Victoria, British Columbia
As of October 16, 2026, the median asking price in Fernwood, Victoria is $699,000, across 534 active MLS® listings.
Those listings have been on the market an average of 61 days.
204 new listings came to market in Fernwood in the last 30 days.
Asking prices work out to about $698 per square foot, based on the 525 listings that report floor area.
Condos in Fernwood are listed at an average of $612,805 across 322 active listings.
Detached homes in Fernwood are listed at an average of $1,490,526 across 99 active listings.
Townhouses in Fernwood are listed at an average of $941,176 across 74 active listings.
Multi-family properties in Fernwood are listed at an average of $2,612,482 across 17 active listings.
Victoria had a population of 91,867, a median household income of $67,500, 40% of households owning their home at the 2021 Census of Population. These figures describe the broader census geography, not Fernwood specifically.
Arts-forward village centre in central Victoria
Fernwood is a walkable, arts-forward neighbourhood anchored by a small commercial core.
Fernwood centres daily life around Fernwood Square and the Belfry Theatre, with cafés, small grocers, and local businesses shaping the street-level feel. It appeals to people who want a distinct local identity and strong on-foot access to day-to-day errands (Walk Score of 94) alongside solid biking (Bike Score of 89) and workable transit options (Transit Score of 74). It is not a purely single-family, quiet-residential enclave; the housing mix leans toward condominium apartments with detached houses also common, so activity and density vary block to block.
Fernwood is made up mostly of condominium apartments, with detached houses also common, creating a true mix rather than a single housing template. Alongside condos, the area includes smaller multi-family forms and conversions that reinforce its central, lived-in character.
A typical home in Fernwood is a condominium apartment in a low-rise or mid-rise setting, with detached houses as a frequent alternative.
Selling in Fernwood is about making the micro-location and the housing type immediately legible—buyers are often weighing a condo lifestyle against a detached-home alternative within the same central area. Clear presentation of what, exactly, a property offers in daily life (and how it connects to the neighbourhood’s village core) helps it stand apart from superficially similar listings.
Show how the home relates to Fernwood Square and the neighbourhood’s local businesses without overclaiming travel times. Buyers respond to a clear sense of what’s nearby and how the block feels.
If it’s a condominium, make the building story easy to understand: fees, what they cover, recent work, and the practicalities like parking/storage. Buyers compare condos as systems, not just as interiors.
If it’s a detached house, highlight the ownership advantages a house can offer relative to apartments—privacy, control over exterior decisions, and functional outdoor space—without drifting into unmeasured claims.
Across housing types, buyers look for straightforward condition cues and a clean scope of what has been updated. Reduce ambiguity with crisp documentation and an easy-to-read feature set.
Fernwood offers a specific blend: a central Victoria location with a defined village-like core and an arts-present identity, paired with a housing mix that leans condominium while still offering detached options. It’s a strong match for people who want a local-business streetscape and car-light mobility near Downtown. It’s not the right fit if you want a neighbourhood that reads as uniformly detached-home, or if you prioritize a purely residential environment with little nearby activity.
This description is compiled from the figures above and from published sources. It is not a statistic.
Fernwood’s active for-sale inventory sits at 541 listings with a median asking price of $699,000 and an average of $696 per square foot, giving buyers and investors a clear read on current pricing expectations. Homes have been listed for an average of 62 days so far, and with 203 new listings in the past 30 days, fresh supply is continuing to arrive, creating more opportunities to compare options and negotiate based on time-on-market and competing asks.
AI-written commentary on the active MLS® listing snapshot as of October 12, 2026. Not financial advice.
Statistics Canada, 2021 Census estimate.
Estimated from census areas whose centres fall inside the verified community research boundary. Areas can cross neighbourhood edges and census sample counts are rounded. Each shown field has at least 80% coverage by population across the selected census areas.
Walk Score 94 · Transit Score 74 · Bike Score 89
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.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code.
Powered by CREA DDF®