Malahat, British Columbia, Canada
As of August 12, 2026, the median asking price in Malahat is $629,000, across 23 active MLS® listings.
Those listings have been on the market an average of 134 days.
2 new listings came to market in Malahat in the last 30 days.
Asking prices work out to about $697 per square foot, based on the 5 listings that report floor area.
Vacant land in Malahat are listed at an average of $1,044,822 across 18 active listings.
Detached homes in Malahat are listed at an average of $3,074,600 across 5 active listings.
Summit living between coast and valley
Malahat isn’t a neighbourhood you “walk around” so much as one you move through—climbing Highway 1 to the summit where the air cools, the trees thicken, and the views open out over Saanich Inlet and the Gulf Islands. It’s a rural, mountain-and-forest pocket defined by slopes, rock cuts, arbutus and fir, and the long ribbon of the Trans-Canada. For many locals, the day’s rhythm is set by road conditions, ferry schedules, and the weather rolling over the ridge.
Homes here tend to sit on generous lots and acreages—driveways that disappear into the trees, workshops and outbuildings, and houses positioned to catch light and sightlines rather than street life. The community skews toward homeowners: tradespeople, commuters splitting the difference between Greater Victoria and the Cowichan Valley, and lifestyle residents who want privacy, space for projects, and a sense of being “out of town” without being remote. It’s quiet in a way that feels deliberate, with wildlife, wind in the canopy, and the occasional convoy of traffic as the soundtrack.
Real estate in Malahat is shaped by scarcity and practicality. Inventory is limited, turnover can be slow, and pricing tends to reflect land value, views, and access as much as the home itself—plus the realities of wells, septic systems, driveways, and winter readiness. Buyers are often looking for acreage, home-based business flexibility, or a foothold between two job markets; sellers benefit from the area’s distinct identity but face a smaller, more targeted pool of shoppers who understand rural living and highway-side logistics.
Malahat’s market is offering ample choice with 394 active for-sale listings, a median asking price of $699,999, and an average of $555 per square foot. Homes are taking about 75 days on market, and with 109 new listings in the past 30 days, supply is replenishing quickly—giving buyers more negotiating room while investors should prioritize realistic pricing and cash-flow fundamentals over short-term appreciation.
Walk Score 0 · Bike Score 17
The median asking price in Malahat is $629,000, across 23 active MLS® listings as of August 12, 2026. The average asking price is $1,486,078. These are list prices on homes currently for sale, not sale prices.
There are 23 active MLS® listings in Malahat as of August 12, 2026. 2 of them came to market in the last 30 days.
Homes currently listed in Malahat have been on the market an average of 134 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 23 homes currently listed in Malahat, 78% vacant land, 22% detached houses.
Malahat has a Walk Score of 0 out of 100, which Walk Score classifies as Car-Dependent — almost all errands require a car. Bike Score is 17.