Fernwood

Victoria, British Columbia

Market snapshot

As of September 26, 2026, the median asking price in Fernwood, Victoria is $699,900, across 523 active MLS® listings.

Those listings have been on the market an average of 61 days.

226 new listings came to market in Fernwood in the last 30 days.

Asking prices work out to about $695 per square foot, based on the 513 listings that report floor area.

Condos in Fernwood are listed at an average of $600,115 across 319 active listings.

Detached homes in Fernwood are listed at an average of $1,501,840 across 95 active listings.

Townhouses in Fernwood are listed at an average of $937,304 across 68 active listings.

Multi-family properties in Fernwood are listed at an average of $2,451,844 across 18 active listings.

Heritage Streets, Indie-Arts Heartbeat

About Fernwood

Fernwood sits just northeast of Downtown Victoria, close enough to feel the city’s pulse but distinct in its own small-village way. Early-20th-century houses—many with the proportions and details you only get in older builds—line mature streets where gardens spill over stone borders and front porches still matter. It’s a neighbourhood that wears its history lightly, mixing restored character homes with low-rise apartments and co-ops that reflect decades of incremental change.

The centre of gravity is around Fernwood Square: a compact, walkable hub where the Belfry Theatre anchors an arts-forward identity and cafés keep the sidewalks busy from morning to late afternoon. Students and young professionals drift in from nearby campuses and downtown jobs; families arrive for the parks and the sense of community; long-time residents keep traditions alive through local events and familiar faces. Even on ordinary days, there’s a feeling that people know their neighbours—and that the next thing you’ll stumble into might be a pop-up, rehearsal, or community meeting.

Real estate in Fernwood tends to reward buyers who value location and character over sheer square footage. Updated heritage homes and well-kept strata properties command strong interest due to the neighbourhood’s centrality and high walkability (Walk Score: 94), while older apartments and smaller condos often provide a more attainable entry point for first-time buyers. Inventory can be tight, and properties that balance period charm with modern systems typically move fastest—especially those within easy strolling distance of Fernwood Square and the downtown edge.

Market pulse

Fernwood’s active listing market is well-stocked right now with 570 for-sale listings, carrying a median asking price of $694,900 and an average of $699/sqft. Homes have been listed an average of 76 days so far, suggesting buyers may have time to compare options and negotiate, while 177 new listings in the past 30 days point to fresh inventory that can keep pricing competitive for investors focused on entry points and cash-flow math.

AI-written commentary on the active MLS® listing snapshot as of September 11, 2026. Not financial advice.

Getting around

Walk Score 94 · Transit Score 74 · Bike Score 89

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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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