The Top Most Affordable Communities on Vancouver Island for August 2025

by Jason Anson

The Top Most Affordable Communities on Vancouver Island for August 2025 brings together single family detached results, not acreage and not waterfront, from across the Island. Below is a ranked table based on the twelve months to date average price, starting with the lowest-priced communities. Use it to see where entry points are most accessible, how prices have moved over the past year, and how year to date trends compare by community.

Top Most Affordable Communities on Vancouver Island – August 2025

# Community Average Price 1 Year Change Year to Date Change
#1 Campbellton $344,667 -22.12% -35.45%
#2 Gold River $370,867 +8.84% +4.14%
#3 Port Alice $392,500 -6.66% N/A
#4 Kelsey Bay/Sayward $439,571 +11.10% +47.45%
#5 Port Hardy $499,900 +13.96% +25.21%
#6 Port McNeill $506,640 -2.90% +0.05%
#7 Port Alberni $559,321 +0.64% -0.34%
#8 Alberni Valley $581,455 +7.02% +5.58%
#9 Youbou $609,000 -6.89% -7.13%
#10 South Nanaimo $649,419 +1.47% -0.31%
#11 Old City $661,833 +10.31% +8.07%
#12 Crofton $668,000 -6.96% -6.93%
#13 West Duncan $690,000 -3.63% -3.60%
#14 Campbell River North $693,400 +0.86% +1.91%
#15 Central Nanaimo $693,500 +1.61% +2.78%
#16 Campbell River Central $719,686 +3.11% +4.14%
#17 Brechin Hill $757,986 +5.32% +7.67%
#18 Campbell River West $761,089 -3.59% -7.43%
#19 Lake Cowichan $762,000 +11.57% +11.15%
#20 Uplands $787,731 +1.97% N/A
#21 Shawnigan Lake $795,000 -8.62% -8.28%
#22 Campbell River South $796,492 +6.14% +4.59%
#23 University District $800,130 +3.44% -0.61%
#24 Ladysmith $810,000 +0.75% +0.77%
#25 Chase River $816,250 -1.66% N/A
#26 Chemainus $829,000 -1.54% -1.33%
#27 East Duncan $840,000 +0.96% +0.90%
#28 Diver Lake $854,000 0.00% N/A
#29 Parksville $856,784 +2.82% +2.25%
#30 Honeymoon Bay $884,541 +0.58% +0.34%
#31 Cobble Hill $887,500 -4.05% -4.64%
#32 Departure Bay $894,704 +7.96% N/A
#33 French Creek $907,757 -0.44% +4.17%
#34 South Jingle Pot $911,800 0.00% N/A
#35 Cedar $912,751 +3.84% -1.31%
#36 Cowichan Station/Glenora $925,000 +13.09% +12.86%
#37 Ucluelet $925,352 +22.89% +8.08%
#38 Pleasant Valley $948,900 +23.04% N/A
#39 Qualicum Beach $954,681 -5.85% -2.74%
#40 Cowichan Bay $959,000 -0.31% -0.34%
#41 Saltair $1,022,500 +12.96% +8.68%
#42 North Jingle Pot $1,027,567 -6.80% +7.77%
#43 Nanoose $1,029,483 -8.83% -4.86%
#44 Hammond Bay $1,063,672 +7.31% N/A
#45 North Nanaimo $1,063,892 +12.75% N/A
#46 Mill Bay $1,110,400 -3.72% -3.33%
#47 Tofino $1,173,800 -2.51% -8.51%
#48 Fairwinds $1,377,579 -7.03% -2.88%
Malahat Proper N/A N/A N/A
Extension N/A N/A N/A
Hyde Creek/Nimpkish Heights N/A N/A N/A
Bamfield N/A -100.00% N/A
Alberni Inlet N/A N/A N/A

At the most affordable end, Campbellton leads with an average of $344,667, followed by Gold River at $370,867 and Port Alice at $392,500. Several North Island communities such as Kelsey Bay/Sayward, Port Hardy, and Port McNeill also sit in the lower-price tier on the rolling twelve-month view.

The mid range includes Port Alberni and the broader Alberni Valley, with South Nanaimo, Old City, and Central Nanaimo offering accessible options inside the city. Moving up the scale, suburban and coastal areas such as French Creek, South Jingle Pot, and Cedar mark the transition toward higher average prices.

At the premium end of the Island, averages rise sharply in Gabriola-adjacent Nanaimo submarkets like North Nanaimo and Hammond Bay, as well as destination and lifestyle markets including Mill Bay, Tofino, and Fairwinds. Communities with limited or no qualifying sales show as N/A and are listed separately.

Source: Vancouver Island Real Estate Board (VIREB)

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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.