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Nanaimo

Why you'd want to live in Nanaimo

Moving to Nanaimo has been the first choice for many Canadians residing in British Columbia and other provinces. The population has steadily increased by over 5% annually, with an estimated population of over 160,000 in the Nanaimo Regional District. The city of Nanaimo's population is 90,504 as of the 2016 census.The median age of the people in Nanaimo is around 45 years old. This city offers one of the best lifestyles for retirees and families looking to relocate to a safe West Coast community with excellent outdoor activities, without the congestion and stress of a major city. Nanaimo offers a world of opportunities for both yourself and your family. This beautiful West Coast city is known as the Harbour City and provides some of the best living conditions in all of Canada. From the outdoor activities, cultural history, mild climate to phenomenal schools, Nanaimo has something to offer people from all walks of life. The variety of communities allows individuals to choose from modern oceanfront homes in Dover bay, peaceful mountainside dwellings in Pleasant Valley, luxurious harbour view condos, and picturesque lakefront properties near Brannen Lake. Whether you're a family, retiree, or student looking for the very best Canada has to offer, look no further than relocating to Nanaimo, B.C.

Nanaimo Market Report

$960,312

AVERAGE PRICE OF 766 HOMES

$1,716,101

AVERAGE PRICE OF 235 MULTI-MILLION DOLLAR HOMES

$1,046,137

AVERAGE PRICE OF 94 NEWLY BUILT HOMES

$1,320,640

AVERAGE PRICE OF 15 HOMES WITH A POOL

$797,184

AVERAGE PRICE OF 33 REDUCED PRICE HOMES

Average Home

Average Price $960,312
Avg Bedrooms 2.92 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $387,645
2 bedrooms $539,051
3 bedrooms $889,390
4 bedrooms $1,088,273
5 bedrooms $1,167,011
Nanaimo Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 813 824 857 849 789
Average Price $931,023 $937,655 $953,391 $931,710 $923,840
Avg Price Change -0.71% -1.68% +2.33% +0.85% +3.23%
Median Price $798,803 $796,050 $781,724 $760,312 $755,411
Med Price Change +0.35% +1.83% +2.82% +0.65% +1.11%
Avg Bedrooms 2.9 beds 2.88 beds 2.77 beds 2.76 beds 2.77 beds
Avg Bathrooms 2.2 baths 2.19 baths 2.13 baths 2.12 baths 2.13 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 766 $960,312 66 days
Multi-Million Dollar Homes 235 $1,716,101 73 days
Newly Built Homes 94 $1,046,137 71 days
Homes with a Pool 15 $1,320,640 35 days
Reduced Price Homes 33 $797,184 50 days