Nanaimo, British Columbia, Canada
As of August 12, 2026, the median asking price in Hammond Bay, Nanaimo is $1,199,000, across 45 active MLS® listings.
Those listings have been on the market an average of 71 days.
14 new listings came to market in Hammond Bay in the last 30 days.
Asking prices work out to about $437 per square foot, based on the 34 listings that report floor area.
Detached homes in Hammond Bay are listed at an average of $1,406,313 across 32 active listings.
Vacant land in Hammond Bay are listed at an average of $777,882 across 11 active listings.
Hammond Bay is a well-established, primarily residential neighbourhood on Nanaimo’s north end, known for quiet streets, ocean views in pockets, and a mix of 1970s–1990s single-family homes alongside newer infill and townhouse/condo options closer to the commercial nodes. The area skews toward families, professionals, and downsizers who value proximity to the waterfront and a suburban feel while remaining a short drive to North Town Centre, Country Club Centre, and major services. Day-to-day amenities are concentrated along Hammond Bay Road and nearby commercial strips, with access to parks and coastal recreation including Pipers Lagoon Park, Neck Point Park, and beach trails that are a major draw for owner-occupiers.
Schools serving the area commonly include Hammond Bay Elementary and nearby options in the north-end catchments, contributing to stable family-driven demand. Transit is available via Nanaimo’s bus network along Hammond Bay Road, though most households rely on vehicles; commuting is generally convenient to downtown Nanaimo, Vancouver Island University, and ferry connections (Departure Bay) by car. Real estate trends tend to be steadier and less volatile than more entry-level neighbourhoods: demand is supported by limited waterfront-adjacent supply, strong lifestyle appeal, and persistent in-migration to the Island. Investors typically see moderate gross yields due to higher acquisition prices relative to rents, with better performance in secondary suites, well-located townhomes, and smaller single-family properties configured for long-term tenants.
Hammond Bay currently has 80 active listings with a median asking price of $1,099,450 and an average of $436 per square foot, pointing to a higher-end segment with pricing support. Homes are averaging 75 days on market, suggesting buyers have time to compare options and negotiate, while 28 new listings in the past 30 days indicate fresh supply that could add competitive pressure and create opportunities for value-focused buyers and investors.
The median asking price in Hammond Bay, Nanaimo is $1,199,000, across 45 active MLS® listings as of August 12, 2026. The average asking price is $1,216,969. These are list prices on homes currently for sale, not sale prices.
There are 45 active MLS® listings in Hammond Bay, Nanaimo as of August 12, 2026. 14 of them came to market in the last 30 days.
Homes currently listed in Hammond Bay, Nanaimo have been on the market an average of 71 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 45 homes currently listed in Hammond Bay, Nanaimo, 71% detached houses, 24% vacant land, 2% townhouses, 2% duplexes.