Cobble Hill, British Columbia
As of September 26, 2026, the median asking price in Cobble Hill is $1,122,000, across 36 active MLS® listings.
Those listings have been on the market an average of 70 days.
12 new listings came to market in Cobble Hill in the last 30 days.
Asking prices work out to about $537 per square foot, based on the 36 listings that report floor area.
Detached homes in Cobble Hill are listed at an average of $1,297,382 across 34 active listings.
Cobble Hill is a semi-rural, acreage-and-estate-home neighbourhood within the Cowichan Valley, positioned along the Highway 1 corridor between Mill Bay and Duncan. The area is known for a quiet, country lifestyle with hobby farms, equestrian properties, wineries, and larger lots, attracting established families, professionals commuting north to Greater Victoria, and downsizers seeking space and privacy. Demographically it skews older and higher-income than many nearby communities, with a strong owner-occupier profile and a relatively thin rental market.
Key amenities are oriented around daily needs and recreation rather than urban nightlife: the Cobble Hill Village area, nearby Mill Bay shopping/services, farm stands, trails, and regional parks; healthcare and broader retail are more substantial in Duncan and Victoria. Schools serving the area fall under School District 79 (Cowichan Valley), with local options including Cobble Hill Elementary and Frances Kelsey Secondary in Mill Bay; private and alternative programs are available within driving distance. Transit is limited and car dependence is high, but the highway access supports commuting. Real estate trends are defined by low inventory, preference for detached homes and acreages, and pricing that is sensitive to interest rates; demand has generally been supported by lifestyle buyers and Victoria spillover, while rental yields tend to be moderate-to-strong for small-town BC but constrained by high purchase prices and limited purpose-built rentals.
Cobble Hill’s current for-sale market shows 38 active listings with a median asking price of $1,072,500, averaging $515 per square foot and about 80 days on market so far, suggesting buyers generally have time to compare options and negotiate thoughtfully. With 11 new listings in the past 30 days, selection is being refreshed across the city’s mix of rural acreage properties, estate-style homes, and more conventional single-family housing clusters, with pricing and value often varying by lot size, views, and proximity to main routes and amenities. For buyers and investors, the combination of steady new supply and longer listing times points to a market where diligence on property-specific features and replacement costs matters as much as headline price.
AI-written commentary on the active MLS® listing snapshot as of September 11, 2026. Not financial advice.
Walk Score 41 · Bike Score 44
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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