Nanaimo Real Estate Market
One city, and a price range inside it wider than most whole regions.Nanaimo real estate market figures are the least useful city wide numbers on this site, and that is not a criticism of the data. It is simply that the spread between neighbourhoods here is larger than the spread between many separate towns.
Nanaimo Real Estate Market Overview
Nanaimo is the second city on the Island and the point where most of the mainland arrives. Two ferry terminals, float planes to downtown Vancouver, a hospital, a university and enough employment that people move here for work rather than for the view.
It has also grown outward in every direction over a long period, which has left it with an unusually wide range of housing. Waterfront at Hammond Bay, newer subdivisions in the north, heritage streets in the Old City, acreage out at Cedar and Extension, and a resort community at Fairwinds. Very little of it compares to the rest.
A city average here is close to meaningless. The difference between the top and bottom of this market is large enough that the middle describes almost nobody. The neighbourhood reports are not a refinement on this page, they are the point of it.
Subscribe to the Market Update
A Subscribe to the Market Update button sits with every graph on this page. Turn it on and the Nanaimo figures are pushed out to you at whatever interval works, and you can reverse that at any time. Save Snapshot starts it.
Nanaimo: 30 Day Market Movement
(AUG 12, 2026 - SEP 11, 2026)
Nanaimo: 30 Day Market Movement
How To Read the 30 Day Numbers
- What it shows. Everything that completed last month, the prices achieved and days on market, measured against the month before.
- Why it matters. Nanaimo generates enough sales that a month is statistically fine. The trouble is what it averages. A busy month in North Nanaimo and a busy month in the south end produce very different figures with the same headline meaning.
- Ask yourself. Is the city moving faster or slower than last month?
Nanaimo is made up of the areas below and they do not price alike. Each keeps its own report, and that is where these numbers start being worth something.
Nanaimo Market Trends: 12 Months to Date
How To Read the 12 Month Trend
- What it shows. A rolling twelve months of prices, volume and selling times.
- Why it matters. The year is a genuine trend line here, one of the few on the Island with enough behind it to call it that. Use it for direction and use the neighbourhood pages for anything approaching a number you would act on.
- Ask yourself. Which way is the city as a whole heading?
Nanaimo MLS® Activity Feed
How To Read the MLS® Activity Feed
- What it shows. Live sold, active and pending listings.
- Why it matters. With this many neighbourhoods the feed is the fastest way to see where the activity actually is. Two sales at the same price in different parts of Nanaimo can be entirely different houses.
- Ask yourself. What is selling, and in which neighbourhood?
Questions About These Numbers
There is. Switch on the subscription at any graph, choose how often, and it will reach you until you say otherwise.
Because they genuinely price differently. Nanaimo has grown over a long period in several directions, and the housing in each part reflects when and why it was built.
North Nanaimo and the waterfront areas generally sit at the top, though the Old City and Departure Bay hold their own for character and location. The individual reports above are the honest answer.
Not municipally, and they are separate markets with their own character. They are reported here because that is how buyers search and how they think about the area.
A city figure will not get near it here, where the neighbourhood can move the number by a very large margin. Recent sales on your own streets, your lot and the state of the house are what decide it. I don't 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.
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Ways To Search Nanaimo
The range here means people arrive with very different lists. A first house within reach. A waterfront property. Acreage out towards Cedar. Something newer in the north end with no work to do.
Sort below on price and on property type, then use the neighbourhood reports above to narrow down where in the city that money actually goes.