Nanaimo, British Columbia, Canada
As of September 7, 2026, the median asking price in Nanaimo is $699,950, across 725 active MLS® listings.
Those listings have been on the market an average of 87 days.
193 new listings came to market in Nanaimo in the last 30 days.
Asking prices work out to about $444 per square foot, based on the 547 listings that report floor area.
Detached homes in Nanaimo are listed at an average of $1,024,132 across 323 active listings.
Vacant land in Nanaimo are listed at an average of $701,003 across 115 active listings.
Condos in Nanaimo are listed at an average of $465,088 across 109 active listings.
Townhouses in Nanaimo are listed at an average of $607,408 across 62 active listings.
Harbourfront bustle, heritage-home blocks
Central and south Nanaimo—stretching from the Harbourfront and Old City Quarter into the surrounding residential pockets—wears its history in layers: early port-town streets, post-war infill, and the steady hum of a modern downtown that’s still figuring out how dense it wants to be. You’ll find creaky, character-filled houses tucked behind mature trees, low-rise condo buildings with practical floorplans, and the occasional new mid-rise proposal that signals a slow but persistent shift toward more urban living.
The people mix is just as layered. Vancouver Island University pulls in students, instructors, and staff who want a straightforward commute, while service-sector workers and downtown employees prize proximity to shops, the waterfront, and the ferry connections. Despite the Harbourfront energy, this is not a “leave the car behind” neighbourhood—its walk score (34/100) reflects that many daily errands still nudge you into a vehicle, especially once you move a few blocks away from the core.
Real estate here tends to be value-driven and varied: entry-level condos near downtown, older detached homes with renovation potential, and small-lot infill where zoning allows. Buyers often come looking for character, convenience to VIU and the core, or a foothold close to the water without the premium of newer master-planned areas. Expect a market that rewards flexibility—homes with suites, walkable micro-locations near commercial streets, and well-kept heritage properties tend to stand out in a neighbourhood where every block tells a slightly different story.
Nanaimo’s market currently has 936 active for-sale listings with a median asking price of $699,000 and an average of $461/sqft, giving buyers and investors plenty of selection and clear pricing benchmarks. Homes are averaging 89 days on market, and with 253 new listings added in the past 30 days, supply is being refreshed steadily—suggesting measured demand and potential negotiating room, especially on listings that have been sitting longer.
Walk Score 34 · Transit Score 50 · Bike Score 38
The median asking price in Nanaimo is $699,950, across 725 active MLS® listings as of September 7, 2026. The average asking price is $923,304. These are list prices on homes currently for sale, not sale prices.
There are 725 active MLS® listings in Nanaimo as of September 7, 2026. 193 of them came to market in the last 30 days.
Homes currently listed in Nanaimo have been on the market an average of 87 days as of September 7, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 725 homes currently listed in Nanaimo, 45% detached houses, 16% vacant land, 15% condos, 9% townhouses.
Nanaimo has a Walk Score of 34 out of 100, which Walk Score classifies as Car-Dependent — most errands require a car. Transit Score is 50. Bike Score is 38.
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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