The Top Most Affordable Communities in the Surrounding Islands for August 2025

by Jason Anson

The Top Most Affordable Communities in the Islands for August 2025. If you are value focused, the ranked list below shows the lowest average prices for single-family detached homes (not acreage or waterfront) in August 2025, how they are trending, and how each community compares across the zone.

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

# Community Average Price (12 Months) Year-over-Year Year to Date Change
#1 Alert Bay $275,000 -21.99% -25.68%
#2 Cortes Island $580,000 N/A N/A
#3 Denman Island $696,500 +5.13% N/A
#4 Quadra Island $729,333 +0.26% +11.41%
#5 Gabriola Island $901,510 +5.38% +12.21%
#6 Hornby Island N/A N/A N/A
#7 Lasqueti Island N/A N/A N/A
#8 Read Island N/A N/A N/A

Leading for affordability, Alert Bay averages $275,000 and remains well below last year on both comparisons. Cortes Island follows at $580,000 with a stable 12-month view. Denman Island sits next at $696,500 and shows a modest rise year over year.

In the mid range, Quadra Island comes in at $729,333 with a small annual gain and a double-digit lift year to date. At the higher end of the Islands set, Gabriola Island averages $901,510 with solid annual and year-to-date momentum.

Hornby Island, Lasqueti Island and Read Island reported no qualifying single-family detached sales in the current periods, so averages and changes are shown as N/A. Treat N/A as a data gap rather than a pricing signal.

Source: Vancouver Island Real Estate Board

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Whether you are buying, selling or simply working out what your property is worth, the number matters more than the opinion. Market conditions on Vancouver Island shift by community and by month, and a value that was right in the spring may not hold by the fall.

I do not guess your home's value. I prove it, using actual market value and real market movement so you can protect your equity and move forward with confidence. Send me the address and I will show you the numbers.

Jason Anson
Jason Anson

Agent License ID: 188385

+1(250) 252-7653 | sold@jasonanson.ca

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You have reached the end of this article, but there is a great deal more to Vancouver Island than any one community. I have lived here for more than 30 years and watched these communities grow, shift and adapt. What I have learned is that most people choose the right house in the wrong community, and that the questions worth asking are practical ones about services, distance and what daily life actually requires. Keep working through the regions and communities at Living on Vancouver Island.