Wabana, Newfoundland and Labrador, Canada
As of August 12, 2026, the median asking price in Wabana is $89,900, across 9 active MLS® listings.
Those listings have been on the market an average of 61 days.
6 new listings came to market in Wabana in the last 30 days.
Asking prices work out to about $116 per square foot, based on the 6 listings that report floor area.
Wabana is a small, coastal neighbourhood/town on Bell Island in Conception Bay, reached primarily via the ferry from Portugal Cove–St. Philip’s to Bell Island (Lance Cove). It has a quiet, close-knit character with older housing stock, ocean views, and a strong connection to its mining history (notably the Bell Island Mine and associated heritage sites). Demographics skew toward long-time residents and retirees, with some commuting to the St. John’s metro for work; seasonal activity increases in summer due to recreation and visitors.
Amenities are limited and day-to-day services are generally modest, with many residents relying on nearby communities and St. John’s for larger retail, specialized healthcare, and employment. Local schools on Bell Island serve the area, and recreation is centered on coastal trails, boating/fishing, community facilities, and historic attractions. There is no urban-style public transit; mobility is car-dependent and ferry schedules are a key factor for commuting and service access.
Real estate is typically more affordable than the St. John’s CMA, dominated by detached homes on larger lots, with fewer purpose-built rentals and lower transaction volumes (which can create pricing volatility). Investor demand is mostly value- and cashflow-oriented, with some niche short-term/seasonal rental potential tied to tourism and oceanfront properties. Market trends tend to follow broader Newfoundland & Labrador dynamics—modest-to-moderate appreciation over time, higher vacancy risk than core urban areas, and returns that hinge on purchase price discipline, renovation costs, and realistic rent assumptions given the smaller tenant pool.
Wabana’s market currently has 12 active for-sale listings with a median asking price of $104,450 and an average of $114 per square foot, pointing to generally attainable pricing. Homes are taking about 87 days on market on average, suggesting buyers have time to compare options and negotiate, while investors may find room to target value. With 4 new listings in the past 30 days, fresh inventory is arriving but not at a pace that signals a rapid shift in market conditions.
The median asking price in Wabana is $89,900, across 9 active MLS® listings as of August 12, 2026. The average asking price is $108,678. These are list prices on homes currently for sale, not sale prices.
There are 9 active MLS® listings in Wabana as of August 12, 2026. 6 of them came to market in the last 30 days.
Homes currently listed in Wabana have been on the market an average of 61 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.