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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

$843,767

AVERAGE PRICE OF 806 HOMES

$1,680,609

AVERAGE PRICE OF 174 MULTI-MILLION DOLLAR HOMES

$883,483

AVERAGE PRICE OF 66 NEWLY BUILT HOMES

$1,004,750

AVERAGE PRICE OF 10 HOMES WITH A POOL

Average Home

Average Price $843,767
Avg Bedrooms 2.91 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $414,284
2 bedrooms $545,240
3 bedrooms $799,774
4 bedrooms $989,747
5 bedrooms $1,174,880
Nanaimo Home Price Trends
  5/2026 4/2026 3/2026 2/2026 1/2026
Total Listings n/a 763 695 622 569
Average Price n/a $964,535 $980,877 $996,380 $981,046
Avg Price Change n/a -1.69% -1.58% +1.56% +5.46%
Median Price n/a $729,712 $740,006 $743,496 $717,861
Med Price Change n/a -1.41% -0.47% +3.57% -0.35%
Avg Bedrooms n/a 2.58 beds 2.58 beds 2.54 beds 2.5 beds
Avg Bathrooms n/a 1.98 baths 1.95 baths 1.94 baths 1.92 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 806 $843,767 57 days
Multi-Million Dollar Homes 174 $1,680,609 69 days
Newly Built Homes 66 $883,483 65 days
Homes with a Pool 10 $1,004,750 40 days