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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

$878,350

AVERAGE PRICE OF 581 HOMES

$1,720,359

AVERAGE PRICE OF 145 MULTI-MILLION DOLLAR HOMES

$778,311

AVERAGE PRICE OF 127 NEWLY BUILT HOMES

$1,303,283

AVERAGE PRICE OF 6 HOMES WITH A POOL

$870,300

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $878,350
Avg Bedrooms 2.5 beds
Avg Bathrooms 1.91 baths

Average Price by Bedrooms

1 bedroom $418,635
2 bedrooms $570,894
3 bedrooms $855,574
4 bedrooms $993,225
5 bedrooms $1,167,516
Nanaimo Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 457 523 661 763 813
Average Price $931,186 $968,553 $957,901 $951,404 $931,023
Avg Price Change -4.01% +1.11% +0.68% +2.19% -0.71%
Median Price $742,735 $764,883 $776,522 $783,325 $798,803
Med Price Change -2.98% -1.52% -0.88% -1.98% +0.35%
Avg Bedrooms 2.58 beds 2.65 beds 2.76 beds 2.85 beds 2.9 beds
Avg Bathrooms 1.92 baths 2 baths 2.11 baths 2.17 baths 2.2 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 581 $878,350 58 days
Multi-Million Dollar Homes 145 $1,720,359 70 days
Newly Built Homes 127 $778,311 43 days
Homes with a Pool 6 $1,303,283 59 days
Reduced Price Homes 11 $870,300 70 days