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Parksville

Why you'd want to live in Parksville

The beaches here on the south-central coast of eastern Vancouver Island are the stuff of a California dream vacation. However, there is a difference: Parksville's postcard crescents of golden, hard-packed sand beaches are smoother, broader and caressed by gentle Pacific rollers, not pounding surf. Sea to Mountain Activities While summer by the sea is a major lure here, Parksville is a four-season outdoor destination. Golf, hiking, and mountain biking enthusiasts are well served in a rare, splendidly protected UNESCO Biosphere Reserve. This area is notable for its pristine watersheds, deep lakes, extensive parkland, forested tracts (notably the old-growth treasure at Cathedral Grove), and challenging trails leading to Mount Arrowsmith's see-forever viewpoints.

Parksville Market Report

$853,272

AVERAGE PRICE OF 188 HOMES

$1,899,871

AVERAGE PRICE OF 42 MULTI-MILLION DOLLAR HOMES

$853,020

AVERAGE PRICE OF 24 NEWLY BUILT HOMES

$522,800

AVERAGE PRICE OF 16 HOMES WITH A POOL

$1,077,971

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $853,272
Avg Bedrooms 2.08 beds
Avg Bathrooms 1.79 baths

Average Price by Bedrooms

1 bedroom $297,380
2 bedrooms $571,520
3 bedrooms $941,337
4 bedrooms $1,042,700
5 bedrooms $1,074,317
Parksville Home Price Trends
  10/2025 9/2025 8/2025 7/2025 6/2025
Total Listings 207 216 221 226 228
Average Price $853,565 $856,149 $858,308 $847,092 $867,821
Avg Price Change -0.30% -0.25% +1.32% -2.45% -2.11%
Median Price $668,854 $695,633 $701,942 $736,896 $762,825
Med Price Change -4.00% -0.91% -4.98% -3.52% +1.01%
Avg Bedrooms 2.08 beds 2.08 beds 2.03 beds 2.11 beds 2.16 beds
Avg Bathrooms 1.78 baths 1.76 baths 1.7 baths 1.79 baths 1.82 baths
Total Homes Average Price Avg Days on Site
All Homes 188 $853,272 75 days
Multi-Million Dollar Homes 42 $1,899,871 73 days
Newly Built Homes 24 $853,020 51 days
Homes with a Pool 16 $522,800 100 days
Reduced Price Homes 7 $1,077,971 88 days