected to reach 123,077 by 2030. Incorporated in 1874 on traditional Snuneymu...
Read Full City Guide →The average home price in Nanaimo is $865,443. The median price is $749,450. Prices have increased by 2% compared to last month.
There are currently 763 homes for sale in Nanaimo.
The most popular neighbourhoods in Nanaimo based on sales activity include North Nanaimo and Pleasant Valley. Each neighbourhood has its own character with different price ranges and amenities.
Homes in Nanaimo spend an average of 74 days on market, indicating a slower real estate market.
The median household income in the Nanaimo area is approximately $66,016 based on census data. About 71% of residents are homeowners.
Based on recent sales in Nanaimo, median prices are: 1-bedroom homes at $379,900, 2-bedroom homes at $503,900, 3-bedroom homes at $717,000, 4-bedroom homes at $849,900. Prices vary by neighbourhood and property condition.
Popular neighbourhoods in Nanaimo include Hammond Bay (24 listings, avg $1,474,483), North Nanaimo (23 listings, avg $1,131,120), Uplands (17 listings, avg $832,600), Departure Bay (15 listings, avg $847,953), University District (14 listings, avg $1,333,564). Hammond Bay is the most expensive area with an average price of $1,474,483, while Uplands offers more affordable options at $832,600 on average.
| City | Distance | Listings | Avg. price |
|---|---|---|---|
| Gabriola Island | 14 km | 76 | $788,032 |
| Nanoose Bay | 19 km | 82 | $1,533,950 |
| Ladysmith | 25 km | 106 | $968,957 |
| Parksville | 29 km | 210 | $775,244 |
| Chemainus | 34 km | 68 | $916,125 |
| Sechelt | 36 km | 132 | $1,362,079 |
| Lake Cowichan | 40 km | 68 | $1,148,584 |
| Gibsons | 41 km | 149 | $1,109,033 |
| Qualicum Beach | 43 km | 179 | $1,119,090 |
| Duncan | 49 km | 238 | $1,181,908 |
| City | Distance | Listings | Avg. price |
|---|---|---|---|
| West Vancouver | 61 km | 356 | $4,058,022 |
| Vancouver | 64 km | 3503 | $1,803,706 |
| North Vancouver | 68 km | 785 | $1,582,532 |
| Richmond | 72 km | 1259 | $1,388,002 |
| Delta | 75 km | 434 | $1,627,969 |
| New Westminster | 77 km | 457 | $999,563 |
| Coquitlam | 84 km | 811 | $1,222,010 |
| Burnaby | 85 km | 1355 | $1,572,757 |
| Langford | 88 km | 470 | $857,511 |
| Saanich | 91 km | 422 | $1,283,044 |