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Nanaimo

Why you'd want to live in Nanaimo

Nanaimo is officially known as Harbour City for good reason. Stretched like a long, lean finger along the east coast of south-central Vancouver Island, British Columbia's sixth-largest city gets its identity, history and a wealth of recreation from a lovely, island-sheltered harbour right in the heart of town. Hiking, boating, kayaking, biking and world-class scuba diving and snorkeling are everyday activities at the bustling waterfront, as seaplanes take flight from sparkling blue waters. Today, Nanaimo (population 84,228) is a fast-growing urban centre that is no longer merely the premier gateway to Vancouver Island. A boldly revitalized downtown core, delightful harbourfront walkway, sparkling new museum, affordable art galleries, and a wealth of cool shopping and dining alternatives are good reasons to park the car, find accommodations and stay awhile.

Nanaimo Market Report

$990,057

AVERAGE PRICE OF 661 HOMES

$2,166,077

AVERAGE PRICE OF 162 MULTI-MILLION DOLLAR HOMES

$917,317

AVERAGE PRICE OF 69 NEWLY BUILT HOMES

$1,142,940

AVERAGE PRICE OF 5 HOMES WITH A POOL

$695,520

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $990,057
Avg Bedrooms 2.58 beds
Avg Bathrooms 1.96 baths

Average Price by Bedrooms

1 bedroom $386,574
2 bedrooms $600,332
3 bedrooms $793,948
4 bedrooms $1,013,238
5 bedrooms $1,172,258
Nanaimo Home Price Trends
  2/2026 1/2026 12/2025 11/2025 10/2025
Total Listings 622 569 635 750 829
Average Price $996,380 $981,046 $930,252 $922,089 $908,342
Avg Price Change +1.56% +5.46% +0.89% +1.51% -0.63%
Median Price $743,496 $717,861 $720,378 $741,486 $750,293
Med Price Change +3.57% -0.35% -2.93% -1.19% -0.58%
Avg Bedrooms 2.54 beds 2.5 beds 2.56 beds 2.68 beds 2.74 beds
Avg Bathrooms 1.94 baths 1.92 baths 1.95 baths 2.03 baths 2.08 baths
Total Homes Average Price Avg Days on Site
All Homes 661 $990,057 79 days
Multi-Million Dollar Homes 162 $2,166,077 95 days
Newly Built Homes 69 $917,317 69 days
Homes with a Pool 5 $1,142,940 56 days
Reduced Price Homes 20 $695,520 46 days