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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

$801,325

AVERAGE PRICE OF 191 HOMES

$1,696,780

AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES

$780,422

AVERAGE PRICE OF 31 NEWLY BUILT HOMES

$498,618

AVERAGE PRICE OF 11 HOMES WITH A POOL

$722,933

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $801,325
Avg Bedrooms 2.04 beds
Avg Bathrooms 1.74 baths

Average Price by Bedrooms

1 bedroom $369,821
2 bedrooms $570,881
3 bedrooms $952,281
4 bedrooms $1,105,000
5 bedrooms $1,457,000
Parksville Home Price Trends
  2/2026 1/2026 12/2025 11/2025 10/2025
Total Listings 167 156 172 189 207
Average Price $772,675 $787,503 $852,150 $846,724 $853,565
Avg Price Change -1.92% -8.21% +0.64% -0.81% -0.30%
Median Price $623,900 $656,605 $684,720 $684,983 $668,854
Med Price Change -5.24% -4.28% -0.04% +2.41% -4.00%
Avg Bedrooms 1.9 beds 1.94 beds 1.97 beds 2.05 beds 2.08 beds
Avg Bathrooms 1.69 baths 1.67 baths 1.68 baths 1.76 baths 1.78 baths
Total Homes Average Price Avg Days on Site
All Homes 191 $801,325 65 days
Multi-Million Dollar Homes 39 $1,696,780 68 days
Newly Built Homes 31 $780,422 64 days
Homes with a Pool 11 $498,618 105 days
Reduced Price Homes 6 $722,933 107 days