The Top Most Affordable Communities in Nanaimo for August 2025

by Jason Anson

Top Most Affordable Communities in Nanaimo for August 2025 highlights where single family detached prices are the most accessible across the city. If you are value focused, this ranked list shows the lowest average prices for single family detached homes, not acreage or waterfront, based on the twelve months to date average. This snapshot shows where prices are climbing, where they are cooling, and how each community compares within the Nanaimo area.

 

Nanaimo Breakdown by Single Family Detached (Not Acreage or Waterfront) for August 2025

# Community Average Price Year-over-Year Year to Date Change
#1 South Nanaimo $649,419 +1.47% -0.31%
#2 Old City $661,833 +10.31% +8.07%
#3 Central Nanaimo $693,500 +1.61% +2.78%
#4 Brechin Hill $757,986 +5.32% +7.67%
#5 Uplands $787,731 +1.97% N/A
#6 University District $800,130 +3.44% -0.61%
#7 Chase River $816,250 -1.66% N/A
#8 Diver Lake $854,000 0.00% N/A
#9 Departure Bay $894,704 +7.96% N/A
#10 South Jingle Pot $911,800 0.00% N/A
#11 Cedar $912,751 +3.84% -1.31%
#12 Pleasant Valley $948,900 +23.04% N/A
#13 North Jingle Pot $1,027,567 -6.80% +7.77%
#14 Hammond Bay $1,063,672 +7.31% N/A
#15 North Nanaimo $1,063,892 +12.75% N/A
#16 Upper Lantzville $1,150,149 +2.23% N/A
#17 Lower Lantzville $1,226,725 +13.59% +7.72%
#18 Extension N/A N/A N/A

Source: Vancouver Island Real Estate Board (Zone 4, August 2025).

 

Where can buyers find the best value in August 2025?

Leading for affordability, South Nanaimo ranks number one at an average of $649,419. Prices are steady on the year over year view and slightly softer year to date, which positions the area as a strong entry point for detached buyers.

Old City follows at $661,833 with solid annual and year to date gains, while Central Nanaimo sits at $693,500. These neighbourhoods balance access, amenities and price, and remain among the most approachable options for detached homes in the city.

The next tier includes Brechin Hill, Uplands, and the University District, ranging from the mid seven hundreds to just over eight hundred thousand dollars. Chase River and Diver Lake round out the mid range with mixed trend readings on the comparison metrics.

Above nine hundred thousand dollars you will find Departure Bay, South Jingle Pot, and Cedar, followed by Pleasant Valley and North Jingle Pot. At the top of the pricing ladder, Hammond Bay, North Nanaimo, and the Lantzville areas sit well above one million dollars. Extension shows N/A due to thin activity on the twelve month view.

Key Takeaways

  • Best value tier: South Nanaimo, Old City and Central Nanaimo offer the lowest average prices for detached homes.
  • Balanced middle: Brechin Hill, Uplands, University District, Chase River and Diver Lake provide a mix of affordability and amenities.
  • Upper price bracket: North Jingle Pot, Hammond Bay, North Nanaimo and Lantzville neighbourhoods price well above the city median.
  • Data note: N/A indicates limited or no detached sales in the period, which can distort short term signals.

Thinking About Selling or Buying?

Market conditions change quickly and what looks like a sellers’ market today may balance out in the months ahead. If you are planning to sell your home or purchase a property, having the right data and strategy at the right time is key.

I provide custom Market Movement reports and strategy sessions so you understand exactly where your property stands before making your next move. Connect with me below to get started.

You have reached the end of this article, but the story of Vancouver Island real estate does not stop here. I have lived on the island for more than 30 years and have seen how communities grow, shift, and adapt to changing demand. In my professional work I focus on proving actual market value with market movement data, helping both buyers and sellers understand where they fit in today’s market. Use these guides to explore regional areas and continue learning how housing, lifestyle, and community trends connect across the island at Living on Vancouver Island.