The Top Most Affordable Communities in the Comox Valley for August 2025

by Jason Anson

The top most affordable communities in the Comox Valley for August 2025 show where single family detached homes (not acreage or waterfront) offer the lowest entry points. If you are value focused, this ranked list highlights the communities with the lowest average prices, how they are trending, and how they compare across the Valley.

# Community Average Price Year-over-Year Year to Date Change
#1 Comox Peninsula $160,000 -84.08% +42.18%
#2 Mt Washington $610,000 N/A +17.14%
#3 Cumberland $766,667 -17.50% +7.57%
#4 Courtenay City $823,731 +5.65% +7.01%
#5 Courtenay East $830,583 -9.30% +2.97%
#6 Comox (Town of) $887,078 -0.75% +1.86%
#7 Courtenay South $1,143,000 +23.97% +24.26%
#8 Courtenay North N/A N/A +10.15%
#9 Union Bay/Fanny Bay N/A N/A +7.68%
#10 Merville/Black Creek N/A N/A +15.55%

Where can buyers find the best value in August 2025?

Leading for affordability, Comox Peninsula shows an average of $160,000. This reflects the specific mix of sales in August rather than a broad reset of pricing, but it places the Peninsula at the top for entry-level detached purchases this month.

In second place, Mt Washington averaged $610,000 with limited sales but strong +17.14% year to date growth. Cumberland followed at $766,667, down year over year yet up +7.57% year to date, which suggests value with momentum.

The mid-range affordability group includes Courtenay City at $823,731 and Courtenay East at $830,583. Both remain accessible relative to the rest of the Valley and show steady to mixed trends on the annual and year-to-date comparisons.

Comox (Town of) comes in at $887,078, close to the $900,000 mark. At the high end of the list, Courtenay South averaged $1,143,000, which places it outside the affordability bracket for many buyers this month.

Courtenay North, Union Bay/Fanny Bay, and Merville/Black Creek reported no detached sales in August, so monthly averages are listed as N/A and their placement reflects year-to-date context only.

Key Takeaways

  • Best value tier: Comox Peninsula, Mt Washington and Cumberland show the lowest average prices this month.
  • Steady middle: Courtenay City and Courtenay East remain relatively accessible while showing mixed trend signals.
  • High-price outlier: Courtenay South sits well above one million dollars and is not part of the affordability set.
  • Data caveat: N/A markets reflect thin or no detached sales in August; treat these as incomplete monthly 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.