Union Bay, British Columbia
As of September 27, 2026, the median asking price in Union Bay is $1,044,750, across 12 active MLS® listings.
Those listings have been on the market an average of 116 days.
2 new listings came to market in Union Bay in the last 30 days.
Asking prices work out to about $485 per square foot, based on the 11 listings that report floor area.
Detached homes in Union Bay are listed at an average of $1,278,263 across 8 active listings.
Union Bay is a small, coastal village on the east side of Vancouver Island between Courtenay/Comox and Qualicum Beach, known for its historic waterfront character, ocean-and-mountain views, and a quiet, semi-rural lifestyle. The neighbourhood is primarily low-density single-family housing on larger lots with a mix of long-time residents, retirees, and families seeking affordability relative to Comox and the immediate Comox Valley core. Day-to-day amenities are limited within Union Bay itself (local convenience services and recreation access), with most shopping, medical services, and dining trips oriented to Courtenay/Comox.
Outdoor access is a key draw, with shoreline walks, nearby trails, and quick drives to Comox Valley beaches and Mount Washington for winter sports. Schools and broader services are typically accessed in the larger Comox Valley school catchments; families often commute to Courtenay/Comox for elementary/secondary options and activities. Transit options are limited compared with urban centres, and most households rely on driving; Highway 19 provides regional connectivity. The real estate market tends to be driven by lifestyle buyers, downsizers, and remote workers, with relatively tight inventory, fewer rental listings, and pricing that can swing more than cities due to small-market sales volumes. Recent trends are best characterized as steadier or slightly softer near-term after earlier pandemic-era gains, while longer-term growth remains supported by Vancouver Island in-migration and constrained coastal land supply.
Union Bay’s current for-sale market is relatively small and selective, with 12 active listings at a median asking price of $1,044,750, averaging $485 per sq ft and 116 days on market so far. With only 2 new listings in the past 30 days, supply appears slow to refresh, and pricing can vary notably across the city’s mix of waterfront and view properties, rural-acreage homes, and smaller residential pockets, suggesting buyers may have room to negotiate on longer-listed homes while well-positioned properties can still command a premium.
AI-written commentary on the active MLS® listing snapshot as of September 27, 2026. Not financial advice.
Walk Score 37 · Bike Score 31
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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